TLDR:
- Rotonium, based in Padova, Italy, has received €1 million in seed funding from Galaxia, the National Technology Transfer Centre for Aerospace.
- The funding will support the development of photonic technology based on single-photon qubits for commercial quantum computing.
Rotonium, a company in Padova, Italy, is focused on harnessing the orbital angular momentum of electromagnetic waves and photons for communication and quantum computation. Recently, they secured €1 million in seed funding from Galaxia, the National Technology Transfer Centre for Aerospace, in collaboration with CDP Venture Capital’s Tech Transfer Fund and Obloo Ventures. This investment will be used to advance their photonic technology, specifically a single-photon qubit that can operate at room temperature, and to propel the design of a commercial quantum computer.
The team at Rotonium plans to scale up their operations by expanding their workforce and intensifying integration tests of the components essential for their technology. This funding milestone is an essential step towards their goal of bringing innovative quantum computing solutions to market. For more details, visit the article on the Startupbusiness website.
