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Silicon Quantum Computing secures an additional $40 million from the National Reconstruction Fund to enhance quantum chip manufacturing capabilities.
PRIVATEJun 11, 2026•4 days ago
Amount Raised
$40 Million
SydneyManufacturing
Investors
Nsw GovernmentUnswTelstraCbaNational Reconstruction Fund
Description
The National Reconstruction Fund has invested another $40 million into Silicon Quantum Computing, building on an initial investment of $20 million. This funding is aimed at the development and expansion of quantum chip manufacturing. SQC is the only company globally capable of manufacturing quantum chips with atomic precision. The latest round follows a $50 million Series A round raised in 2023.
Company Information
Company
Silicon Quantum Computing
Location
Sydney, New South Wales, Australia
About
Silicon Quantum Computing Pty Limited (SQC) is pioneering efforts to develop a commercial-scale quantum computer. The company focuses on high-quality qubits formed from phosphorus atoms embedded in silicon, prioritizing atomic precision in its manufacturing process. SQC's advancements in quantum technology aim to overcome the challenges of high error rates in quantum computing. This innovative approach positions SQC as a leader in delivering reliable and efficient quantum computing solutions.
SydneyManufacturing