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PsiQuantum raises $1 billion in Series E funding to develop fault-tolerant quantum computers, led by BlackRock and including NVIDIA.

PRIVATESep 10, 2025

Amount Raised

$1 Billion

Round Type

Series E

Palo AltoManufacturingHardware

Investors

Qatar Investment AuthorityNVenturesT. Rowe Price Associates, Inc.BlackrockT. Rowe Price AssociatesType One VenturesTemasekBaillie GiffordMacquarie CapitalRibbit CapitalAdage Capital ManagementCounterpoint Global1789 CapitalS VenturesBlackbirdThird Point Ventures

Description

PsiQuantum has secured $1 billion in a Series E funding round aimed at advancing fault-tolerant quantum computers. The funding will support the establishment of utility-scale quantum computing sites in Brisbane and Chicago. Notable investors include BlackRock, Temasek, and Baillie Gifford. This round values PsiQuantum at $7 billion and brings in both new and existing investors.

Quick answer

PsiQuantum raised $1 Billion in a Series E round, dated September 10, 2025. Investors: Qatar Investment Authority, NVentures, T. Rowe Price Associates, Inc., Blackrock, T. Rowe Price Associates, Type One Ventures, Temasek and Baillie Gifford. PsiQuantum is based in Palo Alto, California, United States.

How much did PsiQuantum raise?
PsiQuantum raised $1 Billion in a Series E round on September 10, 2025.
Who invested in PsiQuantum?
Qatar Investment Authority, NVentures, T. Rowe Price Associates, Inc., Blackrock, T. Rowe Price Associates, Type One Ventures, Temasek and Baillie Gifford are named as investors in this round.
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.

  • Accelsius raised an undisclosed amount on October 6, 2025.
  • Commcrete raised $29M (Seed) on September 30, 2025.
  • Verustruct raised $2.4M (Pre-Seed) on September 24, 2025.
  • Groq AI raised $750M (Series E) on September 17, 2025.
  • ReOrbit raised $53M (Series A) on September 10, 2025.
  • Lucid Group raised $300M (Funding Round) on September 4, 2025.

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.

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Company Information

Company

PsiQuantum

Location

700 Hansen Way

Palo Alto, California, United States

About

PsiQuantum was founded by four world leaders in quantum computing in 2016 and is headquartered in Palo Alto, California. The company’s mission is to build and deploy the world’s first useful quantum computers. PsiQuantum’s photonic approach enables it to leverage high-volume semiconductor manufacturing, existing cryogenic infrastructure, and architectural flexibility to rapidly scale its systems.

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Related People

2 contacts
Verified contactsArvin, Head of Quantum Chemistry hidden hiddenSee plans and pricing
Predictive Intelligence
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PsiQuantum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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