Qunnect

company

About

Qunnect is a spin-off venture company enabling the quantum internet for quantum repeater operation.

  • 11 - 50

Details

Last Funding Type
Grant
Last Funding Money Raised
$1.85M
Industries
Cyber Security,Information Technology,Quantum Computing,Telecommunications
Founded date
Nov 1, 2017
Number Of Employee
11 - 50
Operating Status
Active

Qunnect is a spin-off venture from the Quantum Information Technology group at Stony Brook university that focusses on engineering novel quantum devices enabling future information networks and quantum computing using photons to communicate and atoms to store and process quantum information. In particular, Qunnect focuses on engineering novel quantum memories and quantum sources that will enable future information networks and quantum computing.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$3.60M
Qunnect has raised a total of $3.60M in funding over 2 rounds. Their latest funding was raised on May 23, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 23, 2022 Grant $1.85M 1 US Department of Energy Detail
Aug 20, 2020 Grant $255.55K 1 National Science Foundation Detail
Apr 14, 2020 Grant $1.50M 1 US Department of Energy Detail

Investors

Number of Lead Investors
Number of Investors
3
2
Qunnect is funded by 2 investors. US Department of Energy and National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Yes Grant
National Science Foundation Yes Grant