Quantum Dice Secures €2m EIC Accelerator Grant Backed by IP Group plc

Reuters12-09
<a href="https://laohu8.com/S/QMCO">Quantum</a> Dice Secures €2m EIC Accelerator Grant Backed by IP Group plc

Quantum Dice, a UK-based leader in quantum photonics and probabilistic computing, has secured a €2 million grant from the European Innovation Council $(EIC)$ Accelerator programme to advance its probabilistic computing platform. The funding will support the development and commercialisation of Quantum Dice's ORBIT™ quantum-enabled probabilistic processor and its Lagrange 0 computing system. The grant was awarded to Quantum Dice, not directly to IP Group plc, although IP Group plc is referenced in relation to the announcement. Quantum Dice was one of only 40 deep-tech start-ups across Europe, and three from the UK, selected from 1,000 applicants to receive this transformative funding.

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