Singapore-based software startup Horizon Quantum Computing raises $18.1 million

Singapore-based software startup Horizon Quantum Computing said it raised $18.1 million to expand its engineering team and speed up product development.

The company, founded in 2018, created a programming language called Helium for quantum computers, designed to make it easier to tackle complex problems.

Today to use quantum computers developers either have to program in terms of elementary operations, or instead rely on pre-written programs from other software makers, said Horizon Chief Executive Joe Fitzsimons.