Okyuti Secures 14 Billion Won Pre-A Funding to Advance Quantum Computing

Stock News10-16 17:10

South Korean quantum computing company Okyuti has announced the completion of a 14 billion won Pre-A funding round, led by DSC Investment with participation from Kakao Ventures and Bluepoint Partners, alongside new investors including Stonebridge Ventures.

According to publicly available information, Okyuti was founded by Kim Dong-kyu, a physics professor at the Korea Advanced Institute of Science and Technology (KAIST) and a founding member of neutral-atom quantum computer company QuEra. The company adopts a laser-cooled neutral-atom technology approach, and its software-defined quantum processor integrates quantum error correction with quantum operations, aiming to directly realize logical fault-tolerant qubits.

The funds from this round will be used to expand research and development scale and advance overseas expansion.

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