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The Beat: Biotech leads Chicago venture capital rebound

The Beat: Biotech leads Chicago venture capital rebound

In this edition of The Beat, check out how Chicago startups fared when it came to fundraising in Q2.
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The Beat: Chicago's quantum scene strikes multiple deals
The Beat: Chicago's quantum scene strikes multiple deals

Business Journals

time4 days ago

  • Business Journals

The Beat: Chicago's quantum scene strikes multiple deals

Welcome to Chicago Inno's The Beat, a twice-weekly look at the people, companies and ideas that are shaping Chicago's innovation economy. The Big One As local lawmakers and industry leaders continue to pursue their vision for making Illinois a global capital for quantum computing, more corporate partners and tech giants want to get involved. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events IBM is the latest notable tech firm to affirm its commitment to the local quantum scene. Startups going through Duality, the nation's first quantum startup accelerator, will now get access to IBM's quantum network along with additional support and resources from the tech giant. READ MORE: IBM expands support for Chicago's quantum startups More Chicago Inno news to know The University of Chicago is partnering with Alchemist Accelerator — an institution out of California's Bay Area that's raised $4B and supported more than 650 companies — to help bring more local scientific breakthroughs from lab to market. is partnering with — an institution out of California's Bay Area that's raised $4B and supported more than 650 companies — to help bring more local scientific breakthroughs from lab to market. The Department of Labor is expanding the number of small businesses that could see big cuts in their Occupational Health and Safety Administration fines. is expanding the number of small businesses that could see big cuts in their Occupational Health and Safety Administration fines. Bonsai announced an investment of $1.8M to accelerate go-to-market efforts for its marketing intelligence platform. Infleqtion to build advanced quantum computer in Chicago A new public-private partnership will make Illinois home to one of the most advanced quantum platforms in the world, the state announced Wednesday. As part of an expected $50M investment over the next four years, quantum startup Infleqtion plans to build the first utility-scale neutral atom quantum computer at the Illinois Quantum and Microelectronics Park on Chicago's South Side. Infleqtion will work in partnership with the quantum park and the National Quantum Algorithms Center. READ MORE: Infleqtion to build advanced quantum computer in Chicago as part of $50M investment Sign up for Inno's free twice-weekly newsletter to receive the latest innovation news impacting Chicago

Just a matter of political optics
Just a matter of political optics

The Star

time5 days ago

  • The Star

Just a matter of political optics

THERE are plenty of grievances against Prime Minister Datuk Seri Anwar Ibrahim and his opponents have probably thought that the timing is right to step up the pressure on him to step down. The march tomorrow to demand his resignation appears to be initiated by PAS and the other Malay-based political parties. Follow us on our official WhatsApp channel for breaking news alerts and key updates! Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 35 years in various capacities and roles. He is now group editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer. On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.

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