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AAP
AAP
Business
Marion Rae

UNCOVERED: Aussie brilliance attracts backers in race for quantum - The Untold Story

Quantum Brilliance founders Andrew Horsley, Marcus Doherty and Mark Luo are leaders in the field. (HANDOUT/HKA MARCOM)

Sovereign investors and venture capital funds are backing an Australia developer of quantum devices that can hone car navigation, pinpoint exploration and spur artificial intelligence-driven factories.

Quantum Brilliance has announced a successful capital raise of US$20 million to fast-track miniaturised devices that can operate at room temperature instead of requiring extreme cooling to function.

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