Osaka University Venture Capital has invested 100 million yen in LQUOM to develop quantum communication relay technologies essential for establishing secure quantum internet infrastructure.
Information on the Target
LQUOM Co., Ltd., headquartered in Yokohama, Kanagawa, is a venture company established in January 2020, focused on the development of quantum communication systems and relay devices necessary for realizing a quantum internet. The fundamental technology for quantum relaying was invented by Professor Tomoyuki Horikiri from the Graduate School of Engineering at Yokohama National University. LQUOM aims to commercialize a quantum communication relay that will facilitate the creation of a next-generation network known for its absolute security.
Quantum computers, which are currently being developed globally, leverage principles of quantum mechanics such as "quantum entanglement" and "superposition" to achieve unprecedented computational power. This technology holds the potential for revolutionary advancements across various sectors, such as materials science, drug discovery, finance, and infrastructure development. However, the misuse of quantum computing capabilities could facilitate cyberattacks, posing threats such as unauthorized access to sensitive cryptographic information. The quantum internet represents a robust solution, offering secure communication methods that can detect any eavesdropping attempts and prevent unauthorized actions, thus countering the risks associated with quantum computing.
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Industry Overview in Japan
Japan is at the forefront of research and innovation in quantum technologies, leveraging its advanced educational institutions and industries. The government has made significant investments in quantum technology initiatives, aiming to position the country as
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Osaka University Venture Capital Co., Ltd. (OUVC)
invested in
LQUOM Co., Ltd.
in 2023
in a Series B deal
Disclosed details
Transaction Size: $1M