[ { "id": "ibm-quantum", "name": "IBM Quantum", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Yorktown Heights, NY", "modalities": [ "superconducting", "silicon" ], "leaders": "Jay Gambetta (Director of Research, IBM Fellow); Jerry Chow (CTO, Quantum-Centric Supercomputing); Arvind Krishna (IBM CEO)", "stage": "Public (IBM)", "summary": "Superconducting systems, Qiskit, and Quantum System Two, with a Starling fault-tolerant roadmap cited around 2029. Acquired HRL Laboratories in August 2026 for a silicon-spin track. Named in reported CHIPS equity awards.", "scale": { "text": "Heron ~156 qubits; Condor 1,121 qubits reported", "status": "reported" }, "website": "https://www.ibm.com/quantum", "sources": [ { "label": "IBM Quantum", "url": "https://www.ibm.com/quantum" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "logo": "/assets/logos/ibm-quantum.png" }, { "id": "google-quantum-ai", "name": "Google Quantum AI", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Santa Barbara / Goleta, CA", "modalities": [ "superconducting" ], "leaders": "Hartmut Neven (Engineering Director / program lead)", "stage": "Alphabet subsidiary", "summary": "Research-first superconducting programme. The Willow processor (December 2024) is cited for a below-threshold error-correction milestone, rather than as a commercial cloud product.", "website": "https://quantumai.google/", "sources": [ { "label": "Google Quantum AI", "url": "https://quantumai.google/" }, { "label": "DARPA QBI page (Google Quantum AI joined Stage A, September 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "logo": "/assets/logos/google-quantum-ai.png" }, { "id": "microsoft-azure-quantum", "name": "Microsoft Azure Quantum", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Redmond, WA", "modalities": [ "topological", "software" ], "leaders": "Krysta Svore (longtime quantum software and architecture leader; brief says confirm the current title)", "stage": "Public (MSFT)", "summary": "Azure Quantum resells IonQ, Quantinuum, Atom Computing, and others. Topological work was consolidated in the US after the Sydney closure in 2024. Majorana 1 was announced in February 2025; the brief says the claim is contested and is not yet a verified logical-qubit demonstration.", "scale": { "text": "Majorana 1 chip (Feb 2025) — not an independently verified logical-qubit demo", "status": "contested" }, "website": "https://quantum.microsoft.com/", "sources": [ { "label": "Microsoft Azure Quantum", "url": "https://quantum.microsoft.com/" }, { "label": "DARPA QBI page (US2QC final phase noted for Microsoft and PsiQuantum)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "logo": "/assets/logos/microsoft-azure-quantum.ico" }, { "id": "amazon-braket", "name": "Amazon Braket / AWS Center for Quantum Computing", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Seattle, WA; Pasadena, CA (Caltech)", "modalities": [ "superconducting", "software" ], "leaders": "Simone Severini (Director, Quantum Computing, AWS — widely cited); Sebastian Hassinger (business development)", "stage": "AWS", "summary": "Braket hosts IonQ, Rigetti, QuEra, IQM, OQC, and others. The internal Ocelot cat-qubit effort (2025) aims to cut error-correction overhead; a roughly 90% reduction is described as claimed.", "scale": { "text": "Ocelot (2025): ~90% QEC-overhead reduction claimed", "status": "company-asserted" }, "website": "https://aws.amazon.com/braket/", "sources": [ { "label": "Amazon Braket / AWS Center for Quantum Computing", "url": "https://aws.amazon.com/braket/" }, { "label": "Amazon Braket quantum computers", "url": "https://aws.amazon.com/braket/quantum-computers/" } ], "logo": "/assets/logos/amazon-braket.ico" }, { "id": "ionq", "name": "IonQ", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "College Park, MD", "modalities": [ "trapped-ion" ], "leaders": "Founders Chris Monroe and Jungsang Kim (2015). CEO and chair Niccolo de Masi. Christopher Ballance, president, quantum computing", "stage": "Public (NYSE: IONQ)", "summary": "Trapped-ion systems (Forte, Tempo) with high two-qubit fidelities claimed. Acquisitions cited include Oxford Ionics (about September 2025), Lightsynq, Capella, and a reported SkyWater/Nexus deal in 2026. Also took a controlling stake in ID Quantique (completed about 30 April 2025).", "website": "https://www.ionq.com/", "sources": [ { "label": "IonQ", "url": "https://www.ionq.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" }, { "label": "IonQ investor relations", "url": "https://investors.ionq.com/" } ], "founded": 2015, "logo": "/assets/logos/ionq.png" }, { "id": "quantinuum", "name": "Quantinuum", "region": "north-america", "alsoRegions": [ "europe", "asia" ], "country": "United States", "countrySlug": "united-states", "city": "Broomfield, CO; Cambridge, UK", "modalities": [ "trapped-ion" ], "leaders": "CEO Rajeeb (Raj) Hazra. Formed in 2021 from Honeywell Quantum Solutions and Cambridge Quantum (Ilyas Khan heritage)", "stage": "Public (Nasdaq: QNT), IPO around June 2026", "summary": "Trapped-ion H-series and Helios, plus TKET. Honeywell was reported as the largest shareholder after the listing (about 48% voting power; about $1.7 billion raised reported). A Singapore R&D and operations centre opened in 2026; Helios onshore deployment was described as later in 2026 and not confirmed live at cutoff. Profiled under the US for the listing, with UK heritage called out in the Europe brief.", "scale": { "text": "Trackers cite ~48 logical qubits (Nov 2025); methodologies differ", "status": "reported" }, "website": "https://www.quantinuum.com/", "sources": [ { "label": "Quantinuum", "url": "https://www.quantinuum.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "founded": 2021, "funding": { "text": "About $1.7 billion raised reported at the listing; Honeywell reported as largest shareholder (about 48% voting power).", "status": "reported" }, "logo": "/assets/logos/quantinuum.png" }, { "id": "rigetti", "name": "Rigetti Computing", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Berkeley, CA", "modalities": [ "superconducting" ], "leaders": "Founder Chad Rigetti (left the CEO role in December 2022). CEO Subodh Kulkarni", "stage": "Public (Nasdaq: RGTI)", "summary": "Modular superconducting chips, Fab-1, Novera on-prem QPUs, and access via Amazon Braket and Rigetti QCS. Named in reported CHIPS equity awards. An inward investor at the UK’s Harwell cluster.", "scale": { "text": "Ankaa-3 ~84 qubits; Cepheus-1 ~108 qubits, general availability April 2026 reported", "status": "reported" }, "website": "https://www.rigetti.com/", "sources": [ { "label": "Rigetti Computing", "url": "https://www.rigetti.com/" }, { "label": "Rigetti SPAC announcement (company IR)", "url": "https://investors.rigetti.com/news-releases/news-release-details/rigetti-computing-global-leader-full-stack-quantum-computing/" } ], "founded": 2013, "funding": { "text": "Company IR at the October 2021 SPAC announcement said Rigetti had raised about $200 million in venture capital. That figure is not a current total.", "status": "company-asserted" }, "logo": "/assets/logos/rigetti.png" }, { "id": "psiquantum", "name": "PsiQuantum", "region": "north-america", "alsoRegions": [ "oceania" ], "country": "United States", "countrySlug": "united-states", "city": "Palo Alto, CA; Moreton Bay, Queensland", "modalities": [ "photonic" ], "leaders": "Co-founders Jeremy O’Brien, Terry Rudolph, Pete Shadbolt, Mark Thompson (2016). Interim CEO Victor Peng (from February 2026); O’Brien executive chairman. Australia operations: Robert Lindwall", "stage": "Private", "summary": "Silicon-photonic bet on utility-scale fault tolerance, with GlobalFoundries in the manufacturing path. A raise of about $1 billion in September 2025 at a reported ~$7 billion valuation. US CHIPS engagement reported. In Australia, Commonwealth and Queensland support of about A$470 million each was announced in April 2024; groundbreaking at Moreton Bay Central was 18 June 2026. The brief says to treat the operational date as late-decade, not the earlier end-2027 marketing.", "scale": { "text": "Million-physical-qubit class ambition; cryoplant delivery targeted 2H 2027", "status": "roadmap" }, "website": "https://www.psiquantum.com/", "sources": [ { "label": "PsiQuantum", "url": "https://www.psiquantum.com/" }, { "label": "DARPA QBI page (US2QC final phase noted for Microsoft and PsiQuantum)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "founded": 2016, "funding": { "text": "About $1 billion raised in September 2025, at a reported ~$7 billion valuation. Australia: Commonwealth and Queensland support of about A$470 million each, announced April 2024.", "status": "reported" }, "logo": "/assets/logos/psiquantum.png" }, { "id": "quera", "name": "QuEra Computing", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Boston, MA", "modalities": [ "neutral-atom" ], "leaders": "Co-founders include Mikhail Lukin, Vladan Vuletić, Markus Greiner, Dirk Englund, Nathan Gemelke, and John Pena. CEO Alex Keesling", "stage": "Private", "summary": "Neutral-atom systems with Harvard/MIT roots. More than $230 million raised, with Google, SoftBank, and NVIDIA Ventures cited. DARPA QBI Stage B. Aquila is on the cloud. A Gemini system is deployed at Japan’s AIST. SoftBank is an investor.", "scale": { "text": "Aquila ~256 qubits; 96 logical qubits with a [[16,6,4]] code (Jan 2026, reported)", "status": "reported" }, "website": "https://www.quera.com/", "sources": [ { "label": "QuEra Computing", "url": "https://www.quera.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "funding": { "text": "More than $230 million raised, with Google, SoftBank, and NVIDIA Ventures cited in the brief.", "status": "reported" }, "founded": 2018, "logo": "/assets/logos/quera.png" }, { "id": "atom-computing", "name": "Atom Computing", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Berkeley, CA", "modalities": [ "neutral-atom" ], "leaders": "Founder and CEO Ben Bloom (2018)", "stage": "Private", "summary": "Neutral-atom platform with a Microsoft co-development path onto Azure. Named in reported CHIPS equity awards.", "scale": { "text": "1,000+ physical qubits announced ~2023; 24 logical qubits, Bacon-Shor demo, Nov 2024", "status": "company-asserted" }, "website": "https://atom-computing.com/", "sources": [ { "label": "Atom Computing", "url": "https://atom-computing.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" }, { "label": "Atom Computing about timeline", "url": "https://atom-computing.com/about/" } ], "founded": 2018, "funding": { "text": "Company timeline: $60 million Series B closed in February 2022 to build second-generation systems. Later rounds were not verified here.", "status": "company-asserted" }, "logo": "/assets/logos/atom-computing.png" }, { "id": "infleqtion", "name": "Infleqtion", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Louisville / Boulder, CO", "modalities": [ "neutral-atom", "sensing" ], "leaders": "Founded 2007 by Dana Anderson. CEO Matt Kinsella", "stage": "Public (NYSE: INFQ), SPAC February 2026", "summary": "Formerly ColdQuanta. Neutral-atom computing (Sqale) plus commercial sensing and clocks. About $550 million gross proceeds reported from the SPAC. Named in reported CHIPS equity awards. Also an inward presence at Harwell in the UK.", "website": "https://infleqtion.com/", "sources": [ { "label": "Infleqtion", "url": "https://infleqtion.com/" }, { "label": "Official about page", "url": "https://infleqtion.com/about/" } ], "founded": 2007, "funding": { "text": "About $550 million gross proceeds reported from the February 2026 SPAC.", "status": "reported" }, "logo": "/assets/logos/infleqtion.png" }, { "id": "seeqc", "name": "SEEQC", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Elmsford, NY", "modalities": [ "superconducting" ], "leaders": "Founders John Levy and Oleg Mukhanov (2018)", "stage": "Private", "summary": "Superconducting chips with single-flux-quantum digital control on chip, aimed at multiplexed control and readout. A Taiwan supply-chain MoU is noted in the Asia brief.", "website": "https://seeqc.com/", "sources": [ { "label": "SEEQC", "url": "https://seeqc.com/" }, { "label": "SEEQC $30 million announcement", "url": "https://seeqc.com/resources/seeqc-raises-30-million-to-advance-quantum-computing-platforms-with-the-world-s-first-full-stack-processor-for-quantum-computers" } ], "founded": 2018, "funding": { "text": "$30 million round announced 15 January 2025, led by NordicNinja and Booz Allen Ventures. Not stated as a lifetime total.", "status": "company-asserted" }, "logo": "/assets/logos/seeqc.png" }, { "id": "qci", "name": "Quantum Circuits Inc.", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "New Haven, CT", "modalities": [ "superconducting" ], "leaders": "Founders include Rob Schoelkopf and colleagues (Yale spinout)", "stage": "Acquired by D-Wave, January 2026", "summary": "Dual-rail cavity qubits. Acquired by D-Wave for about $550 million. The operating profile now sits with D-Wave.", "website": "https://quantumcircuits.com/", "sources": [ { "label": "Quantum Circuits Inc.", "url": "https://quantumcircuits.com/" }, { "label": "Quantum Circuits company page", "url": "https://quantumcircuits.com/company" } ], "funding": { "text": "Acquired by D-Wave in January 2026 for about $550 million.", "status": "reported" }, "founded": 2015, "logo": "/assets/logos/qci.png" }, { "id": "intel-quantum", "name": "Intel Labs Quantum", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Hillsboro, OR / Santa Clara, CA", "modalities": [ "silicon" ], "leaders": "Intel Labs programme. The brief says to confirm the current executive sponsor", "stage": "Public (INTC)", "summary": "Silicon-spin test chips, including Tunnel Falls, with research alongside Argonne and others. Not a commercial full-stack product line as of 2026.", "scale": { "text": "Tunnel Falls 12-qubit test chip", "status": "reported" }, "website": "https://www.intel.com/", "sources": [ { "label": "Intel Labs Quantum", "url": "https://www.intel.com/" }, { "label": "Official about page", "url": "https://www.intel.com/content/www/us/en/company-overview/company-overview.html" } ], "logo": "/assets/logos/intel-quantum.png" }, { "id": "hrl", "name": "HRL Laboratories", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Malibu, CA", "modalities": [ "silicon" ], "leaders": "Was a Boeing/GM majority lab; now inside IBM", "stage": "Acquired by IBM, completed August 2026", "summary": "Silicon-spin and sensing/materials work. The acquisition is IBM’s second track beside superconducting.", "website": "https://www.hrl.com/", "sources": [ { "label": "HRL Laboratories", "url": "https://www.hrl.com/" }, { "label": "HRL Laboratories about page (established 1948; LLC 1997)", "url": "https://www.hrl.com/about" } ], "founded": 1948, "logo": "/assets/logos/hrl.png" }, { "id": "qubt", "name": "Quantum Computing Inc.", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "United States (photonic / TFLN; confirm HQ on filings)", "modalities": [ "photonic" ], "leaders": "CEO Yuping Huang (brief: verify current)", "stage": "Public (Nasdaq: QUBT)", "summary": "Smaller photonic pure-play focused on thin-film lithium niobate. The North America brief says to treat claims carefully.", "website": "https://quantumcomputinginc.com/", "sources": [ { "label": "Quantum Computing Inc.", "url": "https://quantumcomputinginc.com/" }, { "label": "Official about page", "url": "https://quantumcomputinginc.com/company" } ], "logo": "/assets/logos/qubt.svg" }, { "id": "nvidia-cuda-q", "name": "NVIDIA CUDA-Q", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Santa Clara, CA", "modalities": [ "software" ], "leaders": "NVIDIA quantum software organisation (Tim Costa is often cited for CUDA-Q; verify title)", "stage": "Public (NVDA)", "summary": "Open-source hybrid quantum–classical SDK. CUDA-Q Logical, announced September 2026, targets fault-tolerant resource estimation. Integrates with Braket, Classiq, and others.", "website": "https://developer.nvidia.com/cuda-q", "sources": [ { "label": "NVIDIA CUDA-Q", "url": "https://developer.nvidia.com/cuda-q" }, { "label": "CUDA-Q documentation", "url": "https://nvidia.github.io/cuda-quantum/latest/index.html" } ], "logo": "/assets/logos/nvidia-cuda-q.ico" }, { "id": "zapata-quantum", "name": "Zapata Quantum", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Boston, MA", "modalities": [ "software" ], "leaders": "Co-founders include Yudong Cao and Christopher Savoie", "stage": "OTCQB: ZPTA", "summary": "Formerly Zapata Computing / Zapata AI. Hardware-agnostic applications and a 2026 agentic product called Quantum Pilot. Restructured in 2024–26; the brief says it is not the scale of the 2021 SPAC peak.", "website": "https://zapataquantum.com/", "sources": [ { "label": "Zapata Quantum", "url": "https://zapataquantum.com/" }, { "label": "Official about page", "url": "https://zapataquantum.com/about" } ], "logo": "/assets/logos/zapata-quantum.png" }, { "id": "qc-ware", "name": "QC Ware", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Palo Alto / Bay Area", "modalities": [ "software" ], "leaders": "Not stated in the brief", "stage": "Software-first", "summary": "Enterprise algorithms and quantum-inspired chemistry under the Promethium product name.", "website": "https://www.qcware.com/", "sources": [ { "label": "QC Ware", "url": "https://www.qcware.com/" }, { "label": "QC Ware about page", "url": "https://www.qcware.com/about" } ], "logo": "/assets/logos/qc-ware.png" }, { "id": "sandboxaq", "name": "SandboxAQ", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Palo Alto, CA", "modalities": [ "software", "pqc", "sensing" ], "leaders": "Not stated in the brief", "stage": "Alphabet spinout, 2022", "summary": "Quantum and AI software, AQNav sensing, and post-quantum cryptography. Described as well funded.", "website": "https://www.sandboxaq.com/", "sources": [ { "label": "SandboxAQ", "url": "https://www.sandboxaq.com/" }, { "label": "SandboxAQ CHIPS award", "url": "https://www.sandboxaq.com/press/sandboxaq-us-department-of-commerce-500-million-chips-award" } ], "founded": 2022, "funding": { "text": "Definitive agreement announced 17 June 2026 for a $500 million CHIPS R&D award from the U.S. Department of Commerce. The company says Commerce receives a minority, non-voting equity stake. This is an award, not a venture round.", "status": "company-asserted" }, "logo": "/assets/logos/sandboxaq.jpg" }, { "id": "maybell", "name": "Maybell Quantum", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Denver, CO", "modalities": [ "cryogenics" ], "leaders": "Founder and CEO Corban Tillemann-Dick", "stage": "Private", "summary": "Dilution refrigerators and cryogenic infrastructure for quantum labs and vendors.", "website": "https://www.maybellquantum.com/", "sources": [ { "label": "Maybell Quantum", "url": "https://www.maybellquantum.com/" }, { "label": "Maybell Quantum about page", "url": "https://www.maybellquantum.com/about" } ], "founded": 2021, "funding": { "text": "$25 million Series A announced 4 March 2024, led by Cerberus, as stated on the company about page.", "status": "company-asserted" }, "logo": "/assets/logos/maybell.png" }, { "id": "keysight", "name": "Keysight (Quantum Benchmark)", "region": "north-america", "country": "United States", "countrySlug": "united-states", "city": "Santa Rosa, CA; Quantum Benchmark was Kitchener, ON", "modalities": [ "software" ], "leaders": "Not stated in the brief", "stage": "Public", "summary": "Owns Quantum Benchmark and the True-Q error-diagnostic software since 2021. Characterisation tooling, not a QPU vendor. Quantum Benchmark is no longer an independent Canadian company.", "website": "https://www.keysight.com/", "sources": [ { "label": "Keysight (Quantum Benchmark)", "url": "https://www.keysight.com/" } ], "logo": "/assets/logos/keysight.png" }, { "id": "d-wave", "name": "D-Wave Quantum", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Burnaby, BC (engineering); Boca Raton, FL (corporate HQ, 2026)", "modalities": [ "annealing", "superconducting" ], "leaders": "CEO Alan Baratz", "stage": "Public (NYSE: QBTS)", "summary": "Founded in Burnaby in 1999. Annealing systems on the Leap cloud, plus a gate-model path via the January 2026 acquisition of Quantum Circuits Inc. for about $550 million. Corporate HQ moved through Palo Alto to Boca Raton; the Quantum Engineering Center of Excellence remains in Burnaby. Named in reported CHIPS awards. Canada’s CQCP was framed in part as a response to this US migration.", "scale": { "text": "Advantage: 5,000+ annealing qubits (not gate-model qubits)", "status": "reported" }, "website": "https://www.dwavequantum.com/", "sources": [ { "label": "D-Wave Quantum", "url": "https://www.dwavequantum.com/" }, { "label": "Official about page", "url": "https://www.dwavequantum.com/company/about-d-wave/" } ], "founded": 1999, "funding": { "text": "Acquired Quantum Circuits Inc. in January 2026 for about $550 million, as stated in the North America brief.", "status": "reported" }, "logo": "/assets/logos/d-wave.ico" }, { "id": "xanadu", "name": "Xanadu Quantum Technologies", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Toronto, ON", "modalities": [ "photonic", "software" ], "leaders": "Founder and CEO Christian Weedbrook", "stage": "Public (Nasdaq/TSX: XNDU), SPAC close about 27 March 2026", "summary": "Photonic computing and the PennyLane framework. CQCP recipient (up to CAD $23 million) and a federal CAD $195 million toward Project OPTIMISM manufacturing, inside a larger package of up to CAD $390 million announced March 2026. DARPA QBI Stage B. About $302 million gross from the SPAC.", "website": "https://www.xanadu.ai/", "sources": [ { "label": "Xanadu Quantum Technologies", "url": "https://www.xanadu.ai/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" }, { "label": "Xanadu Q1 2026 results", "url": "https://investors.xanadu.ai/news-releases/news-release-details/xanadu-announces-first-quarter-2026-results" } ], "funding": { "text": "About $302 million gross from the March 2026 SPAC. CQCP recipient (up to CAD $23 million) and a federal CAD $195 million toward Project OPTIMISM, inside a larger package of up to CAD $390 million announced March 2026. A 14 May 2026 company release also says Xanadu is backed by more than $500 million USD.", "status": "reported" }, "founded": 2016, "logo": "/assets/logos/xanadu.png" }, { "id": "photonic-inc", "name": "Photonic Inc.", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Coquitlam, BC", "modalities": [ "silicon" ], "leaders": "Founder and chief quantum officer Stephanie Simmons (SFU). CEO Don Mattrick (appointed March 2026)", "stage": "Private", "summary": "Silicon T-centre spin qubits with telecom-wavelength photon networking. A CAD $180 million first close was reported, with Microsoft, BCI, and UK government backers cited. CQCP and DARPA QBI Stage B.", "website": "https://photonic.com/", "sources": [ { "label": "Photonic Inc.", "url": "https://photonic.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" }, { "label": "Photonic about page", "url": "https://photonic.com/about-us" } ], "funding": { "text": "A CAD $180 million first close was reported, with Microsoft, BCI, and UK government backers cited.", "status": "reported" }, "founded": 2016, "logo": "/assets/logos/photonic-inc.png" }, { "id": "nord-quantique", "name": "Nord Quantique", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Sherbrooke, QC", "modalities": [ "superconducting" ], "leaders": "Co-founders Julien Camirand Lemyre (CEO) and Philippe St-Jean", "stage": "Private", "summary": "Bosonic superconducting cavity qubits. CQCP and DARPA QBI Stage B. A valuation near $1.4 billion appeared in 2026 secondary coverage; the brief says to treat that figure as reported.", "website": "https://nordquantique.ca/", "sources": [ { "label": "Nord Quantique", "url": "https://nordquantique.ca/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "funding": { "text": "A valuation near $1.4 billion appeared in 2026 secondary coverage. The brief says to treat that figure as reported, not audited.", "status": "reported" } }, { "id": "anyon", "name": "Anyon Systems", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Montréal / Bromont, QC", "modalities": [ "superconducting" ], "leaders": "Founder Alireza Najafi-Yazdi, with Mohsen Najafi-Yazdi", "stage": "Private", "summary": "Full-stack superconducting machines, including Yukon. DRDC was an early customer. CQCP award of CAD $23 million. Largely non-VC historically. Calcul Québec operates MonarQ for public access.", "scale": { "text": "MonarQ, 24-qubit public-access machine", "status": "reported" }, "website": "https://anyonsys.com/en", "sources": [ { "label": "Anyon Systems", "url": "https://anyonsys.com/en" }, { "label": "Anyon Systems about page", "url": "https://anyonsys.com/about" } ], "funding": { "text": "CQCP award of CAD $23 million. Largely non-VC historically.", "status": "reported" }, "founded": 2014 }, { "id": "open-quantum-design", "name": "Open Quantum Design", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Waterloo, ON", "modalities": [ "trapped-ion" ], "leaders": "Crystal Senko, Rajibul Islam, Roger Melko; CEO Greg Dick", "stage": "Non-profit / open hardware", "summary": "Open-source trapped-ion full stack, based in Waterloo.", "website": "https://openquantumdesign.org/", "sources": [ { "label": "Open Quantum Design", "url": "https://openquantumdesign.org/" }, { "label": "About Open Quantum Design", "url": "https://openquantumdesign.org/about-oqd" }, { "label": "University of Waterloo, 16 Jan 2025", "url": "https://uwaterloo.ca/news/working-democratize-quantum-computing" } ] }, { "id": "1qbit", "name": "1QBit", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Vancouver, BC", "modalities": [ "software" ], "leaders": "Co-founders Andrew Fursman and Landon Downs (2012)", "stage": "Private", "summary": "Hardware-agnostic algorithms and quantum-inspired optimisation. Often cited as an early dedicated quantum software company. Spun out Good Chemistry.", "website": "https://1qbit.com/", "sources": [ { "label": "1QBit", "url": "https://1qbit.com/" }, { "label": "Official about page", "url": "https://1qbit.com/about/" } ], "founded": 2012, "logo": "/assets/logos/1qbit.png" }, { "id": "evolutionq", "name": "evolutionQ", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Waterloo, ON", "modalities": [ "pqc" ], "leaders": "Michele Mosca (co-founder)", "stage": "Private", "summary": "Quantum-safe cybersecurity and migration tooling, including BasejumpQDN.", "website": "https://www.evolutionq.com/", "sources": [ { "label": "evolutionQ", "url": "https://www.evolutionq.com/" }, { "label": "evolutionQ about page", "url": "https://www.evolutionq.com/company/about" } ], "founded": 2015, "funding": { "text": "The company site states $7 million in external funding in 2022. Not stated as a lifetime total.", "status": "company-asserted" }, "logo": "/assets/logos/evolutionq.png" }, { "id": "crypto4a", "name": "Crypto4A", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Ottawa, ON", "modalities": [ "pqc" ], "leaders": "CEO Bruno Couillard", "stage": "Private", "summary": "Quantum-safe hardware security modules (QxHSM), on a FIPS post-quantum path.", "website": "https://www.crypto4a.com/", "sources": [ { "label": "Crypto4A", "url": "https://www.crypto4a.com/" }, { "label": "Crypto4A about page", "url": "https://crypto4a.com/about" } ], "founded": 2017, "logo": "/assets/logos/crypto4a.ico" }, { "id": "quantropi", "name": "Quantropi", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Ottawa, ON", "modalities": [ "pqc", "software" ], "leaders": "James Nguyen (CEO); Randy Kuang (CTO)", "stage": "Private", "summary": "QiSpace quantum-secure communications software that runs over classical networks.", "website": "https://www.quantropi.com/", "sources": [ { "label": "Quantropi", "url": "https://www.quantropi.com/" }, { "label": "Quantropi company page", "url": "https://www.quantropi.com/company" } ], "founded": 2018, "logo": "/assets/logos/quantropi.png" }, { "id": "zero-point-cryogenics", "name": "Zero Point Cryogenics", "region": "north-america", "country": "Canada", "countrySlug": "canada", "city": "Edmonton, AB", "modalities": [ "cryogenics" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Canadian maker of dilution refrigerators.", "website": "https://www.zpcryo.com/", "sources": [ { "label": "Zero Point Cryogenics", "url": "https://www.zpcryo.com/" } ] }, { "id": "oqc", "name": "Oxford Quantum Circuits", "region": "europe", "alsoRegions": [ "north-america" ], "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Reading / Oxford area", "modalities": [ "superconducting" ], "leaders": "CEO Gerald Mullally (Ilana Wisby departed July 2026). Founder Peter Leek", "stage": "Private", "summary": "Superconducting systems with enterprise and government deployments in the UK, US, Japan, and Spain. A Quantum-AI data-centre partnership in New York was reported. £260 million Series C in June 2026, among the largest European private rounds.", "website": "https://oqc.tech/", "sources": [ { "label": "Oxford Quantum Circuits", "url": "https://oqc.tech/" }, { "label": "Oxford Quantum Circuits company page", "url": "https://oqc.tech/company" } ], "funding": { "text": "£260 million Series C in June 2026, described as among the largest European private rounds.", "status": "reported" }, "founded": 2017, "logo": "/assets/logos/oqc.png" }, { "id": "oxford-ionics", "name": "Oxford Ionics", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Oxford", "modalities": [ "trapped-ion", "silicon" ], "leaders": "Founders Chris Ballance and Tom Harty. Now under IonQ", "stage": "Acquired by IonQ, September 2025", "summary": "Trapped ions on semiconductor chips (electronic qubit control). IonQ’s acquisition, about $1.075 billion, is described as the largest UK quantum exit. The team remains an IonQ chip-development centre, with an NQCC testbed.", "website": "https://www.oxionics.com/", "sources": [ { "label": "Oxford Ionics", "url": "https://www.oxionics.com/" }, { "label": "Oxford Ionics about page", "url": "https://www.oxionics.com/about-us/" } ], "funding": { "text": "IonQ acquisition, about $1.075 billion, September 2025.", "status": "reported" }, "founded": 2019, "headcount": { "text": "90+ employees, stated on the company about page. IonQ’s later acquisition may have changed the count.", "status": "company-asserted" }, "logo": "/assets/logos/oxford-ionics.png" }, { "id": "universal-quantum", "name": "Universal Quantum", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Brighton / Sussex", "modalities": [ "trapped-ion" ], "leaders": "CEO Sebastian Weidt; co-founder Winfried Hensinger", "stage": "Private", "summary": "Modular trapped ions linked by electric fields. Holds a DLR hardware contract in Germany. In September 2026, a Singapore EDBI research centre of about S$30 million was announced.", "website": "https://universalquantum.com/", "sources": [ { "label": "Universal Quantum", "url": "https://universalquantum.com/" }, { "label": "Universal Quantum — who we are", "url": "https://universalquantum.com/who-we-are" } ], "funding": { "text": "Singapore EDBI research centre of about S$30 million announced September 2026.", "status": "reported" }, "founded": 2018, "logo": "/assets/logos/universal-quantum.png" }, { "id": "quantum-motion", "name": "Quantum Motion", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "London", "modalities": [ "silicon" ], "leaders": "CEO James Palles-Dimmock. Founders include John Morton and Simon Benjamin", "stage": "Private", "summary": "Silicon-spin qubits in CMOS. About $160 million / £120 million Series C in May 2026. An NQCC silicon machine in 2025, DARPA QBI Stage B, and a Maryland lab planned.", "website": "https://quantummotion.tech/", "sources": [ { "label": "Quantum Motion", "url": "https://quantummotion.tech/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" }, { "label": "Quantum Motion milestones", "url": "https://quantummotion.com/about/" } ], "funding": { "text": "About $160 million / £120 million Series C in May 2026.", "status": "reported" }, "founded": 2017 }, { "id": "orca", "name": "ORCA Computing", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "London", "modalities": [ "photonic" ], "leaders": "CEO Richard Murray (co-founder)", "stage": "Private", "summary": "Room-temperature photonic processors using telecom components. PT-series. NQCC install in June 2025. Deployments cited in Japan (Toyota Tsusho), Montana, and Poznań. About 11 on-prem systems claimed.", "scale": { "text": "~11 on-prem systems claimed", "status": "company-asserted" }, "website": "https://orcacomputing.com/", "sources": [ { "label": "ORCA Computing", "url": "https://orcacomputing.com/" }, { "label": "ORCA team page", "url": "https://orcacomputing.com/team/" } ], "founded": 2019, "headcount": { "text": "45 people, stated in the CEO biography on the company team page.", "status": "company-asserted" }, "logo": "/assets/logos/orca.svg" }, { "id": "aegiq", "name": "Aegiq", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Sheffield", "modalities": [ "photonic" ], "leaders": "Co-founder Maksym Sich and colleagues", "stage": "Private", "summary": "Photonic hardware and single-photon sources. Artemis system at the NQCC in 2025.", "website": "https://www.aegiq.com/", "sources": [ { "label": "Aegiq", "url": "https://www.aegiq.com/" }, { "label": "Aegiq company page", "url": "https://www.aegiq.com/company" } ], "founded": 2019, "logo": "/assets/logos/aegiq.png" }, { "id": "nu-quantum", "name": "Nu Quantum", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Cambridge", "modalities": [ "photonic" ], "leaders": "CEO Carmen Palacios-Berraquero", "stage": "Private", "summary": "Quantum networking and interconnects. $60 million Series A in December 2025. The Europe brief notes it is a UK company, not Italian.", "website": "https://www.nu-quantum.com/", "sources": [ { "label": "Nu Quantum", "url": "https://www.nu-quantum.com/" }, { "label": "Nu Quantum about page", "url": "https://www.nu-quantum.com/about-us" } ], "funding": { "text": "$60 million Series A in December 2025.", "status": "reported" }, "founded": 2018, "logo": "/assets/logos/nu-quantum.png" }, { "id": "riverlane", "name": "Riverlane", "region": "europe", "alsoRegions": [ "north-america" ], "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Cambridge; US foothold in Maryland", "modalities": [ "software" ], "leaders": "Founder and CEO Steve Brierley", "stage": "Private", "summary": "Quantum error-correction stack (Deltaflow / Deltakit) and the QEC Report. A US headquarters in Maryland was announced in September 2026, with a Boston office. NQCC partner.", "website": "https://www.riverlane.com/", "sources": [ { "label": "Riverlane", "url": "https://www.riverlane.com/" }, { "label": "Riverlane about page", "url": "https://www.riverlane.com/about" }, { "label": "Riverlane Series C release", "url": "https://www.riverlane.com/press-release/riverlane-raises-75-million-to-meet-surging-global-demand-for-quantum-error-correction-technology" } ], "founded": 2016, "funding": { "text": "$75 million Series C announced 6 August 2024, led by Planet First Partners.", "status": "company-asserted" }, "headcount": { "text": "Over 180 people, stated on the company about page (“over 180 strong”).", "status": "company-asserted" }, "logo": "/assets/logos/riverlane.png" }, { "id": "phasecraft", "name": "Phasecraft", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "London / Bristol", "modalities": [ "software" ], "leaders": "Co-founders Toby Cubitt, Ashley Montanaro, and John Morton", "stage": "Private", "summary": "Near-term algorithms for materials and chemistry. $34 million Series B in September 2025. An ARPA-E catalyst award in June 2026.", "website": "https://www.phasecraft.io/", "sources": [ { "label": "Phasecraft", "url": "https://www.phasecraft.io/" }, { "label": "Phasecraft IBM Quantum Network note", "url": "https://www.phasecraft.io/journal/journal/phasecraft-joins-ibm-quantum-network" }, { "label": "Phasecraft Series B", "url": "https://www.phasecraft.io/news/phasecraft-raises-34-million-from-plural-playground-novo/" } ], "funding": { "text": "$34 million Series B in September 2025. The 2 September 2025 release says that round brought the total raised to over $50 million, including grant funding.", "status": "reported" }, "founded": 2019, "logo": "/assets/logos/phasecraft.png" }, { "id": "pqshield", "name": "PQShield", "region": "europe", "country": "United Kingdom", "countrySlug": "united-kingdom", "city": "Oxford", "modalities": [ "pqc" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Post-quantum cryptography stack. Listed among the UK’s leading PQC companies in the Europe brief.", "website": "https://pqshield.com/", "sources": [ { "label": "PQShield", "url": "https://pqshield.com/" }, { "label": "PQShield Series B announcement", "url": "https://pqshield.com/pqshield-raises-37m-in-series-b-funding/" } ], "founded": 2018, "funding": { "text": "$37 million Series B, announced 20 June 2024 and led by Addition. One round, not a lifetime total.", "status": "company-asserted" }, "logo": "/assets/logos/pqshield.png" }, { "id": "planqc", "name": "planqc", "region": "europe", "country": "Germany", "countrySlug": "germany", "city": "Garching (Munich)", "modalities": [ "neutral-atom" ], "leaders": "Co-founders Alexander Glätzle, Sebastian Blatt, Johannes Zeiher, and others", "stage": "Private (MPQ spinout, 2022)", "summary": "Neutral atoms in optical lattices. The MAQCS project, about €20 million from BMFTR, targets a 1,000-qubit system at LRZ. Hardware was arriving in 2026; full operations were targeted around 2027.", "scale": { "text": "1,000-qubit system at LRZ; full operations targeted ~2027", "status": "roadmap" }, "website": "https://planqc.eu/", "sources": [ { "label": "planqc", "url": "https://planqc.eu/" }, { "label": "Official about page", "url": "https://planqc.eu/company/about-planqc" } ], "founded": 2022, "funding": { "text": "MAQCS project, about €20 million from BMFTR, targeting a 1,000-qubit system at LRZ. The same about page says more than €80 million in funding and contracts, including a €50 million Series A in 2024 led by CATRON Holding and DTCF, and a €29 million DLR contract in 2023.", "status": "reported" }, "logo": "/assets/logos/planqc.png", "headcount": { "text": "100+ colleagues across R&D, engineering, and business, stated on the company about page.", "status": "company-asserted" } }, { "id": "eleqtron", "name": "eleQtron", "region": "europe", "country": "Germany", "countrySlug": "germany", "city": "Siegen", "modalities": [ "trapped-ion" ], "leaders": "Founders Jan Leisse, Christof Wunderlich, and Michael Johanning", "stage": "Private", "summary": "Trapped ions using the MAGIC approach. The JION system at Forschungszentrum Jülich via JUNIQ was a 2026 milestone, with HiQ integration alongside JURECA. Collaborates with Infineon on ion-trap QPUs.", "website": "https://eleqtron.com/", "sources": [ { "label": "eleQtron", "url": "https://eleqtron.com/" }, { "label": "eleQtron company page", "url": "https://eleqtron.com/en/company/" } ], "founded": 2020, "funding": { "text": "Company site states an order volume exceeding €50 million. That is orders, not a disclosed equity total.", "status": "company-asserted" }, "logo": "/assets/logos/eleqtron.png" }, { "id": "qant", "name": "Q.ANT", "region": "europe", "country": "Germany", "countrySlug": "germany", "city": "Stuttgart", "modalities": [ "photonic" ], "leaders": "Founder and CEO Michael Förtsch", "stage": "TRUMPF Group spin-off", "summary": "Photonic processors (NPUs) and sensors. NPU 2 customer shipments were reported in the first half of 2026.", "website": "https://qant.com/", "sources": [ { "label": "Q.ANT", "url": "https://qant.com/" }, { "label": "Q.ANT about page", "url": "https://qant.com/about-us" } ], "founded": 2018, "logo": "/assets/logos/qant.png" }, { "id": "hqs", "name": "HQS Quantum Simulations", "region": "europe", "country": "Germany", "countrySlug": "germany", "city": "Karlsruhe / Munich", "modalities": [ "software" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Chemistry and materials simulation software for industrial users.", "website": "https://quantumsimulations.de/", "sources": [ { "label": "HQS Quantum Simulations", "url": "https://quantumsimulations.de/" }, { "label": "Official about page", "url": "https://quantumsimulations.de/about" } ], "logo": "/assets/logos/hqs.png" }, { "id": "kiutra", "name": "kiutra", "region": "europe", "country": "Germany", "countrySlug": "germany", "city": "Munich", "modalities": [ "cryogenics" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Magnetic cooling and cryogenics, with Jülich and Munich roots. Enabling hardware rather than a QPU.", "website": "https://kiutra.com/", "sources": [ { "label": "kiutra", "url": "https://kiutra.com/" }, { "label": "Official about page", "url": "https://kiutra.com/company/" } ], "logo": "/assets/logos/kiutra.png", "founded": 2018, "funding": { "text": "Company timeline lists a €13 million financing round in 2025 “to eliminate bottlenecks in quantum supply chains.” Earlier seed (2019) and Series A (2021) are named without amounts.", "status": "company-asserted" }, "headcount": { "text": "50+ employees, listed on the 2023 line of the company timeline. Later years on that page do not update the count.", "status": "company-asserted" } }, { "id": "infineon", "name": "Infineon Technologies", "region": "europe", "country": "Germany", "countrySlug": "germany", "city": "Munich / Villach / Dresden", "modalities": [ "trapped-ion", "silicon" ], "leaders": "Corporate programme", "stage": "Public", "summary": "Industrial fabrication of ion-trap QPUs and related semiconductor processes. Partnerships include a historical Min-Ion effort with Oxford Ionics, and work with eleQtron. Not a standalone quantum-cloud brand.", "website": "https://www.infineon.com/", "sources": [ { "label": "Infineon Technologies", "url": "https://www.infineon.com/" }, { "label": "Official about page", "url": "https://www.infineon.com/about" } ], "logo": "/assets/logos/infineon.ico" }, { "id": "iqm", "name": "IQM Quantum Computers", "region": "europe", "country": "Finland", "countrySlug": "finland", "city": "Espoo", "modalities": [ "superconducting" ], "leaders": "Sole CEO Jan Goetz (from 1 January 2026)", "stage": "Private", "summary": "Europe’s most widely deployed commercial superconducting vendor: Euro-Q-Exa at LRZ, VLQ in Czechia, and the VTT path in Finland (150 qubits around mid-2026, stepping toward 300 around late 2027, integrated with LUMI). Deep German manufacturing and operations. In September 2026 Eldorado in Brazil purchased an IQM Spark, the first IQM system in South America, with install targeted for the first quarter of 2027.", "scale": { "text": "Euro-Q-Exa 54 qubits, with at least 150 targeted by end-2026; VTT path toward 300 ~late 2027", "status": "reported" }, "website": "https://iqm.tech/", "sources": [ { "label": "IQM Quantum Computers", "url": "https://iqm.tech/" }, { "label": "IQM about page", "url": "https://iqm.tech/company/about-iqm/" } ], "founded": 2018, "funding": { "text": "Company timeline: seed €11.4 million (2019); Series A1 €39 million (2020); Series A2 €128 million (2022). The about page also shows an unlabeled “600 M€+” figure, which is not used here as an audited total.", "status": "company-asserted" }, "logo": "/assets/logos/iqm.svg" }, { "id": "bluefors", "name": "Bluefors", "region": "europe", "country": "Finland", "countrySlug": "finland", "city": "Helsinki", "modalities": [ "cryogenics" ], "leaders": "CEO Kim Povlsen (from October 2025)", "stage": "Private", "summary": "Dilution refrigerators. Described as the global market leader enabling superconducting systems worldwide.", "website": "https://bluefors.com/", "sources": [ { "label": "Bluefors", "url": "https://bluefors.com/" }, { "label": "Bluefors story page", "url": "https://bluefors.com/company/story/" } ], "founded": 2008, "headcount": { "text": "Over 700 employees, stated on the company story page, based in Finland, Germany, the Netherlands, Japan, and the US.", "status": "company-asserted" }, "logo": "/assets/logos/bluefors.png" }, { "id": "pasqal", "name": "Pasqal", "region": "europe", "country": "France", "countrySlug": "france", "city": "Massy / Paris region", "modalities": [ "neutral-atom" ], "leaders": "Co-founder Georges-Olivier Reymond is named CEO in the Europe brief. The May 2026 Aramco inauguration identified Wasiq Bokhari as CEO. Confirm the current title before citing", "stage": "Nasdaq: PSQL via SPAC, from about 28 August 2026", "summary": "Neutral-atom systems in the French PROQCIMA programme. EuroHPC and national machines include Ruby and JADE (~100 qubits) and SOL at CINECA (140 qubits, inaugurated June 2026). Acquired Qu&Co in 2022. With Aramco, a 200-qubit QCaaS platform in Dhahran was inaugurated on 18 May 2026. Post-listing valuation was still settling at the research cutoff.", "scale": { "text": "Europe brief: Ruby and JADE about 100 qubits; EuroHPC SOL 140 data qubits, inaugurated June 2026. Dhahran QCaaS: 200 programmable qubits, a company/Aramco claim.", "status": "reported" }, "website": "https://www.pasqal.com/", "sources": [ { "label": "Pasqal", "url": "https://www.pasqal.com/" }, { "label": "Pasqal history page", "url": "https://www.pasqal.com/our-history/" }, { "label": "Pasqal Series B release", "url": "https://www.pasqal.com/newsroom/pasqal-raises-e100-million-series-b-funding-to-advance-neutral-atoms-quantum-computing/" } ], "founded": 2019, "funding": { "text": "€100 million Series B announced 23 January 2023, led by Temasek. The same release’s about line said more than €140 million in financing at that time. Not restated as a current total.", "status": "company-asserted" }, "headcount": { "text": "275+ employees, stated on the company about page.", "status": "company-asserted" }, "logo": "/assets/logos/pasqal.jpg" }, { "id": "alice-bob", "name": "Alice & Bob", "region": "europe", "alsoRegions": [ "north-america" ], "country": "France", "countrySlug": "france", "city": "Paris; Boston office reported", "modalities": [ "superconducting" ], "leaders": "CEO and co-founder Théau Peronnin; co-founder Raphaël Lescanne", "stage": "Private", "summary": "Cat-qubit (bosonic) architecture in the PROQCIMA cohort. Large venture rounds, including a reported €100 million class raise. The Kity system at CEA is planned around 2027. A Boston presence is reported; headcount there was a named gap in the North America brief.", "website": "https://alice-bob.com/", "sources": [ { "label": "Alice & Bob", "url": "https://alice-bob.com/" } ], "funding": { "text": "Large venture rounds, including a reported €100 million class raise.", "status": "reported" } }, { "id": "quandela", "name": "Quandela", "region": "europe", "country": "France", "countrySlug": "france", "city": "Massy / Paris region", "modalities": [ "photonic" ], "leaders": "CEO Niccolo Somaschi. Co-founders Pascale Senellart and Valérian Giesz", "stage": "Private", "summary": "Photonic quantum computing. Supplies Lucy, the EuroHPC system at CEA/GENCI (12 data qubits). An OVHcloud sovereign-cloud path was reported for mid-2026.", "scale": { "text": "Lucy: 12 data qubits", "status": "reported" }, "website": "https://www.quandela.com/", "sources": [ { "label": "Quandela", "url": "https://www.quandela.com/" }, { "label": "Quandela about page", "url": "https://www.quandela.com/about" }, { "label": "Quandela about page", "url": "https://www.quandela.com/about-us/" } ], "founded": 2017, "headcount": { "text": "130+ full-time employees, stated on the company about page.", "status": "company-asserted" }, "funding": { "text": "Over €50 million secured by 7 November 2023 from investors, France 2030, and banking partners. Not a current total.", "status": "company-asserted" }, "logo": "/assets/logos/quandela.png" }, { "id": "quobly", "name": "Quobly", "region": "europe", "country": "France", "countrySlug": "france", "city": "Grenoble", "modalities": [ "silicon" ], "leaders": "CEO Maud Vinet. Co-founders Tristan Meunier and François Perruchot", "stage": "Private", "summary": "Silicon-spin qubits in PROQCIMA. STMicroelectronics 300 mm wafers at Crolles reached a milestone in December 2025. MoUs with TNO and OrangeQS in 2026. Singapore’s NQO lists Quobly among international partners.", "website": "https://www.quobly.io/", "sources": [ { "label": "Quobly", "url": "https://www.quobly.io/" }, { "label": "Quobly Series A release", "url": "https://www.quobly.io/press-releases/quobly-secures-e115-million-series-a-to-bring-silicon-based-quantum-computers-to-market" } ], "founded": 2022, "funding": { "text": "€115 million Series A closed 3 June 2026, led by Bpifrance, SEALSQ, and STMicroelectronics, after a €19 million seed phase in 2023–2025.", "status": "company-asserted" }, "headcount": { "text": "100+ collaborators, stated in the June 2026 Series A release.", "status": "company-asserted" }, "logo": "/assets/logos/quobly.ico" }, { "id": "c12", "name": "C12 Quantum Electronics", "region": "europe", "country": "France", "countrySlug": "france", "city": "Paris", "modalities": [ "silicon" ], "leaders": "Co-founders and CEOs Pierre Desjardins and Matthieu Desjardins", "stage": "Private", "summary": "Carbon-nanotube spin qubits. One of the five hardware startups in France’s PROQCIMA programme.", "website": "https://www.c12qe.com/", "sources": [ { "label": "C12 Quantum Electronics", "url": "https://www.c12qe.com/" }, { "label": "C12 about page", "url": "https://www.c12qe.com/about" } ], "founded": 2020, "funding": { "text": "Company timeline: USD 10 million seed in June 2021. Not a current total.", "status": "company-asserted" }, "logo": "/assets/logos/c12.png" }, { "id": "welinq", "name": "Welinq", "region": "europe", "country": "France", "countrySlug": "france", "city": "Paris", "modalities": [ "neutral-atom" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Quantum interconnects using cold-atom memories to link QPUs. Partnerships include Quandela.", "website": "https://www.welinq.fr/", "sources": [ { "label": "Welinq", "url": "https://www.welinq.fr/" }, { "label": "Sorbonne University startup profile", "url": "https://www.sorbonne-universite.fr/en/start-up/welinq" } ], "founded": 2022, "funding": { "text": "Sorbonne University’s startup profile says Welinq raised €5 million in January 2023.", "status": "reported" }, "headcount": { "text": "30 researchers, engineers, and business specialists, as stated on a Sorbonne University startup profile. The page’s publish date looks like a CMS error, so treat the count as reported, not current.", "status": "reported" }, "logo": "/assets/logos/welinq.png" }, { "id": "cosmian", "name": "Cosmian", "region": "europe", "country": "France", "countrySlug": "france", "city": "Paris", "modalities": [ "pqc" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Post-quantum and confidential-computing cryptography, including the Covercrypt ETSI path. Data protection, not a quantum processor.", "website": "https://cosmian.com/", "sources": [ { "label": "Cosmian", "url": "https://cosmian.com/" } ] }, { "id": "quantware", "name": "QuantWare", "region": "europe", "country": "Netherlands", "countrySlug": "netherlands", "city": "Delft", "modalities": [ "superconducting" ], "leaders": "Co-founders Matt Rijlaarsdam and Alessandro Bruno", "stage": "Private", "summary": "Merchant superconducting QPUs with an open architecture (VIO). Series B of $178 million / €152 million in May 2026 for the KiloFab factory and a VIO-40K roadmap. More than 50 customers in 20 countries claimed. No major US headquarters; partnership presence only.", "scale": { "text": "VIO-40K is a roadmap; >50 customers / 20 countries claimed", "status": "company-asserted" }, "website": "https://quantware.com/", "sources": [ { "label": "QuantWare", "url": "https://quantware.com/" }, { "label": "QuantWare about page", "url": "https://quantware.com/about" } ], "funding": { "text": "Series B of $178 million / €152 million in May 2026, for KiloFab and a VIO-40K roadmap.", "status": "reported" }, "founded": 2021, "logo": "/assets/logos/quantware.png" }, { "id": "quix", "name": "QuiX Quantum", "region": "europe", "country": "Netherlands", "countrySlug": "netherlands", "city": "Enschede", "modalities": [ "photonic" ], "leaders": "CEO Stefan Hengesbach", "stage": "Private", "summary": "Room-temperature photonic processors in the Twente ecosystem. The Europe brief places QuiX in the Netherlands, not Germany.", "website": "https://www.quixquantum.com/", "sources": [ { "label": "QuiX Quantum", "url": "https://www.quixquantum.com/" }, { "label": "QuiX Quantum about page", "url": "https://www.quixquantum.com/about" } ], "founded": 2019, "logo": "/assets/logos/quix.png" }, { "id": "orangeqs", "name": "Orange Quantum Systems", "region": "europe", "country": "Netherlands", "countrySlug": "netherlands", "city": "Delft", "modalities": [ "control" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Automated cryogenic chip test (MAX platform). Seed extended to €15 million in April 2026 with EIC Fund participation. Partners include Rigetti, QuantWare, and Peak Quantum, with a spin-qubit adaptation for Quobly.", "website": "https://orangeqs.com/", "sources": [ { "label": "Orange Quantum Systems", "url": "https://orangeqs.com/" }, { "label": "OrangeQS downloads", "url": "https://orangeqs.com/about-us/downloads/" } ], "funding": { "text": "Seed extended to €15 million in April 2026, with EIC Fund participation.", "status": "reported" } }, { "id": "qblox", "name": "Qblox", "region": "europe", "country": "Netherlands", "countrySlug": "netherlands", "city": "Delft", "modalities": [ "control" ], "leaders": "CEO Niels Bultink. Freeke Heijman, government affairs (formerly Quantum Delta NL board)", "stage": "Private", "summary": "Modular quantum control electronics. Dutch, not Belgian — the Europe brief corrects that misattribution.", "website": "https://qblox.com/", "sources": [ { "label": "Qblox", "url": "https://qblox.com/" }, { "label": "Qblox Deloitte Fast 50 note", "url": "https://qblox.com/blog/qblox-wins-deloitte-fast-50-deep-tech-award-2024" }, { "label": "Qblox about page", "url": "https://qblox.com/about" } ], "founded": 2018, "headcount": { "text": "150+ scientists, engineers, and developers, stated on the company about page.", "status": "company-asserted" }, "logo": "/assets/logos/qblox.png" }, { "id": "zurich-instruments", "name": "Zurich Instruments", "region": "europe", "country": "Switzerland", "countrySlug": "switzerland", "city": "Zurich", "modalities": [ "control" ], "leaders": "CEO Andrea Orzati (from May 2024)", "stage": "Private", "summary": "Quantum control electronics, lock-in amplifiers, and QEC-capable control. A global control-stack vendor and one of Switzerland’s commercial anchors.", "website": "https://www.zhinst.com/", "sources": [ { "label": "Zurich Instruments", "url": "https://www.zhinst.com/" }, { "label": "Zurich Instruments about page", "url": "https://www.zhinst.com/about" } ], "founded": 2008, "logo": "/assets/logos/zurich-instruments.jpg" }, { "id": "id-quantique", "name": "ID Quantique", "region": "europe", "country": "Switzerland", "countrySlug": "switzerland", "city": "Geneva", "modalities": [ "qkd" ], "leaders": "Not stated in the brief", "stage": "IonQ controlling stake, completed about 30 April 2025", "summary": "QKD, quantum random-number generation, and quantum-safe products. Swiss brand under a US strategic owner.", "website": "https://www.idquantique.com/", "sources": [ { "label": "ID Quantique", "url": "https://www.idquantique.com/" }, { "label": "ID Quantique about page", "url": "https://www.idquantique.com/about" } ], "founded": 2001, "logo": "/assets/logos/id-quantique.webp" }, { "id": "aqt", "name": "Alpine Quantum Technologies", "region": "europe", "country": "Austria", "countrySlug": "austria", "city": "Innsbruck", "modalities": [ "trapped-ion" ], "leaders": "CEO Thomas Monz; co-founder Rainer Blatt", "stage": "Private", "summary": "Rack-mount trapped-ion systems, including the LYNX series. Supplier of Piast-Q, the EuroHPC system in Poland (20 data qubits). No US office; cloud and partner access only.", "scale": { "text": "LYNX: quantum volume 32,768 claimed as a European industry record. Piast-Q: 20 data qubits", "status": "company-asserted" }, "website": "https://www.aqt.eu/", "sources": [ { "label": "Alpine Quantum Technologies", "url": "https://www.aqt.eu/" }, { "label": "AQT about page", "url": "https://www.aqt.eu/about" } ], "founded": 2018, "funding": { "text": "Company timeline, next to the February 2018 founding, says the FFG and the University of Innsbruck are investing a total of ten million euros in AQT.", "status": "company-asserted" }, "logo": "/assets/logos/aqt.webp" }, { "id": "parityqc", "name": "ParityQC", "region": "europe", "country": "Austria", "countrySlug": "austria", "city": "Innsbruck", "modalities": [ "software" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Quantum architecture and the ParityOS compiler. Deep German and EU project footprint, including mobile quantum-computing work with Quantum Brilliance toward about 2027.", "website": "https://parityqc.com/", "sources": [ { "label": "ParityQC", "url": "https://parityqc.com/" }, { "label": "Nature Outlook, 24 May 2023", "url": "https://www.nature.com/articles/d41586-023-01660-3" } ], "founded": 2020 }, { "id": "qilimanjaro", "name": "Qilimanjaro Quantum Tech", "region": "europe", "country": "Spain", "countrySlug": "spain", "city": "Barcelona", "modalities": [ "superconducting", "annealing" ], "leaders": "Co-founders include Pol Forn-Díaz, Victor Canivell, José Ignacio Latorre, Artur Garcia Sáez, and Jordi Blasco", "stage": "Private", "summary": "Analog superconducting annealing and SpeQtrum quantum-as-a-service. Supplier of EuroQCS-Spain at BSC, staged at 10, 15, and 25 qubits, inside MareNostrum-Ona.", "scale": { "text": "EuroQCS-Spain annealer in 10 / 15 / 25 qubit stages", "status": "reported" }, "website": "https://qilimanjaro.tech/", "sources": [ { "label": "Qilimanjaro Quantum Tech", "url": "https://qilimanjaro.tech/" }, { "label": "Qilimanjaro about page", "url": "https://qilimanjaro.tech/about" } ], "founded": 2019, "logo": "/assets/logos/qilimanjaro.png" }, { "id": "multiverse", "name": "Multiverse Computing", "region": "europe", "country": "Spain", "countrySlug": "spain", "city": "San Sebastián (Donostia)", "modalities": [ "software" ], "leaders": "Founder and CEO Enrique Lizaso", "stage": "Private", "summary": "Quantum and quantum-inspired software, including tensor-network compression for AI. A Spanish government AI-sovereignty investment of about €107 million (SETT framing, 2026) was reported; the brief says to verify the instrument.", "website": "https://multiversecomputing.com/", "sources": [ { "label": "Multiverse Computing", "url": "https://multiversecomputing.com/" }, { "label": "Multiverse Computing site", "url": "https://multiversecomputing.com" } ], "funding": { "text": "A Spanish government AI-sovereignty investment of about €107 million (SETT framing, 2026) was reported. The brief says to verify the instrument.", "status": "reported" }, "founded": 2019, "logo": "/assets/logos/multiverse.ico" }, { "id": "ephos", "name": "Ephos", "region": "europe", "country": "Italy", "countrySlug": "italy", "city": "Milan", "modalities": [ "photonic" ], "leaders": "Not stated in the brief", "stage": "Early-stage", "summary": "Glass-photonic quantum processors. One of Italy’s domestic hardware startups; the brief describes national commercial depth as thinner than France, Germany, or the UK.", "website": "https://ephos.io/", "sources": [ { "label": "Ephos", "url": "https://ephos.io/" } ] }, { "id": "thinkquantum", "name": "ThinkQuantum", "region": "europe", "country": "Italy", "countrySlug": "italy", "city": "Padua", "modalities": [ "qkd" ], "leaders": "Not stated in the brief", "stage": "University of Padua spinout", "summary": "QKD and the QuKy platform. A Vodafone Portugal demonstration in 2026 is cited, with EuroQCI-related work.", "website": "https://www.thinkquantum.com/", "sources": [ { "label": "ThinkQuantum", "url": "https://www.thinkquantum.com/" } ] }, { "id": "sparrow", "name": "Sparrow Quantum", "region": "europe", "country": "Denmark", "countrySlug": "denmark", "city": "Copenhagen", "modalities": [ "photonic" ], "leaders": "Niels Bohr Institute spinout; Søren Stobbe is associated with the photonic science base", "stage": "Private", "summary": "Deterministic single-photon sources and photonic chips. A €21.5 million raise. Sole Danish pick for the EU Quantum Grand Challenge and a pillar lead in the €50 million P4Q photonic pilot line. September 2026 claims of record photon flux (more than 500 million photons per second into fibre).", "scale": { "text": "Photon flux >500 million/s into fibre (Sep 2026 claim)", "status": "company-asserted" }, "website": "https://sparrowquantum.com/", "sources": [ { "label": "Sparrow Quantum", "url": "https://sparrowquantum.com/" }, { "label": "Official about page", "url": "https://sparrowquantum.com/about" } ], "funding": { "text": "A €21.5 million raise. Sole Danish pick for the EU Quantum Grand Challenge.", "status": "reported" }, "logo": "/assets/logos/sparrow.svg" }, { "id": "equal1", "name": "Equal1", "region": "europe", "country": "Ireland", "countrySlug": "ireland", "city": "Dublin; Silicon Valley presence", "modalities": [ "silicon" ], "leaders": "CEO Jason Lynch", "stage": "Private (UCD spinout)", "summary": "Silicon CMOS quantum processors and rack-mounted systems. €51.5 million funding in January 2026. Ireland’s standout commercial quantum company in the brief; the wider ecosystem is described as still thin.", "website": "https://www.equal1.com/", "sources": [ { "label": "Equal1", "url": "https://www.equal1.com/" }, { "label": "Official about page", "url": "https://www.equal1.com/company" } ], "funding": { "text": "€51.5 million funding in January 2026.", "status": "reported" }, "logo": "/assets/logos/equal1.png" }, { "id": "creotech", "name": "Creotech Quantum", "region": "europe", "country": "Poland", "countrySlug": "poland", "city": "Warsaw area", "modalities": [ "control" ], "leaders": "Not stated in the brief", "stage": "WSE: CRQ, debut 17 April 2026", "summary": "Spin-off of Creotech Instruments. Quantum control electronics, detectors, and related products. Demerger completed about 1 April 2026. The brief says to pull market-cap figures from live WSE quotes rather than the research note.", "website": "https://creotech.pl/", "sources": [ { "label": "Creotech Quantum", "url": "https://creotech.pl/" }, { "label": "Creotech company page", "url": "https://creotech.pl/company/" } ], "founded": 2012, "logo": "/assets/logos/creotech.ico" }, { "id": "imec", "name": "imec", "region": "europe", "country": "Belgium", "countrySlug": "belgium", "city": "Leuven", "modalities": [ "silicon" ], "leaders": "Research institute, not a QC OEM", "stage": "R&D institute", "summary": "Coordinates the SPINS semiconductor spin-qubit pilot line under the European Chips Act, with TNO and partners. The brief’s point: Belgium’s quantum weight is this manufacturing platform, not a dense startup scene.", "website": "https://www.imec-int.com/en", "sources": [ { "label": "imec", "url": "https://www.imec-int.com/en" }, { "label": "imec about page", "url": "https://www.imec-int.com/en/about-us" } ], "founded": 1984, "logo": "/assets/logos/imec.ico" }, { "id": "origin-quantum", "name": "Origin Quantum", "region": "asia", "country": "China", "countrySlug": "china", "city": "Hefei", "modalities": [ "superconducting" ], "leaders": "USTC spinout, 2017. Guo Guoping is widely cited as founder and scientific leader; the brief says to confirm current C-suite titles", "stage": "Private; STAR Market IPO tutoring", "summary": "China’s commercial full-stack flagship, with a reported semiconductor track as well as superconducting systems. Origin Pilot OS was made downloadable in February 2026 (proprietary code). A pre-IPO round of about CNY 3 billion in June 2026 was reported, Norinco-led, with valuation talk toward CNY 20–24 billion. Dilution-refrigerator exports are a company claim.", "scale": { "text": "Wukong cloud ~72 qubits widely cited; Wukong-180 (May 2026) claimed 180 computational qubits + 251 couplers", "status": "company-asserted" }, "website": "https://originqc.com/", "sources": [ { "label": "Origin Quantum", "url": "https://originqc.com/" }, { "label": "Origin Quantum contact page", "url": "https://originqc.com/contact-us" } ], "founded": 2017, "funding": { "text": "Pre-IPO round of about CNY 3 billion in June 2026 was reported, Norinco-led, with valuation talk toward CNY 20–24 billion.", "status": "reported" }, "logo": "/assets/logos/origin-quantum.ico" }, { "id": "spinq", "name": "SpinQ Technology", "region": "asia", "country": "China", "countrySlug": "china", "city": "Shenzhen", "modalities": [ "superconducting" ], "leaders": "Founder Xiang Jingen", "stage": "Private; not listed as of August 2026", "summary": "Desktop NMR teaching systems, exported widely, plus a superconducting line (Ursa Major / Shaowei). Series C and D of about CNY 2 billion in the first half of 2026 were reported, with an IPO target of Hong Kong or Shenzhen around 2027. Claims that superconducting is about 65% of revenue, and that the firm is profitable, are private and unaudited. SpinQ México distributes teaching systems; it is not a Mexican hardware developer.", "scale": { "text": "Desktop NMR in 200+ institutions / 40+ countries — company claim. Revenue mix unaudited", "status": "company-asserted" }, "website": "https://www.spinq.com/", "sources": [ { "label": "SpinQ Technology", "url": "https://www.spinq.com/" }, { "label": "SpinQ about page", "url": "https://www.spinq.com/en/about-us" } ], "funding": { "text": "Series C and D of about CNY 2 billion in the first half of 2026 were reported. Profitability and revenue-mix claims are private and unaudited.", "status": "reported" }, "founded": 2018, "logo": "/assets/logos/spinq.ico" }, { "id": "turingq", "name": "TuringQ", "region": "asia", "country": "China", "countrySlug": "china", "city": "Shanghai", "modalities": [ "photonic" ], "leaders": "Spun from Shanghai Jiao Tong. Academic founder Jin Xianmin", "stage": "Private", "summary": "Described as the first dedicated Chinese photonic quantum-computing company, using lithium niobate, with a pilot production line. A January 2026 Series B valuation toward about CNY 7 billion was reported.", "website": "https://www.turingq.com/", "sources": [ { "label": "TuringQ", "url": "https://www.turingq.com/" }, { "label": "Official about page", "url": "https://www.turingq.com/about" } ], "funding": { "text": "A January 2026 Series B valuation toward about CNY 7 billion was reported.", "status": "reported" }, "logo": "/assets/logos/turingq.svg" }, { "id": "qboson", "name": "QBoson (Bose Quantum)", "region": "asia", "country": "China", "countrySlug": "china", "city": "Beijing", "modalities": [ "photonic" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Photonic and optical Ising machines aimed at dedicated applications, not a universal gate-model peer of Origin. Large 2025–26 funding rounds, including pre-IPO reports in July 2026, are flagged to verify before citing amounts.", "website": "https://www.qboson.com/", "sources": [ { "label": "QBoson (Bose Quantum)", "url": "https://www.qboson.com/" }, { "label": "Official about page", "url": "https://www.qboson.com/about" } ], "logo": "/assets/logos/qboson.ico" }, { "id": "quantumctek", "name": "QuantumCTek", "region": "asia", "country": "China", "countrySlug": "china", "city": "Hefei", "modalities": [ "qkd" ], "leaders": "USTC spinout, 2009. China Telecom became the controlling shareholder about January 2025", "stage": "STAR Market: 688027", "summary": "QKD hardware, the national quantum network, and the Tianyan quantum cloud. First Chinese listed quantum company (2020). 2025 revenue about RMB 310 million was reported, with thin profit and a first-quarter 2026 loss. Backbone distance claims should be treated as company or state-asserted.", "website": "https://www.quantum-info.com/English/", "sources": [ { "label": "QuantumCTek", "url": "https://www.quantum-info.com/English/" }, { "label": "Official about page", "url": "https://www.quantum-info.com/about/" } ], "founded": 2009, "funding": { "text": "2025 revenue about RMB 310 million was reported, with thin profit and a first-quarter 2026 loss.", "status": "reported" }, "logo": "/assets/logos/quantumctek.png" }, { "id": "ciqtek", "name": "CIQTEK", "region": "asia", "country": "China", "countrySlug": "china", "city": "Hefei", "modalities": [ "sensing" ], "leaders": "Not stated in the brief", "stage": "STAR IPO path reported", "summary": "NV-diamond spectrometers, EPR, magnetometers, and electron microscopes. 2025 revenue of about RMB 666 million was reported, mostly e-beam tools rather than pure quantum products. A supplier to the Hefei cluster.", "website": "https://www.ciqtek.com/", "sources": [ { "label": "CIQTEK", "url": "https://www.ciqtek.com/" } ], "funding": { "text": "2025 revenue of about RMB 666 million was reported, mostly e-beam tools rather than pure quantum products.", "status": "reported" } }, { "id": "qunasys", "name": "QunaSys", "region": "asia", "country": "Japan", "countrySlug": "japan", "city": "Tokyo", "modalities": [ "software" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Quantum chemistry software. Described as a leading Japanese software startup in a market otherwise dominated by conglomerates and national labs.", "website": "https://qunasys.com/", "sources": [ { "label": "QunaSys", "url": "https://qunasys.com/" }, { "label": "QunaSys company page (設立 2018年2月)", "url": "https://www.qunasys.com/company" } ], "founded": 2018, "logo": "/assets/logos/qunasys.png" }, { "id": "fujitsu", "name": "Fujitsu (with RIKEN)", "region": "asia", "country": "Japan", "countrySlug": "japan", "city": "Kawasaki / Wako", "modalities": [ "superconducting" ], "leaders": "Fujitsu quantum organisation with RIKEN Center for Quantum Computing", "stage": "Public", "summary": "Superconducting machines developed with RIKEN, plus the Digital Annealer (quantum-inspired classical). A 256-qubit system was unveiled in April 2025 and offered on the cloud in FY2025. A 1,000-qubit installation at Fujitsu Technology Park was a 2026 company target and was not verified as operational at the research cutoff. An Osaka University deployment was reported in July 2025. Qubitra Technologies, a joint venture with SC Ventures (January 2026), targets finance.", "scale": { "text": "256 qubits unveiled Apr 2025. 1,000-qubit 2026 install not verified operational. >10,000 by FY2030 is a roadmap", "status": "roadmap" }, "website": "https://www.fujitsu.com/global/about/resources/news/press-releases/2025/0422-01.html", "sources": [ { "label": "Fujitsu (with RIKEN)", "url": "https://www.fujitsu.com/global/" }, { "label": "Fujitsu and RIKEN 256-qubit announcement, 22 Apr 2025", "url": "https://www.fujitsu.com/global/about/resources/news/press-releases/2025/0422-01.html" } ], "logo": "/assets/logos/fujitsu.ico" }, { "id": "toshiba-quantum", "name": "Toshiba Quantum", "region": "asia", "country": "Japan", "countrySlug": "japan", "city": "Kawasaki", "modalities": [ "qkd" ], "leaders": "Toshiba Quantum Technology Division. Taro Shimada has been cited as Q-STAR chair", "stage": "Public (Toshiba)", "summary": "Multiplexed QKD with commercial deployments in the UK, Japan, and elsewhere. Grouped by the brief with ID Quantique and QuantumCTek as a world-class QKD vendor.", "website": "https://www.global.toshiba/ww/products-solutions/security-ict/qkd.html", "sources": [ { "label": "Toshiba Quantum", "url": "https://www.global.toshiba/ww/products-solutions/security-ict/qkd.html" } ], "logo": "/assets/logos/toshiba-quantum.png", "founded": 1999 }, { "id": "optqc", "name": "OptQC", "region": "asia", "country": "Japan", "countrySlug": "japan", "city": "Tokyo", "modalities": [ "photonic" ], "leaders": "Not stated in the brief", "stage": "Startup", "summary": "Optical quantum computing, with Series A funding and government support, and a deep NTT partnership from August 2026. A 100-qubit commercial system by March 2026 was a company target to verify. Larger figures — 10,000 qubits around 2027 and one million by 2030 — are company-asserted and described as highly aspirational.", "scale": { "text": "100-qubit commercial target by Mar 2026 (verify delivery); 1M-qubit by 2030 aspirational", "status": "company-asserted" }, "website": "https://www.optqc.com/", "sources": [ { "label": "OptQC", "url": "https://www.optqc.com/" }, { "label": "OptQC company timeline", "url": "https://www.optqc.com/en/company" } ], "founded": 2024, "funding": { "text": "Company timeline lists a ¥650 million seed round in January 2025. A Series A was not verified on that page.", "status": "company-asserted" }, "logo": "/assets/logos/optqc.jpg" }, { "id": "nec", "name": "NEC", "region": "asia", "country": "Japan", "countrySlug": "japan", "city": "Tokyo", "modalities": [ "superconducting", "annealing" ], "leaders": "NEC R&D", "stage": "Public", "summary": "Historical first solid-state qubit demonstration in 1999. Continues superconducting research and sells vector annealing for optimisation. Smaller public qubit scale than Fujitsu.", "website": "https://www.nec.com/", "sources": [ { "label": "NEC", "url": "https://www.nec.com/" } ] }, { "id": "kqc", "name": "Korea Quantum Computing", "region": "asia", "country": "South Korea", "countrySlug": "south-korea", "city": "Busan", "modalities": [ "software" ], "leaders": "Founder and CEO Joon Young Kim", "stage": "Private", "summary": "IBM Quantum Network hub and hybrid cloud access for Korean enterprises, plus the KQC Qubiteer quantum-AI platform. Not an indigenous QPU maker at scale. The brief did not verify a major firm called QuantaLab.", "website": "https://www.kqchub.com/", "sources": [ { "label": "Korea Quantum Computing", "url": "https://www.kqchub.com/" }, { "label": "Official page", "url": "https://www.kqchub.com/newsroom" } ], "logo": "/assets/logos/kqc.png" }, { "id": "sk-telecom", "name": "SK Telecom", "region": "asia", "country": "South Korea", "countrySlug": "south-korea", "city": "Seoul", "modalities": [ "qkd" ], "leaders": "SKT quantum strategy team", "stage": "Public", "summary": "QKD and QRNG on the telecom network, plus an equity partnership with IonQ. The brief describes SKT as the primary commercial quantum-computing access channel for Korean enterprises. Not a QPU vendor.", "website": "https://news.sktelecom.com/en/tag/quantum", "sources": [ { "label": "SK Telecom", "url": "https://www.sktelecom.com/" }, { "label": "SK Telecom newsroom — quantum", "url": "https://news.sktelecom.com/en/tag/quantum" } ], "logo": "/assets/logos/sk-telecom.png" }, { "id": "samsung", "name": "Samsung Electronics", "region": "asia", "country": "South Korea", "countrySlug": "south-korea", "city": "Suwon / Seoul", "modalities": [ "pqc" ], "leaders": "Samsung Research; Samsung SDS quantum cryptography division", "stage": "Public", "summary": "Post-quantum cryptography in consumer devices (Galaxy S25 narrative) and a CES 2026 security-chip story. Possible future foundry role for cryogenic or quantum chips is not a current QPU business. The brief is explicit: not yet a QPU vendor.", "website": "https://www.samsung.com/", "sources": [ { "label": "Samsung Electronics", "url": "https://www.samsung.com/" }, { "label": "Samsung Research — post-quantum cryptography for cellular networks", "url": "https://research.samsung.com/blog/Transitioning-Cellular-networks-towards-Post-Quantum-Cryptography" }, { "label": "Samsung Knox quantum-safe note", "url": "https://news.samsung.com/global/the-first-step-to-a-quantum-safe-future-with-samsung-knox" } ] }, { "id": "qpiai", "name": "QpiAI", "region": "asia", "country": "India", "countrySlug": "india", "city": "Bengaluru", "modalities": [ "superconducting" ], "leaders": "Founder and CEO Nagendra Nagaraja", "stage": "Private", "summary": "India’s leading hardware startup in the brief, pairing a superconducting processor with an AI-quantum software stack. A roadmap toward 64 qubits appears in secondary sources and is unverified.", "scale": { "text": "Indus ~25 qubits, company-asserted", "status": "company-asserted" }, "website": "https://www.qpiai.tech/", "sources": [ { "label": "QpiAI", "url": "https://www.qpiai.tech/" }, { "label": "Official about page", "url": "https://www.qpiai.tech/about" } ], "logo": "/assets/logos/qpiai.ico" }, { "id": "qnu-labs", "name": "QNu Labs", "region": "asia", "country": "India", "countrySlug": "india", "city": "Bengaluru", "modalities": [ "qkd", "pqc" ], "leaders": "Co-founder and CEO Sunil Gupta", "stage": "Private", "summary": "India’s leading quantum-secure communications vendor in the brief: QKD, PQC, and QRNG. Army and SBI deployments were reported. A long QKD demonstration under the National Quantum Mission was highlighted by DST; distance and metrics should be checked against primary sources.", "website": "https://www.qnulabs.com/", "sources": [ { "label": "QNu Labs", "url": "https://www.qnulabs.com/" }, { "label": "Official about page", "url": "https://www.qnulabs.com/about-us" } ], "logo": "/assets/logos/qnu-labs.png" }, { "id": "bosonq-psi", "name": "BosonQ Psi", "region": "asia", "country": "India", "countrySlug": "india", "city": "Bengaluru (US ties)", "modalities": [ "software" ], "leaders": "Founder and CTO Rut Lineswala (widely cited)", "stage": "Private", "summary": "Quantum simulation for engineering, including CFD and CAE. Described as the first Indian startup in the IBM Quantum Network.", "website": "https://www.bosonqpsi.com/", "sources": [ { "label": "BosonQ Psi", "url": "https://www.bosonqpsi.com/" }, { "label": "BosonQ Psi about page", "url": "https://www.bosonqpsi.com/about" } ], "funding": { "text": "The company about page lists a $5 million oversubscribed seed round. No date for that round was on the page.", "status": "company-asserted" }, "logo": "/assets/logos/bosonq-psi.svg" }, { "id": "horizon-quantum", "name": "Horizon Quantum Computing", "region": "asia", "country": "Singapore", "countrySlug": "singapore", "city": "Singapore and Dublin", "modalities": [ "software" ], "leaders": "Founder and CEO Joe Fitzsimons", "stage": "Nasdaq: HQ, via SPAC, March 2026", "summary": "Hardware-agnostic software (Triple Alpha) that also owns and operates a quantum testbed. About US$120 million raised, cited in a government speech. First quantum software company described as owning a quantum computer in Singapore. Heavy hiring from CQT and NTU.", "website": "https://www.horizonquantum.com/", "sources": [ { "label": "Horizon Quantum Computing", "url": "https://www.horizonquantum.com/" }, { "label": "Horizon Quantum about page", "url": "https://www.horizonquantum.com/about" } ], "funding": { "text": "About US$120 million raised, cited in a government speech. Nasdaq listing via SPAC, March 2026.", "status": "reported" }, "founded": 2018, "logo": "/assets/logos/horizon-quantum.ico" }, { "id": "speqtral", "name": "SpeQtral", "region": "asia", "country": "Singapore", "countrySlug": "singapore", "city": "Singapore", "modalities": [ "qkd" ], "leaders": "Co-founder and CEO Chune Yang Lum", "stage": "Private", "summary": "Satellite and space QKD. Partnerships with SES and Thales Alenia Space were reported.", "website": "https://speqtralquantum.com/", "sources": [ { "label": "SpeQtral", "url": "https://speqtralquantum.com/" }, { "label": "Official about page", "url": "https://speqtralquantum.com/about" } ], "logo": "/assets/logos/speqtral.png" }, { "id": "entropica", "name": "Entropica Labs", "region": "asia", "country": "Singapore", "countrySlug": "singapore", "city": "Singapore", "modalities": [ "software" ], "leaders": "Co-founders Tommaso Demarie and Ewan Munro, with Joaquin Keller", "stage": "Private", "summary": "Quantum software, error mitigation, and algorithms, with CQT lineage. A Quantinuum startup partner. Collaborates with the Singapore Quantinuum centre.", "website": "https://entropicalabs.com/", "sources": [ { "label": "Entropica Labs", "url": "https://entropicalabs.com/" }, { "label": "Official page", "url": "https://entropicalabs.com/news/" } ], "logo": "/assets/logos/entropica.ico" }, { "id": "quantum-machines", "name": "Quantum Machines", "region": "asia", "country": "Israel", "countrySlug": "israel", "city": "Tel Aviv; office in Talence, France", "modalities": [ "control" ], "leaders": "Co-founder and CEO Itamar Sivan", "stage": "Private", "summary": "Quantum control electronics (OPX+ pulse processor), deployed with superconducting and ion vendors and labs worldwide. Described as Israel’s largest quantum company by reach. Owns the QDevil product line. Primary profile is Israel, not Europe.", "website": "https://www.quantum-machines.co/", "sources": [ { "label": "Quantum Machines", "url": "https://www.quantum-machines.co/" }, { "label": "Quantum Machines Series A note (2020)", "url": "https://www.quantum-machines.co/blog/quantum-machines-raises-17-5m-as-it-powers-the-global-quantum-computing-race/" }, { "label": "Quantum Machines Series C", "url": "https://www.quantum-machines.co/press-release/quantum-machines-raises-170-million-in-series-c-funding/" } ], "founded": 2018, "funding": { "text": "$170 million Series C on 25 February 2025, which the company said brought total funding to $280 million.", "status": "company-asserted" }, "logo": "/assets/logos/quantum-machines.webp" }, { "id": "classiq", "name": "Classiq", "region": "asia", "alsoRegions": [ "north-america", "europe" ], "country": "Israel", "countrySlug": "israel", "city": "Tel Aviv", "modalities": [ "software" ], "leaders": "Co-founders Nir Minerbi (CEO), Amir Naveh, and Yehuda Naveh", "stage": "Private", "summary": "High-level quantum circuit synthesis for enterprise users in finance and pharma, with CUDA-Q integration. US commercial presence; some EU staff. Not a US-headquartered company.", "website": "https://www.classiq.io/", "sources": [ { "label": "Classiq", "url": "https://www.classiq.io/" }, { "label": "Classiq about page", "url": "https://www.classiq.io/about-us" }, { "label": "Classiq Series C", "url": "https://www.classiq.io/insights/classiq-raises-110m-in-largest-ever-quantum-software-funding-round" } ], "founded": 2020, "funding": { "text": "$110 million Series C announced 12 May 2025, which the company said brought total funding to $173 million. A 13 November 2025 strategic up-round of “tens of millions” brought cumulative funding to over $200 million.", "status": "company-asserted" }, "logo": "/assets/logos/classiq.png" }, { "id": "qedma", "name": "Qedma", "region": "asia", "country": "Israel", "countrySlug": "israel", "city": "Tel Aviv", "modalities": [ "software" ], "leaders": "Co-founders Asif Sinay (CEO), Dorit Aharonov, and Netanel Lindner", "stage": "Private", "summary": "Error mitigation and suppression software, hardware-agnostic, with an IBM commercial partnership.", "website": "https://www.qedma.com/", "sources": [ { "label": "Qedma", "url": "https://www.qedma.com/" }, { "label": "Official about page", "url": "https://www.qedma.com/about/" } ], "logo": "/assets/logos/qedma.png" }, { "id": "quantum-source", "name": "Quantum Source", "region": "asia", "country": "Israel", "countrySlug": "israel", "city": "Tel Aviv area", "modalities": [ "photonic" ], "leaders": "Co-founder and CEO Oded Melamed", "stage": "Private", "summary": "Photonic quantum computing via atom–photon gates. A calibration-free single-atom entangled photon source demonstration with DDR&D was reported.", "website": "https://www.qs-labs.com/", "sources": [ { "label": "Quantum Source", "url": "https://www.qs-labs.com/" }, { "label": "Quantum Source about page", "url": "https://www.qs-labs.com/about-us" }, { "label": "Series A release, 10 Sep 2024", "url": "https://www.prnewswire.com/news-releases/quantum-source-raises-50m-series-a-funding-to-make-scalable-useful-quantum-computing-a-reality-302243714.html" } ], "founded": 2021, "funding": { "text": "About page: total raised $77 million. A 10 September 2024 release described a $50 million Series A led by Eclipse, taking the total over $77 million.", "status": "company-asserted" }, "headcount": { "text": "67 people, including 5 professors and 30 with a PhD or postdoctoral background, as stated on the company about page.", "status": "company-asserted" }, "logo": "/assets/logos/quantum-source.ico" }, { "id": "quantum-art", "name": "Quantum Art", "region": "asia", "country": "Israel", "countrySlug": "israel", "city": "Ness Ziona / Rehovot area", "modalities": [ "trapped-ion" ], "leaders": "Co-founders Tal David, Amit Ben Kish, and Roee Ozeri", "stage": "Private", "summary": "Trapped-ion hardware with government contracts and adjacency to the Weizmann Institute. Earlier-stage than Israel’s control and software leaders, and treated as credible in the brief.", "website": "https://www.quantum-art.tech/", "sources": [ { "label": "Quantum Art", "url": "https://www.quantum-art.tech/" }, { "label": "Quantum Art news", "url": "https://www.quantum-art.tech/news" }, { "label": "Quantum Art team page", "url": "https://www.quantum-art.tech/team" } ], "funding": { "text": "Company news index: $100 million Series A on 10 December 2025, extended to $140 million on 27 April 2026.", "status": "company-asserted" }, "founded": 2022, "logo": "/assets/logos/quantum-art.png" }, { "id": "quamcore", "name": "QuamCore", "region": "asia", "country": "Israel", "countrySlug": "israel", "city": "Haifa", "modalities": [ "superconducting" ], "leaders": "Not stated in the brief", "stage": "Private", "summary": "Superconducting architecture aimed at high qubit density in one cryostat. Emerged from stealth around March 2025 with a reported seed of about $9 million. Technion adjacency.", "website": "https://www.quamcore.com/", "sources": [ { "label": "QuamCore", "url": "https://www.quamcore.com/" } ], "funding": { "text": "Emerged from stealth around March 2025 with a reported seed of about $9 million.", "status": "reported" }, "logo": "/assets/logos/quamcore.svg" }, { "id": "huawei-quantum", "name": "Huawei Cloud Quantum", "region": "asia", "country": "China", "countrySlug": "china", "city": "Shenzhen", "modalities": [ "software" ], "leaders": "Huawei Cloud", "stage": "Public parent", "summary": "Software and simulators (HiQ historically; MindSpore Quantum / MindQuantum). No public hardware programme as of 2026. The public HiQ cloud domain was reported dead since about 2024. Open-source MindQuantum remains. Included so the directory does not imply an active Huawei processor.", "website": "https://github.com/mindspore-ai/mindquantum", "sources": [ { "label": "Huawei Cloud Quantum", "url": "https://github.com/mindspore-ai/mindquantum" } ] }, { "id": "quati", "name": "QuaTI", "region": "south-america", "country": "Brazil", "countrySlug": "brazil", "city": "São Carlos, Bauru, and São Paulo", "modalities": [ "software" ], "leaders": "Co-founders Felipe F. Fanchini (Unesp), Marcos César de Oliveira (Unicamp), and Luiz Gustavo E. Arruda", "stage": "Academic spin-out", "summary": "Quantum and quantum-inspired algorithms, optimisation, open-system dynamics, and training. Showcased in the ITU/TQI Quantum World Tour Brazil in November 2025. Part of a private sector the brief calls small and software-heavy.", "website": "https://www.quati.tech/", "sources": [ { "label": "QuaTI", "url": "https://www.quati.tech/" }, { "label": "QuaTI contact page", "url": "https://www.quati.tech/contato" } ], "logo": "/assets/logos/quati.png" }, { "id": "kryptus", "name": "Kryptus", "region": "south-america", "country": "Brazil", "countrySlug": "brazil", "city": "Campinas", "modalities": [ "pqc" ], "leaders": "CEO and founder Roberto Gallo", "stage": "Private (20+ years)", "summary": "Cybersecurity firm, not a qubit vendor. Hardware security modules and post-quantum products, including a portable KeyGuardian device and kNET HSM. NIST CAVP listings exist.", "website": "https://www.kryptus.com/", "sources": [ { "label": "Kryptus", "url": "https://www.kryptus.com/" } ] }, { "id": "quantuloop", "name": "Quantuloop", "region": "south-america", "country": "Brazil", "countrySlug": "brazil", "city": "Florianópolis (UFSC ecosystem)", "modalities": [ "software" ], "leaders": "Co-founder Evandro Chagas Ribeiro da Rosa (creator of Ket)", "stage": "Private", "summary": "Open-source Ket quantum programming platform, plus consulting and training. Reported to be developing an operating system for a CBPF superconducting effort. Listed as a QuIIN technology-association partner in secondary sources.", "website": "https://quantuloop.com/", "sources": [ { "label": "Quantuloop", "url": "https://quantuloop.com/" }, { "label": "Official about page", "url": "https://quantuloop.com/about/" } ], "logo": "/assets/logos/quantuloop.svg" }, { "id": "dobslit", "name": "Dobslit", "region": "south-america", "country": "Brazil", "countrySlug": "brazil", "city": "São Carlos, SP", "modalities": [ "other" ], "leaders": "Not stated in the brief", "stage": "Early commercial", "summary": "Second-generation quantum-technology services. Deployment partner for SpinQ educational systems at SENAI-SP and Firjan SENAI DigiTech in Rio, including a Triangulum II unit noted by Agência Brasil. Not a domestic QPU manufacturer.", "website": "https://dobslit.com/en/", "sources": [ { "label": "Dobslit", "url": "https://dobslit.com/en/" }, { "label": "Dobslit — the company", "url": "https://dobslit.com/en/the-company/" } ] }, { "id": "quantum-south", "name": "Quantum-South", "region": "south-america", "country": "Uruguay", "countrySlug": "uruguay", "city": "Montevideo", "modalities": [ "software" ], "leaders": "Co-founders Rafael Sotelo and Martin Machin. Team includes Mateo Stipanicic and Laura Gatti", "stage": "Private, founded 2019", "summary": "Quantum and hybrid optimisation for air and maritime cargo, grown from Universidad de Montevideo and the Airbus Quantum Computing Challenge. States membership in the IBM Quantum Network and the Microsoft Quantum Network. The brief calls this Uruguay’s quantum industry: one serious software company. Sotelo co-organised Quantum Hackathon Latam 2025.", "website": "https://quantum-south.com/", "sources": [ { "label": "Quantum-South", "url": "https://quantum-south.com/" }, { "label": "Official about page", "url": "https://quantum-south.com/about-us/" } ], "founded": 2019, "logo": "/assets/logos/quantum-south.png" }, { "id": "sqc", "name": "Silicon Quantum Computing", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Sydney", "modalities": [ "silicon" ], "leaders": "Founder and CEO Michelle Simmons. Chair Simon Segars (former Arm CEO)", "stage": "Private (UNSW spinout, 2017)", "summary": "Phosphorus-in-silicon donor qubits made with atomic-precision STM manufacturing. DARPA QBI Stage B. NRFC equity of A$20 million (24 March 2026) plus A$40 million (11 June 2026). Founding consortium included the Commonwealth, NSW, UNSW, Telstra, and CBA. Aggregate “$200 million+” totals in directories are unverified. An ASCA defence contract covers a sovereign quantum-enhanced machine-learning processor.", "scale": { "text": "Two-qubit fidelities up to 99.99% claimed (Dec 2025)", "status": "company-asserted" }, "website": "https://sqc.com/", "sources": [ { "label": "Silicon Quantum Computing", "url": "https://sqc.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "founded": 2017, "funding": { "text": "NRFC equity of A$20 million (24 March 2026) plus A$40 million (11 June 2026). Aggregate “$200 million+” directory totals are unverified.", "status": "reported" }, "logo": "/assets/logos/sqc.png" }, { "id": "diraq", "name": "Diraq", "region": "oceania", "alsoRegions": [ "north-america" ], "country": "Australia", "countrySlug": "australia", "city": "Sydney; US ops cited in Palo Alto, Boston, Chicago", "modalities": [ "silicon" ], "leaders": "Founder and CEO Andrew Dzurak", "stage": "Private (UNSW spinout, 2022)", "summary": "CMOS quantum-dot spin qubits on a foundry-compatible path. DARPA QBI Stage B. NRFC equity of A$20 million. Headcount cited at 70+ in Sydney at the NRFC announcement. US CHIPS equity-award engagement was reported and should be checked against final Commerce awards. A system capable of quantum advantage was targeted around 2029.", "scale": { "text": ">99% two-qubit fidelity on industrially fabricated devices (late 2025, company/secondary). Advantage target ~2029", "status": "company-asserted" }, "website": "https://www.diraq.com/", "sources": [ { "label": "Diraq", "url": "https://www.diraq.com/" }, { "label": "DARPA QBI Stage B selection (6 Nov 2025)", "url": "https://www.darpa.mil/research/programs/quantum-benchmarking-initiative/stage-b-selection" } ], "founded": 2022, "funding": { "text": "NRFC equity of A$20 million. US CHIPS equity-award engagement was reported and should be checked against final Commerce awards.", "status": "reported" }, "headcount": { "text": "70+ in Sydney, cited at the NRFC announcement.", "status": "reported" }, "logo": "/assets/logos/diraq.png" }, { "id": "q-ctrl", "name": "Q-CTRL", "region": "oceania", "alsoRegions": [ "north-america" ], "country": "Australia", "countrySlug": "australia", "city": "Sydney; US offices in Los Angeles and San Francisco", "modalities": [ "software", "sensing" ], "leaders": "Founder and CEO Michael J. Biercuk", "stage": "Private", "summary": "Quantum control and error-suppression software (Boulder Opal, Fire Opal) plus Ironstone Opal navigation for GPS-denied settings. Series B expanded to US$113 million (about A$166 million) in October 2024, led by GP Bullhound. Member of the Australian Quantum Software Network.", "website": "https://q-ctrl.com/", "sources": [ { "label": "Q-CTRL", "url": "https://q-ctrl.com/" }, { "label": "Official about page", "url": "https://q-ctrl.com/about" } ], "funding": { "text": "Series B expanded to US$113 million (about A$166 million) in October 2024, led by GP Bullhound.", "status": "reported" }, "founded": 2017, "logo": "/assets/logos/q-ctrl.svg" }, { "id": "quantum-brilliance", "name": "Quantum Brilliance", "region": "oceania", "alsoRegions": [ "europe" ], "country": "Australia", "countrySlug": "australia", "city": "Australia (Sydney office; Canberra heritage) and Stuttgart, Germany", "modalities": [ "other", "sensing" ], "leaders": "CEO Mark Luo. CTO and co-founder Marcus Doherty. Andrew Horsley appears in early co-founder bios; the company About page is the brief’s source for current CEO/CTO", "stage": "Private", "summary": "Room-temperature diamond NV accelerators and sensing chips, without a dilution refrigerator. Pawsey install in 2022. In 2025, a cluster of three QB-QDK2.0 units at Oak Ridge, and a European accelerator with Fraunhofer IAF. Series A of US$20 million in January 2025. Funding aggregates beyond disclosed rounds conflict and are unverified. Diamond-foundry activity in Melbourne was reported.", "website": "https://quantumbrilliance.com/", "sources": [ { "label": "Quantum Brilliance", "url": "https://quantumbrilliance.com/" }, { "label": "Official about page", "url": "https://quantumbrilliance.com/about-us/" } ], "funding": { "text": "Series A of US$20 million in January 2025. Funding aggregates beyond disclosed rounds conflict and are unverified.", "status": "reported" }, "founded": 2019, "logo": "/assets/logos/quantum-brilliance.png", "scale": { "text": "Brief: Pawsey room-temperature install in 2022; a cluster of three QB-QDK2.0 units at Oak Ridge in 2025; a European accelerator with Fraunhofer IAF. Qubit count per module is not stated.", "status": "reported" } }, { "id": "quintessencelabs", "name": "QuintessenceLabs", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Canberra", "modalities": [ "qkd", "pqc" ], "leaders": "Founder and CEO Vikram Sharma", "stage": "Private, founded 2008", "summary": "Quantum cybersecurity: quantum random-number generators, key management, and quantum-safe communications for government and enterprise. About A$20 million raised in March 2025, with the NRFC leading A$15 million. A revenue business, unlike many pre-revenue hardware peers.", "website": "https://www.quintessencelabs.com/", "sources": [ { "label": "QuintessenceLabs", "url": "https://www.quintessencelabs.com/" }, { "label": "Official about page", "url": "https://www.quintessencelabs.com/about-us" } ], "founded": 2008, "funding": { "text": "About A$20 million raised in March 2025, with the NRFC leading A$15 million.", "status": "reported" }, "logo": "/assets/logos/quintessencelabs.webp" }, { "id": "archer", "name": "Archer Materials", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Adelaide", "modalities": [ "other" ], "leaders": "Executive chairman Greg English. CEO Simon Ruffell was reported from March 2025; verify current ASX disclosures. Mohammad Choucair exited around 2024", "stage": "Public (ASX: AXE)", "summary": "12CQ carbon-based, room-temperature qubit-chip concept aimed at semiconductor-process compatibility, plus biochip and sensing programmes. A single-qubit proof-of-function around mid/Q3 2026 was company guidance, not a completed milestone at cutoff.", "scale": { "text": "Single-qubit proof-of-function targeted around mid/Q3 2026 — guidance, not demonstrated at cutoff", "status": "roadmap" }, "website": "https://www.archerx.com.au/", "sources": [ { "label": "Archer Materials", "url": "https://www.archerx.com.au/" }, { "label": "Official about page", "url": "https://www.archerx.com.au/about" } ], "logo": "/assets/logos/archer.png" }, { "id": "iceberg", "name": "Iceberg Quantum", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Sydney", "modalities": [ "software" ], "leaders": "Founded 2024 from the EQS research community", "stage": "Private", "summary": "Quantum error correction, including a qLDPC architecture (Pinnacle) with a lower-overhead thesis versus the surface code. Seed of US$6 million led by LocalGlobe. Collaborations cited with PsiQuantum, Diraq, and IonQ.", "website": "https://www.iceberg-quantum.com/", "sources": [ { "label": "Iceberg Quantum", "url": "https://www.iceberg-quantum.com/" }, { "label": "Official page", "url": "https://www.iceberg-quantum.com/blog" } ], "founded": 2024, "funding": { "text": "Seed of US$6 million led by LocalGlobe.", "status": "reported" }, "logo": "/assets/logos/iceberg.png" }, { "id": "emergence", "name": "Emergence Quantum", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Sydney", "modalities": [ "control" ], "leaders": "Former Microsoft Quantum hardware leaders; University of Sydney partnership", "stage": "Private, commercial launch ~2025", "summary": "Control electronics, cryogenic packaging, and superconducting amplifiers — described as missing infrastructure. An AEA grant of about A$1.94 million for amplifier manufacturing and packaging was reported.", "website": "https://emergencequantum.com/", "sources": [ { "label": "Emergence Quantum", "url": "https://emergencequantum.com/" }, { "label": "Official page", "url": "https://emergencequantum.com/who-we-are" } ], "funding": { "text": "An AEA grant of about A$1.94 million for amplifier manufacturing and packaging was reported.", "status": "reported" }, "logo": "/assets/logos/emergence.png" }, { "id": "analog-quantum-circuits", "name": "Analog Quantum Circuits", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Brisbane", "modalities": [ "superconducting" ], "leaders": "Not stated in the brief", "stage": "Research spinout", "summary": "Superconducting components, including parametric amplifiers and microwave devices, for the Brisbane cluster. Not a full-stack QPU vendor.", "website": "https://www.aqcircuits.com/", "sources": [ { "label": "Analog Quantum Circuits", "url": "https://www.aqcircuits.com/" }, { "label": "AQC news", "url": "https://www.aqcircuits.com/news" }, { "label": "ABN registration (active from 13 Oct 2021)", "url": "https://abr.business.gov.au/ABN/View?id=33654462558" } ], "founded": 2021, "funding": { "text": "Uniseed committed $3 million, announced on the company news page on 11 October 2022.", "status": "company-asserted" }, "logo": "/assets/logos/analog-quantum-circuits.png" }, { "id": "quantx", "name": "QuantX Labs", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Adelaide", "modalities": [ "sensing" ], "leaders": "University of Adelaide lineage (2016)", "stage": "Private", "summary": "Precision timing, optical and sapphire clocks, and quantum sensing for defence and critical infrastructure.", "website": "https://www.quantxlabs.com/", "sources": [ { "label": "QuantX Labs", "url": "https://www.quantxlabs.com/" }, { "label": "Official about page", "url": "https://www.quantxlabs.com/about/" } ], "founded": 2016, "logo": "/assets/logos/quantx.svg" }, { "id": "deteqt", "name": "DeteQt", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Sydney", "modalities": [ "sensing" ], "leaders": "University of Sydney spinout", "stage": "Private", "summary": "Diamond-on-silicon NV magnetometers for navigation, minerals, and medical uses. An ADF contract and an A$5 million seed in April 2026 led by Main Sequence.", "website": "https://deteqt.tech/", "sources": [ { "label": "DeteQt", "url": "https://deteqt.tech/" }, { "label": "Official about page", "url": "https://deteqt.tech/about" } ], "funding": { "text": "An A$5 million seed in April 2026 led by Main Sequence.", "status": "reported" }, "logo": "/assets/logos/deteqt.png" }, { "id": "nomad-atomics", "name": "Nomad Atomics", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Melbourne", "modalities": [ "sensing" ], "leaders": "Founded 2020", "stage": "Private", "summary": "Compact cold-atom gravimeters, magnetometers, and clocks for mineral exploration and defence.", "website": "https://www.nomadatomics.com/", "sources": [ { "label": "Nomad Atomics", "url": "https://www.nomadatomics.com/" }, { "label": "Official about page", "url": "https://www.nomadatomics.com/about-us" } ], "founded": 2020, "logo": "/assets/logos/nomad-atomics.png" }, { "id": "eigensystems", "name": "Eigensystems", "region": "oceania", "country": "Australia", "countrySlug": "australia", "city": "Sydney", "modalities": [ "software" ], "leaders": "Simon Devitt and Chris Ferrie (UTS)", "stage": "Private", "summary": "Quantum education company and member of the Australian Quantum Software Network. Quokka is a 30-qubit emulator (Kickstarter; Good Design Award 2024). Not a quantum processor.", "scale": { "text": "Quokka emulates 30 qubits on classical hardware", "status": "reported" }, "website": "https://eigensystems.com.au/", "sources": [ { "label": "Eigensystems", "url": "https://eigensystems.com.au/" }, { "label": "Official about page", "url": "https://eigensystems.com.au/about" } ], "logo": "/assets/logos/eigensystems.svg" }, { "id": "ustc-quantum", "name": "USTC quantum groups (Jiuzhang / Zuchongzhi)", "region": "asia", "country": "China", "countrySlug": "china", "city": "Hefei", "modalities": [ "photonic", "superconducting" ], "leaders": "Pan Jianwei and Lu Chaoyang groups, widely cited", "stage": "Academic research, not a commercial product", "summary": "Scientific anchor of the Hefei cluster and the lineage behind spinouts Origin Quantum, QuantumCTek, and CIQTEK. Jiuzhang 4.0 (Nature, May 2026) is a Gaussian boson sampling result — 1,024 squeezed inputs, 8,176 modes, up to 3,050 photon detections were lab-asserted — and advantage claims are contested. Zuchongzhi 3.0/3.2 (2025) is a ~105–107 qubit superconducting research system; a surface-code distance-7 logical qubit below threshold was reported in December 2025. Peer-reviewed research, not a product.", "scale": { "text": "Zuchongzhi ~105–107 superconducting qubits (2025 research). Jiuzhang 4.0 is boson sampling, not a gate-model QPU", "status": "reported" }, "website": "https://quantum.ustc.edu.cn/web/", "sources": [ { "label": "USTC Division of Quantum Physics and Quantum Information", "url": "https://quantum.ustc.edu.cn/web/" } ], "founded": null, "logo": "/assets/logos/ustc-quantum.png" }, { "id": "baqis", "name": "Beijing Academy of Quantum Information Sciences", "region": "asia", "country": "China", "countrySlug": "china", "city": "Beijing", "modalities": [ "other" ], "leaders": "State research institute", "stage": "Public research institute", "summary": "State institute in Beijing. The Asia brief says it absorbed Baidu’s quantum lab in January 2024, after Baidu donated the former Qian Shi superconducting effort. Not a commercial QPU vendor.", "website": "https://baqis.ac.cn/", "sources": [ { "label": "BAQIS", "url": "https://baqis.ac.cn/" }, { "label": "Official about page", "url": "https://baqis.ac.cn/about/" } ], "logo": "/assets/logos/baqis.ico" }, { "id": "tencent-quantum", "name": "Tencent Quantum Lab", "region": "asia", "country": "China", "countrySlug": "china", "city": "Shenzhen", "modalities": [ "software" ], "leaders": "Tencent research", "stage": "Corporate research lab", "summary": "Algorithms, error correction, TensorCircuit, and quantum–AI research. The brief describes an active software and research effort with no public full-stack hardware, and collaborations with Peking University, USTC, and Origin cited in secondary sources.", "website": "https://quantum.tencent.com/", "sources": [ { "label": "Tencent Quantum Lab", "url": "https://quantum.tencent.com/" }, { "label": "Official about page", "url": "https://quantum.tencent.com/about" } ], "logo": "/assets/logos/tencent-quantum.ico" }, { "id": "china-telecom-quantum", "name": "China Telecom Quantum Group", "region": "asia", "country": "China", "countrySlug": "china", "city": "China", "modalities": [ "qkd" ], "leaders": "China Telecom subsidiary", "stage": "State-owned carrier quantum group", "summary": "Wholly owned quantum group of China Telecom. QuantumCTek’s own English profile says the listed company is held by China Telecom Quantum Group. The Asia brief dates the controlling stake at about January 2025 and groups China Telecom with Mobile and Unicom as carrier QKD operators. Not a separate gate-model computer maker in the brief.", "website": "https://www.chinatelecomglobal.com/", "sources": [ { "label": "QuantumCTek company profile (states the China Telecom Quantum Group holding)", "url": "https://www.quantum-info.com/English/about/" }, { "label": "China Telecom Global", "url": "https://www.chinatelecomglobal.com/" } ], "logo": "/assets/logos/china-telecom-quantum.png" }, { "id": "baidu-quantum", "name": "Baidu Quantum (exited)", "region": "asia", "country": "China", "countrySlug": "china", "city": "Beijing", "modalities": [ "superconducting" ], "leaders": "Former Baidu research effort", "stage": "Hardware programme inactive", "summary": "Former Qian Shi superconducting effort, about 10 qubits, announced August 2022. The lab was donated to BAQIS in January 2024. The Asia brief is explicit: do not treat this as an active hardware programme.", "scale": { "text": "Qian Shi ~10 superconducting qubits (Aug 2022), then donated; not an active product", "status": "reported" }, "website": "https://research.baidu.com/", "sources": [ { "label": "Baidu Research", "url": "https://research.baidu.com/" }, { "label": "Official about page", "url": "https://research.baidu.com/about" } ] }, { "id": "alibaba-damo-quantum", "name": "Alibaba DAMO Quantum (exited)", "region": "asia", "country": "China", "countrySlug": "china", "city": "Hangzhou", "modalities": [ "superconducting" ], "leaders": "Former DAMO Academy lab", "stage": "Lab closed November 2023", "summary": "DAMO Academy quantum lab. The Asia brief says the lab closed in November 2023 and equipment was donated to Zhejiang University. No active Aliyun quantum hardware cloud. Listed so the directory does not imply an ongoing Alibaba processor.", "website": "https://damo.alibaba.com/", "sources": [ { "label": "Alibaba DAMO Academy", "url": "https://damo.alibaba.com/" }, { "label": "Official about page", "url": "https://damo.alibaba.com/about" } ], "logo": "/assets/logos/alibaba-damo-quantum.png" } ]