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PsiQuantum

AI Adjacent
AI Classification
Enables AI ecosystem but doesn't run models itself.

Quantum computing company receives $620M from Australian government for utility-scale computer.

Total Funding

$1B

Founded

2016

Headquarters

Palo Alto, United States

Industry Vertical

Developer Tools & AI Infrastructure

Technology Segments

Quantum ComputingChip MakingCloud Computing

About

PsiQuantum is pioneering the development of large-scale fault-tolerant quantum computers based on photonic technology. Founded in 2016 by leading quantum scientists and engineers, the company combines breakthroughs in integrated silicon photonics, ultra-high-performance optical switches, and scalable manufacturing processes. PsiQuantum operates research and manufacturing facilities in California, with additional planned sites in Australia and Illinois, collaborating with partners across hardware, algorithms, and ecosystem development.

Funding Rounds

1
DateRoundAmount
2025-09-12Series E$1B

Investors

15
BlackRockTemasekBaillie GiffordMacquarie CapitalRibbit CapitalNVentures (NVIDIA’s venture capital)Adage Capital ManagementQatar Investment Authority (QIA)Type One VenturesCounterpoint Global (Morgan Stanley)1789 CapitalS Ventures (SentinelOne)BlackbirdThird Point VenturesT. Rowe Price Associates

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