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.
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 |