Funding season is about to restart in Europe after the summer lull, and if all goes well, it will be counting new unicorns in dozens - plural. While mega-rounds are less common than they were in 2021, this hasn't prevented 12 European startups from raising rounds at valuations of more than $1 billion during the first half of 2025. As the usual caveat goes, past performance is not indicative of future results, but this bodes well for the rest of the year.
My first encounter with physics came when I was eight years old, inspired by the story of a great scientist who left an unfinished manuscript on his desk. This sparked my fascination with the universe and the fundamental laws governing it, particularly the legacy of Einstein and his elusive theory of everything, which aims to encapsulate the workings of the cosmos in a single equation.
Advancements in qubit scalability and error correction have propelled the industry forward, with companies like IonQ, Rigetti Computing, and D-Wave Quantum leading the charge among pure-play quantum stocks.
IonQ's vision has always been to drive real-world impact in every era and year of quantum computing's growth. Today's announcement of our intention to acquire Oxford Ionics accelerates our mission to full fault-tolerant quantum computers with 2 million physical qubits and 80,000 logical qubits by 2030.