Chicago Quantum Exchange: $150K to Further Supercharge receives $150,000 from George Shultz Innovation Fund to lay the groundwork for quantum computing

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+  The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has awarded $150,000 from its George Shultz Innovation Fund to, a company that is “supercharging” near-term quantum computers to solve commercially useful problems.

“’s core innovation is incredibly compelling and may lay the groundwork for quantum computing for years to come. We’re excited to be a part of their early journey and future success,” said Jason Pariso, director of the George Shultz Innovation Fund.

+  The team, led by Pranav Gokhale – a doctoral candidate in quantum computer architecture at UChicago – is architecting a technology stack that makes software explicitly aware of the underlying quantum hardware. Their work enables useful speedups with qubits, matching hardware expected in the next five years.

+  The funding and support from the Shultz Innovation Fund will enable to make key hires over the coming months, explained Gokhale. “I have been engaged with the Polsky Center as a former Innovation Fund Associate and an I-Corps participant, so I’m looking forward to staying engaged with Polsky through this investment,” he said.

Source:  Chicago Quantum Exchange.  Chicago Quantum Exchange, receives $150,000 from George Shultz Innovation Fund to lay the groundwork for quantum computing…

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