"Quantum computing is expected to solve complex computational problems that current, classical computers cannot do, and we want to make it accessible for real use cases," Kauppinen, CEO and cofounder at QMill, told Business Insider. "We will target companies, and we have ideas that we think can deliver advantages in the near term using the available hardware."
"This seed funding will be used to develop energy-efficient algorithms to deliver a quantum advantage," said Kauppinen, who worked at Nokia for nearly 27 years. "We plan to build a 30-person strong team of physicians, mathematicians, computer scientists to establish our business model and negotiate proof of concept with companies."
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