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Earth VC joins quantum AI startup’s $139m seed, series A

Earth Venture Capital – a Vietnam-based climate tech VC firm – said it backed quantum AI startup Sygaldry Technologies in both its US$34 million seed round and US$105 million series A, bringing the startup’s total funding to US$139 million.

Sygaldry – with offices in Ann Arbor and San Francisco in the United States – is building servers that integrate quantum components with existing GPU infrastructure for AI training and inference.

Earth VC said it was the only Asia-based investor in the financing alongside Y Combinator and Initialized Capital.

🔗 Source: Earth Venture Capital

🧠 Food for thought

Implications, context, and why it matters.

Sygaldry’s strategy targets AI’s energy problem with a hybrid hardware design

  • Sygaldry was co-founded by Chad Rigetti, who founded Rigetti Computing and took it public in an initial public offering (IPO) 1.
  • The company says its hybrid architecture mixes multiple types of qubits, the basic units of quantum computing, inside a fault-tolerant system that aims to stay accurate when parts fail 1.
  • The design borrows from classical computers where processor logic, memory, and storage rely on different technologies that work together 2.
  • Sygaldry is building hardware tuned for AI workloads such as training and inference, rather than a general-purpose quantum machine 1.

AI’s immense power demand is redefining climate tech investing

  • The investment treats AI electricity use as a constraint that can steer deep-tech funding 3.
  • In Malaysia, AI power demand is projected to rise 700% by 2030 and could reach 30% of national electricity use 3.
  • Earth Venture Capital has called for more clean, firm power supply, reliable low-carbon electricity that can run continuously, plus efficiency gains in computing infrastructure, including small modular reactors, which are compact nuclear reactors 3.
  • This view ties energy infrastructure to computing efficiency as linked markets 3.

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