FedML raises $11.5M

Sunnyvale, Calif,-based FedML has closed $11.5 million in seed funding. The round includes $4.3 million in a first tranche in March, plus $7.2 million in a second tranche that closed earlier this month.

The seed round was led by Camford Capital, along with additional investors Road Capital, Finality Capital Partners, PrimeSet, AimTop Ventures, Sparkle Ventures, Robot Ventures, Wisemont Capital, LDV Partners, Modular Capital and University of Southern California (USC).

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Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.