Quantum computer manufacturing specialist SDT, announced that it has successfully raised KRW 20 billion (USD 14 million) in a pre-IPO funding round. This achievement marks a significant milestone as the company accelerates its plans to become Korea’s first publicly listed quantum technology firm by the second half of 2025.
The investment round was spearheaded by Shinhan Venture Investment, which contributed KRW 10 billion (USD 7 million). Additional support came from DS Asset Management, IBK Investment & Securities, Spacetime Investment, Mulim, and BYB Investment, collectively providing the remaining KRW 10 billion (USD 7 million). This follows previous Series A and B funding rounds, where SDT secured KRW 27 billion (USD 19 million) from prominent investors, including GS, KB Investment, AG Investment, and K2 Investment.
A Trailblazer in Korea’s Quantum Computing Industry
SDT has emerged as Korea’s sole quantum computer manufacturing company, achieving commercialization of critical quantum control equipment. These tools are essential for managing quantum phenomena such as entanglement and superposition, and SDT boasts compatibility across diverse quantum platforms, including superconductors, neutral atoms, ion traps, silicon spins, and diamond NV centers.
The company’s robust intellectual property portfolio and extensive global partnerships further underscore its leadership in the quantum ecosystem. Recent collaborations include a joint venture with Anyon Technologies to develop superconducting quantum computers and a partnership with Finland-based SemiQon, a specialist in silicon-based quantum processor (QPU) development. These alliances enhance SDT’s capabilities in quantum computing production and bolster its competitive edge on the global stage.
The newly acquired funds will be directed toward accelerating quantum technology applications in industries such as defense, AI, pharmaceuticals, and chemistry. Notably, SDT aims to construct Korea’s first commercial quantum computing data center, which will support both manufacturing and cloud services.
Additionally, the company plans to advance the commercialization of quantum solutions, including cameras powered by Quantum Random Number Generation (QRNG) and quantum dot technologies. These innovations promise to mitigate security threats at their source and provide robust support for military operations.
Investor Confidence and Future Outlook
Highlighting the significance of this funding round, BYB Investment CEO Cho Beom-jun stated, “We highly valued SDT’s unrivaled technological prowess and its potential to expand partnerships within the global quantum ecosystem. As Korea’s only quantum computer production company, we foresee its growth extending beyond Korea to establish itself as a global quantum leader.”
Echoing this sentiment, SDT CEO Jiwon Yoon expressed gratitude for the market’s confidence in the company’s vision. “The successful completion of this pre-IPO funding reaffirms trust in SDT’s technological excellence and growth potential,” said Yoon. “We are now poised to take a significant leap forward as Korea’s first publicly listed quantum technology firm, and we remain dedicated to leading the field of quantum computing.”
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