PsiQuantum

company

About

PsiQuantum focuses on building a large-scale, general-purpose silicon photonic quantum computer with at least 1 million physical qubits.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$13.50M
Industries
Computer,Hardware,Quantum Computing
Founded date
Jan 1, 2016
Number Of Employee
101 - 250
Operating Status
Active

Powered by breakthroughs in silicon photonics and fault-tolerant quantum architecture, PsiQuantum is building the first utility-scale quantum computer to solve some of the world’s most important challenges. PsiQuantum’s approach is based on photonic qubits, which have significant advantages at the scale required to deliver a fault-tolerant, general-purpose quantum computer. With quantum chips now being manufactured in a world-leading semiconductor fab, PsiQuantum is uniquely positioned to deliver quantum capabilities that will drive advances in climate, healthcare, finance, energy, agriculture, transportation, communications, and beyond.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$163.50M
PsiQuantum has raised a total of $163.50M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2020 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 6, 2020 Series C $150M 1 Detail
Jun 21, 2016 Series A $13.50M 1 Redpoint Detail

Investors

Number of Lead Investors
Number of Investors
1
1
PsiQuantum is funded by 1 investors. Redpoint are the most recent investors.
Investor Name Lead Investor Funding Round
Redpoint Series C