Mesa Quantum raises $11.8M to scale GPS-independent quantum timing
Mesa Quantum, a °Ç¸ç³Ô¹Ï startup developing chip-scale quantum sensing technology, has raised an oversubscribed $11.8 million round led by Playground Global. The funding will help the company move from component-level development to full system integration and scaled production of deployable quantum timing and navigation units.
Mesa Quantum is working to address the global dependence on vulnerable satellite-based GPS signals for time synchronization across data centers, power grids, financial markets and military operations. The round brings the company’s total venture funding to nearly $16 million, and Mesa Quantum is expanding its operations in New Mexico, establishing manufacturing infrastructure at the Center for Integrated Nanotechnologies (CINT) and through its Sandia National Laboratories partnerships.
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The University of Colorado Connection
Mesa Quantum licenses chip-scale atomic clock technology developed in the lab of , associate research professor of mechanical engineering at CU °Ç¸ç³Ô¹Ï. Venture Partners at CU °Ç¸ç³Ô¹Ï connected co-founder and CEO , PhD alum of physics at CU °Ç¸ç³Ô¹Ï, with the technology, and the startup emerged from customer discovery through the National Science Foundation I-Corpsâ„¢ Hub West at CU °Ç¸ç³Ô¹Ï.
Mesa Quantum has since advanced through Venture Partners programming, including a $125,000 award from the Lab Venture Challenge (LVC) and support from the Center for Translational Research (CTR) and the Ascent Deep Tech Accelerator.
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The Newsroom
For marketing and communication inquiries or news tips, contact Daniel Leonard,Ìýsenior marketing and communications specialist for Venture Partners at CU °Ç¸ç³Ô¹Ï.
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