Sygaldry secured $34 million in seed funding and $105 million in Series A to develop data center servers combining quantum and classical computing hardware. The startup targets the growing intersection of AI and quantum computing infrastructure.
Sygaldry is pursuing an ambitious engineering challenge: integrating quantum processors directly into AI data center servers alongside classical chips. The approach aims to leverage quantum computing's computational advantages for specific AI workloads while maintaining compatibility with existing data center infrastructure.
The company is led by Chad Rigetti, a veteran in quantum computing who has spent his career advancing the field. The $139 million in combined funding signals investor confidence in hybrid quantum-classical systems as a viable path toward practical quantum advantage in commercial applications.
The timing reflects growing momentum in quantum computing adoption, particularly as enterprises explore how quantum processors might accelerate machine learning tasks, optimization problems, and other computationally intensive operations. By embedding quantum hardware directly into servers rather than treating it as separate infrastructure, Sygaldry seeks to simplify deployment and integration challenges.
The Series A round brings the startup's total funding to $139 million, positioning it among well-capitalized quantum hardware startups competing to commercialize quantum computing technology.
Phia, the shopping startup founded by Phoebe Gates and Sophia Kianni, faces allegations of 'cookie stuffing'—a deceptive practice that allowed the company to claim affiliate commissions on purchases it didn't generate, according to a Bloomberg investigation.
Phia, a shopping app co-founded by Phoebe Gates, is allegedly using cookie stuffing—a fraudulent technique involving fake clicks—to claim unearned affiliate commissions. The startup has raised $43.5 million to date.
Toni Schneider has been promoted from interim to permanent CEO of Bluesky, four months after taking the role in March. Schneider, formerly CEO of Automattic, commits to leading the decentralized social platform.
Oratomic secured $300 million in funding to develop a quantum computer requiring only 20,000 qubits—a significant reduction from conventional approaches. The round was co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures.