Powerhouse Ventures Ltd. (AU:PVL) has released an update.
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Powerhouse Ventures Ltd.’s portfolio company, Quantum Brilliance, has secured a $30 million Series A financing to enhance its quantum computing capabilities. The investment will aid in expanding its Melbourne facility for manufacturing diamond-based chips, with collaborations already set in Europe, the USA, and Japan. This move positions Quantum Brilliance at the forefront of innovative chip design, potentially revolutionizing the deep tech sector and contributing to Australia’s future prosperity.
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