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Qolab Secures $54.2 Million In Series B Financing Led By Uc Investments To Advance Its Superconducting Quantum Computing Platform And Roadmap. announced it raised $54.2 Million in an initial filing from an offering of $50.1 Million

PRIVATEJul 02, 2026about 1 month ago

Amount Raised

$54.2 Million

Round Type

Series B

Los AngelesInformation Technology

Investors

Phoenix Venture PartnersOctave VenturesWarfUc Investments

Description

Qolab announced $54.2 million in Series B financing to advance its superconducting quantum computing platform. The funding, led by UC Investments, will support semiconductor collaborations and technology development. Existing investors including WARF, Octave Ventures, and Phoenix Venture Partners also participated. The announcement coincided with the 75th Lindau Nobel Laureate Meeting.

Company Information

Company

Qolab

Location

9854 National Blvd # 1436

Los Angeles, California, United States

About

Qolab, Inc. is a pioneering quantum computing company dedicated to developing utility-scale superconducting quantum computers. By leveraging cutting-edge semiconductor fabrication tools and processes, proprietary qubit designs, and innovative scaling techniques, Qolab aims to push the boundaries of quantum technology and deliver reliable, high-performance systems. Qolab combines a physics-driven approach with a focus on qubit quality and practical hardware solutions. Close collaborations with semiconductor industry leaders and academic institutions are central to the Qolab mission.

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Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
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Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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