Qolab, a leader in superconducting quantum computing, announced today that it secured over $16.0 million to date in its Series A financing round, led by Octave Ventures with co-investment from the Development Bank of Japan Inc. (DBJ), Wisconsin Alumni Research Foundation (WARF), and Phoenix Venture Partners. This investment represents a significant step in Qolab's mission to develop utility-scale quantum computing technology by advancing scalability in quantum systems.