PsiQuantum raised $940M in a grant to build a quantum computer near Brisbane Airport
Amount Raised
$940
Round Type
Pre-Seed
Palo AltoManufacturingHardwareDescription
PsiQuantum, a quantum startup, has secured a $940 million funding mix of equity, grants, and loans. The funding will enable PsiQuantum to set up near Brisbane Airport and build the world’s first utility-scale quantum computer by the end of 2027.
Quick answer
PsiQuantum raised $940 in a Pre-Seed round, dated April 29, 2024. PsiQuantum is based in Palo Alto, California, United States.
- How much did PsiQuantum raise?
- PsiQuantum raised $940 in a Pre-Seed round on April 29, 2024.
- What does PsiQuantum do?
- PsiQuantum was founded by four world leaders in quantum computing in 2016 and is headquartered in Palo Alto, California.
- Where is PsiQuantum based and how big is it?
- PsiQuantum is based in Palo Alto, California, United States. Fundz records about 550 employees.
- Who are the decision-makers at PsiQuantum?
- Fundz holds 2 contacts at PsiQuantum, including the Head of Quantum Chemistry. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Manufacturing around the same time
Companies in the same sectors as PsiQuantum that raised within 45 days of this round, from Fundz verified event records.
- Chromatic 3D Materials raised $300K (Seed) on April 19, 2024.
- INGANTEC raised $2M (Seed) on April 18, 2024.
- Agility Robotics raised $150M (Series B) on April 4, 2024.
- Actnano raised $40M (Funding Round) on April 2, 2024.
- Actnano raised $32M on March 28, 2024.
- SambaNova raised $676M (Series D) on March 28, 2024.
Who to call at PsiQuantum, and when
A new round usually means PsiQuantum is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PsiQuantum raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PsiQuantum, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at PsiQuantum. With Fundz connected, it knows.
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Fundz sees it the moment PsiQuantum raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
PsiQuantum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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