Qolab has filed a notice of an exempt offering of securities to raise $50,096,469.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Qolab is raising up to $50,096,469.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Qolab
Qolab is a quantum hardware company focused on building industrial-grade superconducting quantum processing units (QPUs) for useful computation. The company says it is led by leaders behind major milestones in superconducting quantum computing and is working to turn quantum hardware into a practical, repeatable manufacturing platform. Qolab emphasizes reproducible qubit fabrication and hardware integration at manufacturing standards, positioning its approach as a shift toward an integrated-circuit moment for superconducting quantum systems. Its product offering includes Qolab Start, a turn-key superconducting QPU platform for hardware research, device characterization, and pulse-level experimentation, available on-premise or through cloud access. The page also states that Qolab is building the manufacturing and systems foundation needed to scale from laboratory devices to utility-scale systems.
To learn more, visit https://www.qolab.ai/
LinkedIn: https://www.linkedin.com/company/qolabai
Contact:
Alan Ho, Chief Executive Officer
SOURCE: http://www.intelligence360.io
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