NEWS MODELLING AND SIMULATION
Oxford Quantum Circuits raises £38m Series A funding
Oxford Quantum Circuits (OQC) has announced that it has raised £38m in the first close of an ongoing Series A investment round. The investment is the UK’s largest-ever Series A in quantum computing and will accelerate research and development and fuel expansion in the Asia-Pacific region. The round was co- led by Lansdowne Partners, one of Europe’s leading investment firms, and The University of Tokyo Edge Capital Partners (UTEC), Japan’s largest deep-tech VC fund. British Patient Capital and existing investors, Oxford Science Enterprises (OSE) and Oxford Investment Consultants (OIC), also participated. Ilana Wisby, CEO of OQC, comments: ‘This initial close is the UK’s largest-ever Series A in quantum computing – demonstrating our investors’ confidence in our ability to lead the global quantum industry. It’s testament to the significant technological and commercial progress we have achieved in recent months, thanks to our world-class team. It is also the first step in our international expansion, bringing quantum to our customers’ fingertips – wherever they are in the world.’ OQC’s patented 3D architecture, the Coaxmon, combines unparalleled scalability with world-class performance. This funding follows the February 2022 launch of OQC’s latest system, Lucy, on Amazon Braket – making it the first European quantum
MODELLING AND SIMULATION German start-up MachineWare announces RISC-V simulator
MachineWare aims to disrupt semiconductor design with the introduction of its high-speed functional simulator, SIM-V. Headquartered in Aachen and emerging from stealth mode in May, MachineWare’s SIM-V combines simulation performance with customisability, for applications ranging from embedded devices to supercomputers. SIM-V enables software developers to test full software stacks – including firmware, operating system kernel and complex user-space applications, such as (Java-) virtual machines or rich graphical environments – in real time. Lukas Jünger, MachineWare
www.scientific-computing.com | @scwmagazine
Managing Director and co-founder, says: ‘Our mission is to equip RISC-V software developers with the tools they need to deliver safe and secure software stacks on- schedule and glitch-free.’ Today’s hardware-software
systems are becoming increasingly complex – with even tiny edge systems executing millions of lines of code. SIM-V allows software developers to interactively debug the most complex designs without the need for physical hardware – even before first prototypes are available. Integrating SIM-V into continuous integration systems minimises test execution times, saves compute resources and allows developers to continue their
company on AWS. The company’s technology can be used by businesses in financial services, pharma and logistics to increase their competitive edge. Lenny Chin, principal at UTEC, says: ‘Quantum computing promises to be the next frontier of innovation, and OQC, with its state-of-the-art Coaxmon technology, aims to integrate the forefront of modern physics into our everyday lives. UTEC is honoured to be part of OQC’s mission of making quantum technology accessible to all and will support OQC’s expansion into
Asia-Pacific through collaborations with academia, including the University of Tokyo, and partnerships with Japan’s leading financial and tech corporations.’ This Series A investment will be used to
scale the company’s quantum systems and its private quantum computing-as-a-service offering. It will also consolidate OQC’s position in Europe and accelerate international expansion in the Asia-Pacific region, including the Japanese market – a hotspot for financial services eager to realise the advantages of quantum computing.
work sooner. ‘Human errors are unavoidable and critical bugs that compromise system safety and security are bound to appear in every project,’ adds Lukas. ‘Correct system functionality
can only be ensured through extensive testing and rigorous
verification. However, automated, cross-architecture continuous- integration systems are still a major resource drain on many software teams. With SIM-V, complex test suites can be set up, executed and scaled up, all before getting near the hardware.’
Summer 2022 Scientific Computing World 33
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Bartlomiej K. Wroblewski/shutterstock
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