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PsiQuantum
United States · Hardware
PsiQuantum develops photonic quantum computing systems designed for fault-tolerant, utility-scale operation.
Product
PsiQuantum develops quantum computers using a photonic approach, with light-based qubits and chips made through semiconductor manufacturing. Its Omega silicon photonic chipset underpins a modular architecture designed to scale toward fault-tolerant computation.
The company is developing utility-scale systems for demanding scientific and industrial calculations, including potential applications in energy, materials, pharmaceuticals and finance. Its first large-scale sites are planned in the City of Moreton Bay in Queensland, Australia, and Chicago in the United States.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series E | $1B | Baillie Gifford — LeadBlackRock — LeadTemasek — Lead1789 Capital — ParticipantAdage Capital Management — ParticipantBlackbird — ParticipantCounterpoint Global — ParticipantNVentures — ParticipantQatar Investment Authority — ParticipantRibbit Capital — ParticipantS Ventures (SentinelOne) — ParticipantThird Point Ventures — ParticipantT. Rowe Price Associates Inc. — ParticipantType One Ventures — Participant |