Ledger. Australian venture funding, tracked

Company

Oak Ridge National Laboratory

US research laboratory where Quantum Brilliance installed quantum processor units

Oak Ridge, OS

Coverage

Stories naming Oak Ridge National Laboratory. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

undisclosed $10m

AR 2024/25: Breakthrough Victoria's J-Curve Moment

Breakthrough Victoria's CEO reviews its 2024/25 year: growing capital base, strong co-investment leverage, portfolio milestones including Amber's $10m raise, first fellows awarded, and projected economic impact ahead.

Also Startup Daily·Startup Daily·RenewEconomy

Funding announcement

Quantum Brilliance processors installed at Oak Ridge facility in “the first big steps” towards quantum computing for scientific discovery

Quantum Brilliance's diamond-based quantum processors are running in Oak Ridge National Laboratory's commercial quantum cluster in the US. The piece also recalls the National Reconstruction Fund's $13m Series A investment made in December 2024.

2 deals

Quantum Brilliance Raises $20M to Scale Diamond Quantum Tech

Diamond quantum hardware maker Quantum Brilliance raised $20 million in Series A funding from Main Sequence, In-Q-Tel and Australian government investors, and won a German agency contract for a mobile quantum computer.

Series A US$20m

Breakthrough Victoria Portfolio Companies Celebrate Milestones and Global Growth

Breakthrough Victoria highlights recent achievements of portfolio companies including funding, awards, and expansions for firms like Liquid Instruments, Quantum Brilliance, and Samsara Eco.

Series A US$20m

Quantum Brilliance Raises $20 Million in Series A Funding Round

Diamond quantum hardware maker Quantum Brilliance announced a US$20 million Series A with Main Sequence, In-Q-Tel, Intervalley Ventures, NRFC and Breakthrough Victoria among its backers, to build a foundry and sensing prototypes.

2 deals

Bill Gates-backed Type One Energy lands massive seed extension to commercialize fusion power

Fusion startup Type One Energy has pulled in a $53.5m extension to its seed round, led by Breakthrough Energy Ventures with Foxglove Ventures and GD1 taking part, to accelerate its stellarator reactor plans.

Also Forbes Australia

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