Daily Archives: May 11, 2021

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PsiQuantum and Globalfoundries have teamed up to manufacture the chips that will become part of the Q1 quantum computer.

Palo Alto, California-based PsiQuantum has plans to create a million-qubit quantum computer. Globalfoundries is a major chipmaker that will manufacture the silicon photonic and electronic chips that are part of the Q1.

The system theyre working on now is the first milestone in PsiQuantums roadmap to deliver a commercially viable quantum computer with 1 million qubits (the basic unit of quantum information) and beyond. PsiQuantum believes silicon photonics, or combining optics with silicon chips, is the only way to scale beyond 1 million qubits and deliver an error-corrected, fault-tolerant, general-purpose quantum computer. PsiQuantum wants to deliver quantum capabilities that drive advances with customers and partners across climate, health care, finance, energy, agriculture, transportation, and communications.

PsiQuantum and GF have now demonstrated a world-first ability to manufacture core quantum components, such as single-photon sources and single-photon detectors, with precision and in volume, using the standard manufacturing processes of GFs world-leading semiconductor fab. The companies have also installed proprietary production and manufacturing equipment in two of Globalfoundries 300-millimeter factories to produce thousands of Q1 silicon photonic chips at its facility in upstate New York and state-of-the-art electronic control chips at its Fab 1 facility in Dresden, Germany.

Above: A Globalfoundries cleanroom.

Image Credit: Globalfoundries

PsiQuantums Q1 system represents breakthroughs in silicon photonics, which the company believes is the only way to scale to a million or more qubits to deliver an error-corrected, fault-tolerant, general-purpose quantum computer.

The Q1 system is the result of five years of development at PsiQuantum by the worlds foremost experts in photonic quantum computing. The team made it their mission to bring the world-changing benefits of quantum computing to reality, based on two fundamental understandings. Globalfoundries is fast becoming a leader in silicon photonics, Moor Insights & Strategy analyst Patrick Moorhead said in an email to VentureBeat. Its announcement with PsiQuantum now adds quantum computing to its SiPho repertoire of datacenter and chip-level connectivity.

First, it focused on a quantum computer capable of performing otherwise impossible calculations requiring a million physical qubits. Second, it leveraged more than 50 years and trillions of dollars invested in the semiconductor industry as the path to creating a commercially viable quantum computer.

Globalfoundries Amir Faintuch said in a statement that we have experienced a decade of technological change in the past year and that the digital transformation and explosion of data now requires quantum computing to accelerate a compute renaissance.

Globalfoundries silicon photonics manufacturing platform enables PsiQuantum to develop quantum chips that can be measured and tested for long-term performance reliability. This is critical to the ability to execute quantum algorithms, which require millions or billions of gate operations. PsiQuantum is collaborating with researchers, scientists, and developers at leading companies to explore and test quantum use cases across a range of industries, including energy, health care, finance, agriculture, transportation, and communications.

Pete Shadbolt, chief strategy officer at PsiQuantum, said in a statement that this is a major achievement for both the quantum and semiconductor industries, demonstrating that its possible to build the critical components of a quantum computer on a silicon chip, using standard manufacturing processes. He said PsiQuantum knew that scaling the system was key. By the middle of the decade, PsiQuantum and Globalfoundries hope to create all the manufacturing lines and processes needed to begin assembling a final machine.

PsiQuantum and Globalfoundries want to play a critical role in ensuring the United States becomes a global leader in quantum computing, supported by a secure, domestic supply chain.

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GlobalFoundries and PsiQuantum partner on full-scale quantum computer - VentureBeat

ARMONK, N.Y., May 7, 2021 IBM announced today it has extended its IBM Global University Program with historically black colleges and universities (HBCUs) to 40 schools.

IBM is now working with the American Association of Blacks in Higher Education (AABHE), 100 Black Men of America, Inc., Advancing Minorities Interest in Engineering (AMIE) and the United Negro College Fund (UNCF) to better prepare HBCU students for in-demand jobs in the digital economy.

In parallel, the IBM Institute for Business Value released a newreportwith broad-ranging recommendations on how businesses can cultivate more diverse, inclusive workforces by establishing similar programs and deepening engagement with HBCUs.

IBMs HBCU program momentum has been strong in an environment where only 43% of leaders across industry and academia believe higher education prepares students with necessary workforce skills.* In September 2020,IBM announcedthe investment of$100 millionin assets, technology and resources to HBCUs acrossthe United States. Through IBM Global University Programs, which include the continuously enhanced IBM Academic Initiative and IBM Skills Academy, IBM has now:

Building on this work, IBM and key HBCU ecosystem partners are now collaborating to expedite faculty and student access and use of IBMs industry resources.

In its new report,Investing in Black Technical Talent: The Power of Partnering with HBCUs,IBM describes how HBCUs succeed in realizing their mission and innovate to produce an exceptional talent pipeline, despite serious funding challenges. IBM explains its approach to broad-based HBCU collaboration with a series of best-practices for industry organizations.

IBMs series of best practices include:

To download the full report, please visit:LINK.

HBCU students continue to engage with IBM on a wide range of opportunities. These include students taking artificial intelligence, cybersecurity or cloud e-learning courses and receiving a foundational industry badge certificate in four hours. Many also attend IBMs virtual student Wednesday seminars with leading experts, such as IBM neuroscientists who discuss the implications of ethics in neurotechnology.

Statements from Collaborators

HBCUs typically deliver a high return on investment. They have less money in their endowments, faculty is responsible for teaching a larger volume of classes per term and they receive less revenue per student than non-HBCUs. Yet, HBCUs produce almost a third of all African-American STEM graduates,** saidValinda Kennedy, HBCU Program Manager, IBM Global University Programs and co-author ofInvesting in Black Technical Talent: The Power of Partnering with HBCUs.It is both a racial equity and an economic imperative for U.S. industry competitiveness to develop the most in-demand skills and jobs for all students and seek out HBCU students who are typically underrepresented in many of the most high-demand areas.

100 Black Men of America, Inc. is proud to collaboratewith IBM to deliver these exceptional and needed resources to the HBCU community and students attending these institutions. The 100 has long supported and sought to identify mechanisms that aid in the sustainability of historically black colleges and universities. This collaboration and the access and opportunities provided by IBM will make great strides in advancing that goal, stated100 Black Men of America ChairmanThomas W. Dortch, Jr.

The American Association of Blacks in Higher Education is proud to collaborate with IBM, saidDereck Rovaris, President, AABHE. Our mission to be the premier organization to drive leadership development, access and vital issues concerning Blacks in higher education works perfectly with IBMs mission to lead in the creation, development and manufacture of the industrys most advanced information technologies.Togetherthis collaboration will enhance both organizations and the many people we serve.

IBM is a strong AMIE partnerwhose role is strategic and support is significant in developing a diverse engineering workforce through AMIE and our HBCU community.IBMs presence on AMIEs Board of Directors provides leadership for AMIEs strategies,key initiatives and programsto achieve our goal of a diverse engineering workforce, saidVeronica Nelson, Executive Director, AMIE.IBM programslike the IBM Academic Initiative and the IBM Skills Academyprovideaccess, assets and opportunities for our HBCU faculty and students to gain high-demand skills in areas like AI, cybersecurity, blockchain, quantum computing and cloud computing. IBM is a key sponsor of the annual AMIE Design Challenge introducing students to new and emerging technologies through industry collaborations and providing experiential activities like IBM Enterprise Design Thinking, which is the foundational platform for the Design Challenge. The IBM Masters and PhD Fellowship Awards program supports our HBCU students with mentoring, collaboration opportunities on disruptive technologies as well as a financial award. The IBM Blue Movement HBCU Coding Boot Camp enables and recognizes programming competencies. IBM also sponsors scholarships for the students at the 15 HBCU Schools of Engineering to support their educational pursuits. IBM continues to evolve its engagement with AMIE and the HBCU Schools of Engineering.

The IBM Skills Academy is timely in providing resources that support the creativity of my students in the Dual Degree Engineering Program atClark Atlanta University, saidDr.Olugbemiga A. Olatidoye, Professor, Dual Degree Engineering and Director, Visualization, Stimulation and Design Laboratory,Clark Atlanta University. It also allows my students to be skillful in their design thinking process, which resulted in an IBM digital badge certificate and a stackable credential for their future endeavors.

We truly value the IBM skills programs and have benefitted from the Academic Initiative, Skills Academy and Global University Awards across all five campuses, saidDr.Derrick Warren, Interim Associate Dean and MBA Director,Southern University. Over 24 faculty and staff have received instructor training and more than 300 students now have micro-certifications in AI, cloud, cybersecurity, data science, design thinking, Internet of Things, quantum computing and other offerings.

At UNCF, we have a history of supporting HBCUs as they amplify their outsized impact on the Black community, and our work would not be possible without transformational partnerships with organizations like IBM and their IBM Global University Programs, saidEd Smith-Lewis, Executive Director of UNCFs Institute for Capacity Building. We are excited to bring the resources of IBM to HBCUs, their faculty, and their students.

IBM Skills Academy is an ideal platform for faculty to teach their students the latest in computing and internet technologies, saidDr. Sridhar Malkaram, WestVirginia State University. It helped the students in my Applied Data Mining course experience the state of the art in data science methods and analysis tools. The course completion badge/certificate has been an additional and useful incentive for students, which promoted their interest. The Skills Academy courses can be advantageously adapted by faculty, either as stand-alone courses or as part of existing courses.

AboutIBM

IBM is a leading global hybrid cloud, AI and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. For more information visit:https://newsroom.ibm.com/home.

*King, Michael,Anthony Marshall,Dave Zaharchuk. Pursuit of relevance: How higher education remains viable in todays dynamic world. IBM Institute for Business Value. AccessedMarch 23, 2021.https://www.ibm.com/thought-leadership/institute-business-value/report/education-relevance

**Source: National Center for Education Statistics, Integrated Postsecondary Education Data System

Source: IBM

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IBM Extends HBCU Initiatives Through New Industry Collaborations - HPCwire

CSC, Finlands IT Center for Science, is home to a variety of computing resources, including the 1.7 petaflops Puhti supercomputer. The 682-node, Intel Cascade Lake-powered system, which places about halfway down the Top500 list, has managed to make major cultural and scientific waves over the last year thanks to its extensive use for COVID-19 research. In a new review article, CSC is highlighting the wide variety of coronavirus research hosted by Puhti through the course of the pandemic.

In March, CSC like many supercomputing centers around the world announced that it would be fast-tracking COVID-19 research. In CSCs case, approved projects were directed specifically to its Puhti system, with the center initially allocating a third of the supercomputer to the fast track for COVID-19.

In total, CSC awarded 15 applicant projects access to the Puhti fast track. The projects occupied much of the system from the spring through the middle of summer. However, CSC notes, the final fast track load on the system did not occupy that full third of the supercomputer for the duration of the pandemic: rather, it consumed a seemingly paltry 5.42 percent of Puhtis total usage over the course of 2020.

CSC and Puhtis breakthrough moment in COVID-19 research came early in the pandemic with bombshell simulations of viral particle spread (pictured in the header) that showed that a cough could transmit infectious COVID particles at considerable levels as far as 13 feet away, where they would linger for a number of minutes. These simulations one of which was presented in terms of a grocery store aisle captured the worlds attention at a time when the extent of COVIDs airborne transmission was not yet fully known or feared.

But this was far from the only application for Puhti, which is also involved in the global hunt for therapeutics and vaccines. One University of Helsinki researcher, for instance, is using Puhti to study cotransins, small molecules that are sometimes able to obstruct SARS-CoV-2 as it attempts to infect human cells; another group used Puhti to combine molecular dynamics and machine learning and gain better insights into the main protease of the virus. Yet others explored aspects of COVID-19 drug development ranging from the spike proteins and ACE2 receptors to drug repurposing and protein-protein inhibitors.

Other researchers used Puhti to investigate variants and mutations of the virus, which are of increasing concern as vaccinations promise to stamp out current forms of the virus in a number of hotspot countries. CSC reports that virtually all of the thousands of coronavirus genomes detected in Finnish patients were classified using Puhti, with new samples regularly arriving.

With the need for the fast track dwindling (CSC also introduced its 5.39 Linpack petaflops Mahti supercomputer last summer, diminishing competition for time on Mahti), the center is phasing out its COVID fast track this month. Mahti will itself be dwarfed by the 375 Linpack petaflops LUMI, the pre-exascale EuroHPC supercomputer that is slated to begin operations this year.

To learn more about the COVID research hosted by Puhti over the last year, visit CSCs roundup article here.

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Finland's CSC Chronicles the COVID Research Performed on Its 'Puhti' Supercomputer - HPCwire

The business intelligence report on Quantum Computing Technologies Market hosts latest industry data and projections supported by historical statistics and growth opportunities linked to the industry expansion over 2021-2026.

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Quantum Computing Technologies Market to witness an impressive growth during th - News By ReportsGO

Imaginary numbers have a real physical meaning, according to a new set of studies.

Imaginary numbers, which can be combined with real numbers to form complex numbers, are numbers that were thought not to have any sort of analogue in daily life. Real numbers, by contrast, are clearly observable: 1 or 2 is easy enough to recognize in the real world; pi is the ratio of a circle's circumference to its diameter; 32 degrees Fahrenheit (0 degrees Celsius) is the freezing point of water. But there's nothing in the real world that can represent an imaginary number like the square root of negative 1.

Until now, perhaps: New research, conducted by a team led by Alexander Streltsov of the University of Warsaw in Poland and Kang-Da Wu of the University of Science and Technology of China in Hefei, finds that imaginary numbers actually carry real information about quantum states.

"They are not a mere mathematical artifact," said study co-author Carlo Maria Scandolo, a mathematical physicist at the University of Calgary in Canada. Instead, he said, "complex numbers really do exist."

Related: The 11 most beautiful mathematical equations

Imaginary numbers have always had a place in quantum theory. The equations used to describe the behavior of tiny quantum particles are expressed with these complex numbers. This raised a question, Scandolo told Live Science: Are these numbers just mathematical tools, or do they represent something real about the quantum states these equations describe?

To find out, the researchers used a mathematical framework to determine if imaginary numbers are a "resource." In quantum theory, "resource" has a specific meaning: a property that enables new actions that would otherwise be impossible. Quantum entanglement is a resource in quantum theory, because it allows actions such as quantum teleportation, or the transfer of information between locations.

If imaginary numbers are a resource, they'd enable physicists to do more than they could if imaginary numbers weren't present. The team's calculations suggested that imaginary numbers are indeed a resource. But the next step was to check that math in the real world.

To do so, the researchers set up an optics experiment in which a source sent entangled photons (particles of light) to two receivers, "Alice" and "Bob." The goal was for Alice and Bob to determine the quantum states of the photons. They could perform local measurements on their own photons and then compare the measurements, which would allow Alice and Bob to calculate their probability of guessing the correct state for the opposite photon.

For some pairs of quantum states, the researchers found, Alice and Bob could guess the states with 100% accuracy but only if they were allowed to use imaginary numbers in their local measurements. When they were forbidden from using imaginary numbers, it became impossible to accurately tell the two states apart.

"If I remove complex numbers, in these cases, I completely lose my ability to distinguish these two states," Scandolo said.

In other words, the experiment found the same thing as the math: The loss of complex numbers equaled the loss of real information about a quantum system.

The information these complex numbers carry isn't related to a simple physical property, like the spin of an electron. Instead, Scandolo said, it has to do with the ability to extract information from a particle where this particle is located, without considering interactions with other particles at a distance.

The researchers now plan to expand their search for other situations in quantum theory in which imaginary numbers might be a quantum resource. They also want to find out more about how imaginary numbers play a role in situations in which using quantum information is advantageous. For example, the information carried by imaginary numbers might also help explain the underlying reasons why quantum computing allows for actions that traditional computing doesn't, Scandolo said.

"It's important both from a foundational point of view but also as a way of understanding how we can better harness quantum resources and how the quantum world works," he said.

The research was published March 1 in the journals Physical Review A and Physical Review Letters.

Originally published on Live Science.

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'Imaginary' numbers are real (sort of) - Livescience.com

According to this report by Tech Nation, Cambridge is positioned among one of the eight cities in the UK with a higher digital density than the average The city is home to some of the fastest-growing tech companies in the UK such as Darktrace, GeoSpock and more has been estimated to have a turnover of 2.4 billion.

When detailing investments, Oxford, Bristol, Cambridge and Edinburgh are top for tech investments outside of London. At the same time, in 2020, VC investment in deep tech increased by 17% rising to nearly $4 billion. This investment trend in the deep tech companies builds on the UKs rich history in R&D and strong deeptech ecosystem with established companies ARM and Graphcore driving global success.

Notably, one of the popular Cambridge-based companies Five (formerly known as Five AI) received the biggest impact funding of $40 million in 2020 amidst the pandemic crisis. So, which are the other deep tech companies in Cambridge that are making a buzz and got some fundings lately. Today at UKTN, we take a brief look into these stars shining high.

Founder/s: Steve Brierley

Founded year: 2017

Funding: NA

Riverlane builds ground-breaking software to unleash the power of quantum computers. Backed by leading venture-capital funds and the University of Cambridge, the company develops software that transforms quantum computers into commercial products. Riverlane works with chemical, pharmaceutical and materials industries to improve algorithms.

Earlier this year, Riverlane raised $20 million (nearly 14.2 million) in Series A funding round led by European technology venture capital fund Draper Esprit along with existing investors, Cambridge Innovation Capital, Amadeus Capital Partners, and the University of Cambridge.

The company will use the investment to build Deltaflow, its operating system for quantum computers. Also, it will focus on expanding internationally to the US, Europe and beyond. The funding will accelerate Riverlanes mission to build a high-performance operating system that makes quantum computers useful.

Founder/s: Ramsey Faragher

Founded year: 2015

Funding: M 12.5

Focal Point Positioning has revolutionised navigation and positioning software for smartphones, wearables and autonomous vehicles through the development of two core products: S-GNSS and D-Tail. S-GNSS improves the sensitivity and accuracy of GPS receivers, making it far easier to track people indoors and in remote environments. D-Tail taps into sensors within a smartphone or wearable device to more accurately track users in three-dimensions, producing data that can be trusted more than ever before.

In March, Focal Point Positioning secured 6 millionSeries B funding from Draper Esprit. The company will use the investment to accelerate deployment of next-generation positioning technology into chipsets and devices across mobile, wearables, vehicles and IoT.

Founder/s: Humayun Sheikh, Thomas Hain, Toby Simpson

Founded year: 2017

Funding: M 19.6

Fetch.AI is a blockchain-based application development platform. It provides open access, tokenised, decentralised machine learning network to deliver a self-organising framework for transactions. Its system consists of autonomous economic agents that are digital entities that can transact independently of human intervention and can represent people, machines or themselves. It allows users to buy and sell digital assets autonomously with contracts, payments, and execution handled automatically.

Earlier this year, Fetch.AI bagged 5 million investment from GDA Group and affiliates. In conjunction with the newest injection of funds, FET, Fetch.ais native token, will be added to Fireblocks secure wallet and infrastructure platform for institutional investments.

Founder/s: Chiraz Ennaceur, Mehrdad Silatani, Prafull Sharma

Founded year: 2017

Funding: M 7.3

CorrosionRADAR, which is based in Cambridge is a predictive corrosion monitoring tech company that energises the global push on industrial digitalisation. By using cutting-edge technologies from its patent pending distributed sensing technology to Industrial Internet of Things (IIOT) and advanced analytics, the company creates a game-changing solution for tackling corrosion management.

The UK startup bagged 2.9M in a funding round led by Saudi Aramco Energy Ventures (SAEV) in February this year. The investment will be used to drive the next phase of the global growth of CorrosionRadar. Furthermore, the company will strengthen its operations and widen its efforts to address Corrosion Under Insulation (CUI) and other operational challenges with the help of digitalisation.

Founder/s: Simon Hombersley

Founded year: 2018

Funding: M 10.2

Xampla creates plant protein material for commercial use. Its next-generation material performs like synthetic polymers, but decomposes naturally and fully without harming the environment. The company wants to replace single-use plastics used on an everyday basis.

In January this year, the next-generation plastic replacement company secured 6.2M seed funding led by Horizon Ventures, a private investment arm of Mr Li Ka-shring along with participation from Amadeus Capital Partners. Xampla will use the investment to accelerate the rollout of its natural plant-protein alternative to plastic.

Founder/s: Jamil Shah Foridi, Serena Patel

Founded year: 2020

Funding: NA

JSF Healthcare provides a communication solution for healthcare professionals. The company has developed a mobile and web application called ReBleep, which allows users to communicate with team members, share medical documents, manage tasks, and more. The platform offers features for messaging, tracking directories, integrating users EHR systems, and tools to transfer files.

It also designed NovaBleep, which is a secure software replacement to pagers for use in healthcare, incorporating technology to not only decrease the time needed for communication. It also enables easier task prioritisation and reduces burnout of healthcare staff.

Founder/s: Tim Guilliams, David Brown

Founded year: 2014

Funding: 61.8m

Healx is an AI-powered and patient-inspired technology company, accelerating the discovery and development of rare disease treatments. Its AI drug discovery platform leverages public and proprietary biomedical data and features the worlds leading knowledge graph for rare diseases. Healx works with the mission to advance 100 rare disease treatments towards the clinic by 2025.

In 2019, Healx $56 million (nearly million) Series B funding in a round led by one of the largest VC firms in Europe Atomico. The other investors such as Intel Capital, btov Partners, and Global Brain and existing investors, including Balderton Capital, Amadeus Capital Partners, and Jonathan Milner also participated in the round.

Founder/s: Dr Sabine Bahn, Dan Cowell

Founded year: 2015

Funding: 2.8M

Psyomics is an innovative healthtech company, with a diagnostic platform called Censeo that draws on the psychiatric process. which seeks to transform the way mental health concerns are identified and defined, paving the way for earlier diagnosis and improved outcomes. A spinout from the University of Cambridge, Psyomics has developed unique technology to radically improve the way mental health conditions are assessed and triaged.

Back in October 2020, Psyomics bagged 1.5 million led by University spinout specialists Parkwalk along with fellow existing investors Jonathan Milner, Martlet, and Cambridge Enterprise. The funds will be used to bring its mental health assessment and diagnosis platform, Censeo, to market in the UK.

Founder/s: Tony Robinson

Founded year: 2009

Funding: 11.8m

Speechmatics provides automatic speech recognition technologies. Speech recognition is one of the hardest challenges to solve due to the complexity of human speech, resulting in large memory footprints. Using neural networks with the latest developments from academia and industry, Speechmatics has developed cloud-based and real-time speech-recognition technology in many languages. The technology can be used anywhere, by anyone, in any language.

Back in 2019, Speechmatics secured 6.35 million Series A funding led by AlbionVC; IQ Capital alongside several angel investors. The funding was announced to be used to support Speechmatics global growth ambitions.it will be used to enable product development and geographical expansion, with new offices globally.

CEO: Carmen Palacios-Berraquero

Founded year: 2018

Funding: 3.3M

Nu Quantum is a Cambridge University spinout. Quantum computing is set to make most encryption algorithms obsolete. Nu Quantum is producing single photon emitters and receivers that can operate outside of laboratory conditions. This will help raise cybersecurity into the quantum age.

Last year, Nu Quantum, a Cambridge, raised 2.1 million in seed funding from existing investors Amadeus Capital Partners, Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital and new investor Seraphim Capital. The company intends to use the funds to build its photonics lab in Cambridge and recruit scientists, product team members, and business functions.

Founder/s: Kent J. Griffith, Sai Shivareddy

Founded year: 2020

Funding: 9.1M

Nyobolt has developed a proprietary process using niobium-based anode materials to create batteries that deliver record high power, ultrafast charge and high energy. The world-leading charge and discharge rate capability of Nyobolt batteries, extensively recorded in academic journals, presents a huge opportunity to supercharge the electric revolution. The batteries also address other major challenges facing much existing technology, as they operate within a wide temperature range and are highly durable.

Earlier this year, Nyobolt pocketed $10 million (nearly million) in Series A funding. The round was led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors. The funds will be used to expand globally, building new facilities, and growing the engineering and operational teams.

Founder/s: Mike Hulse

Founded year: 2017

Funding: 4.61M

Agile Analog is a company with a mission to transform the landscape of the Analog IP market space. Analog chip design is slow, complex and manual. Agile Analog is changing the way analog chip circuits are designed. Agile Analog allows customers to customise the chip for their specific needs, whether the Internet of Things, Security, Automotive, Artificial Intelligence, or other segments within the vast semiconductor space.

Back in 2019, Agile Analog grabbed $5.1 million (nearly million) in a pre-Series A funding round led by Delin Ventures, firstminute Capital and MMC Ventures. The company will use the funding to expand the existing engineering team in Cambridge and deliver analog IP products to a wide range of waiting customers.

Founder/s: Giorgia Longobardi, Florin Udrea

Funding: 10m

Founded: 2016

CGD has been created to explore and develop a number of unique opportunities in power electronics made possible by the teams proprietary application of Gallium Nitride to the silicon-based semiconductor transistor manufacturing process.

With silicon transistors widely acknowledged as having attained maximum efficiency, CGDs power design engineers have developed a range of Gallium Nitride transistors that are over 100 times faster, lose five to ten times less power and are four times smaller than existing silicon equivalents, and provide ease of use against alternative Gallium Nitride transistors. The possibilities and range of potential applications for these transistors reside in the energy-efficiency and power density applications, supporting energy savings and making the world a greener and better place.

In February, Cambridge GaN Devices (CGD), secured a $9.5 million (nearly 6.8 million) funding in a Series A round. The funding round was co-led by IQ Capital, Parkwalk Advisors, and BGF. It also included investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels, and Cambridge Capital Group. The funds will be used to double staff and expand its GaN product portfolio following decades of research in power devices.

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The most promising deep tech startups of Cambridge in 2021 - UKTN (UK Technology News