PsiQuantum

Building the world’s first useful quantum computer.

General Information
Company Name
PsiQuantum
Founded Year
2015
Location (Offices)
Palo Alto, United States +1
Founders / Decision Makers
Number of Employees
380
Industries
Hardware, IT, Quantum +1
Funding Stage
Series Unknown
Social Media

PsiQuantum - Company Profile

PsiQuantum is a cutting-edge startup with a mission to build the world’s first useful quantum computer. Recognizing the transformative impact of quantum computing on various sectors such as medicine, energy, and finance, the company is dedicated to leveraging this revolutionary technology to tackle real-world challenges.

Founded in 2015 and headquartered in the United States, PsiQuantum has made significant strides in quantum computing development. With a firm belief in the potential of photonics as the key to achieving a useful quantum computer, the company's interdisciplinary team comprises experts in quantum physics, semiconductors, systems and software engineering, and system architecture.

Central to PsiQuantum's focus is error correction, positioning this fundamental aspect at the core of their endeavors. Their approach emphasizes solving practical problems, illustrating the company's commitment to creating tangible and impactful solutions.

The startup recently secured a remarkable $940.00M Venture Round investment on 29 April 2024, attracting support from notable investors such as the Australian Government and the Queensland Government. This substantial investment underscores the confidence placed in PsiQuantum's vision and technological advancements.

For exceptional talents passionate about contributing to one of the most defining technologies of our time, PsiQuantum extends an invitation to join their team, reflecting their ongoing pursuit of excellence and innovation.

Taxonomy: Quantum Computing, Photonics, Semiconductor Technology, Error Correction, General-Purpose Quantum Computer, Technology Innovation, Quantum Physics, Utility-Scale Quantum Computer, Quantum Algorithms, Climate Solutions, Healthcare Advancements, Finance Applications, Energy Innovations, Agriculture Solutions, Communications Technology

Funding Rounds & Investors of PsiQuantum (6)

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Funding Stage Amount No. Investors Investors Date
Venture Round $940.00M 2 Queensland Government 29 Apr 2024
Series D $450.00M 6 M12 - Microsoft's Venture Fund 27 Jul 2021
Series C Unknown 3 TEL Venture Capital, Stanton Green +1 11 May 2021
Series C $150.00M 10 Redpoint, M12 - Microsoft's Venture Fund 06 Apr 2020
Series B $50.00M 1 05 Sep 2017

View All 6 Funding Rounds

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