Q-CTRL (Series B)

Funding Details
Awarder
SemiNews
Date Award
January 01, 2024
Vertical
Quantum Technology
Funding URL
View Funding Page
Premoney Valuation
$54,000,000
Valuation
$166,000,000

Company Info
Founding Year
2017
Traction
The company has established commercial engagements with major defense primes and Fortune 500 clients, indicating strong demand for its technology and significant growth potential.
Organizations Involved
Australian Department of Defence, UK Navy, Softbank, Mitsubishi Chemical
Founders
Michael J. Biercuk
Company Description
Q-CTRL is offering Advanced, intuitive and scalable quantum control engineering solutions.
Market
Defense and Aerospace
Location
Sydney, NSW, Australia
Coinvestors
GP Bullhound, Alpha Edison, Lockheed Martin Ventures, NTT Finance, Salus Group, TISI, Alumni Ventures, DCVC, John Eales, ICM Allectus, Main Sequence Ventures, Morpheus Ventures, Salesforce Ventures

Links
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