Quantum sensing startup Q-CTRL raises another $27.4M

Two quantum-adjacent technologies — quantum sensing (QS) and quantum communication (Qcomm) — are as important as quantum computing hardware itself since they help make quantum computers function more accurately.  A Sydney-based startup called Q-CTRL has built quantum-sensing software that helps reduce errors on quantum computers. Today, the company announced that it has raised another $27.4 … Read more

Board changes could signal Salesforce’s willingness to appease activist investors

A week ago activist investor Elliott Management announced it had made a multibillion-dollar investment in Salesforce. By Friday, the company announced it was bringing in three new board members, and The Wall Street Journal was reporting that Elliott planned to nominate its own slate of directors. According to people familiar with the situation, that Wall … Read more

Raylo raises $136M to build out its gadget lease-and-reuse ‘fintech’ platform

With the economy teetering on recession, and sales of mobile phones and other consumer electronics slowing right down globally, a U.K. startup called Raylo that’s leaning into both of those themes has picked up £110 million ($136 million) to grow its business, offering consumers access to new gadgets by way of short-term leases. The London-based … Read more