Waterloo EDC Blog

Quantum Benchmark, a Waterloo startup launched in 2017, is getting ready to power the age of discovery about to be unleashed by quantum computers.

The company now employs 14 people and is part of Waterloo’s vibrant and growing cluster of quantum computing companies.

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There was a lot of exciting news in Waterloo over the last month, including multiple major government funding announcements, significant news about Toyota’s manufacturing plans and reporting on a US tech exodus to Canada.

Here are nine great business and investment stories:

Last week, the Canadian federal government announced funding for four Waterloo-based quantum technology businesses and organizations totaling $41 million. Delivered through the Strategic Innovation Fund, this money further strengthens Canada’s position in the world of quantum computing and machine learning and further affirms Waterloo’s nickname “Quantum Valley.”

Is a quantum revolution around the corner? We asked quantum security expert and entrepreneur Michele Mosca.