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Rigetti Computing secures $100 million from the U.S. Government to accelerate R&D for superconducting quantum computing.

PUBLIC · RGTISep 08, 2026•about 3 hours ago

Amount Raised

$100 Million

Round Type

Grant

BerkeleyInformation Technologyinformation technology & services

Description

Rigetti Computing, Inc. has signed a definitive agreement with the U.S. Department of Commerce for $100 million in funding to enhance its superconducting quantum computing R&D. This effort aims to address major technical bottlenecks in the field and accelerate Rigetti's roadmap towards utility-scale quantum computing

Company Information

Company

Rigetti Computing

Location

775 Heinz Avenue

Berkeley, California, United States

About

Rigetti Computing, Inc. is a quantum computing company founded in 2013 by physicist Chad Rigetti. Headquartered in Berkeley, California, with an additional facility in Fremont, the company specializes in designing and fabricating superconducting quantum processors. Rigetti offers quantum processing units (QPUs) and quantum computing systems primarily through its cloud platform, providing quantum computing as a service (QCaaS). Their product lineup includes the 9-qubit Novera QPU and the 84-qubit Ankaa-3 system, both accessible via the Forest cloud platform. This platform allows developers to write and test quantum algorithms using the Quil instruction language, supporting hybrid quantum-classical computing. Rigetti also operates an in-house fabrication facility, Fab-1, which enhances their hardware development capabilities. In addition to their products, Rigetti provides professional services such as algorithm development and software support for various sectors, including commercial enterprises and government organizations. Their strategic partnerships with major cloud providers like AWS Braket and Microsoft Azure further expand access to their quantum processors.

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