Qunnect Raises $8M in Series A Funding, Led by Airbus Ventures
BROOKLYN, N.Y., Oct. 5, 2022 /PRNewswire/ -- Qunnect, the leader in quantum internet technologies, today announces its Series A financing of over $8M, led by Airbus Ventures, with additional participation from Quantonation, SandboxAQ, NY Ventures, Impact Science Ventures, and Motus Ventures. Spearheaded by CEO Dr. Noel Goddard and founders Dr. Mehdi Namazi and Mael Flament, Qunnect is developing quantum-secure networking technology designed for scalable deployment on existing telecom fiber infrastructure. These new funds will be used to further develop their product suite, scale manufacturing, and launch a multi-node R&D quantum network testbed to demonstrate entanglement distribution protocols. This network, connected to existing fiber optic cable in New York City, will be the first of its kind in the US.