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Startups

Singapore quantum computing startup Entropica Labs raises $1.8m

Fresh funding earmarked for software targeting enterprise customers

Entropica Labs is a spinoff of Singapore's Centre for Quantum Technologies at the National University of Singapore.   © Reuters

SINGAPORE -- Entropica Labs, a Singapore-based quantum computing startup, has raised $2.6 million Singapore dollars ($1.8 million) in seed funding led by deep-tech venture capital Elev8.

According to a statement, Entropica will use the fresh funding to expand its technical team and develop proprietary software architecture based on quantum technology.

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