July 2, 2026

Technology

Santa Barbara quantum computing startup raises $54.2M

Quantum computing will continue to make leaps in Santa Barbara after startup Qolab announced it had raised $54.2 million in Series B financing on July 2. Qolab is a leader in quantum computing hardware and was co-founded by Alan Ho, Robert McDermott, Britton Plourde and John Martinis. Martinis is a professor at UC Santa Barbara who, in 2025, was awarded the Nobel Prize in Physics for his role in laying Read More >

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