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Exclusive: ETH Zurich spinout ZuriQ raises $25.5m seed

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ZuriQ, an ETH Zurich spinout, raised $25.5 million in seed funding to develop a new quantum chip architecture claimed to be more scalable than existing approaches. The company previously secured a $3.4 million pre-seed round and is working on a superconducting qubit design. The funding will accelerate ZuriQ's efforts to commercialize its quantum computing technology and compete with other quantum hardware developers.

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