Quantum Circuits, a spinoff of Yale University, is at the forefront of providing access to the first practical quantum computer. The company plans to grow significantly over the next several years, increasing both the size of the facilities and the number of highly-skilled employees in New Haven. Applications will include drug design for biotech, materials science, improved processes for industrial chemicals, fintech, logistics, machine learning, and energy. There has never been a more opportune moment for this life-altering technology.
Yale University is the primary source for technology transfer in New Haven. Since 2000, over 60 startups based on Yale IP in the New Haven area have raised over $1.1 billion in venture capital and $11 billion from public markets. In 2019, the Yale Office of Cooperative Research and the Yale Entrepreneurial Institute reported 1,367 cumulative active patents in 60 countries.