Q-CTRL

company

About

Advanced, intuitive and scalable quantum control engineering solutions.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$15M
Industries
Information Services,Information Technology,Quantum Computing,Software,Software Engineering
Founded date
Oct 18, 2017
Number Of Employee
51 - 100
Operating Status
Active

Quantum technology is likely to be as transformational in the 21st century as harnessing electricity was in the 19th. It promises to deliver revolutionary capabilities in computing, communications, and defence. Q-CTRL is building a new quantum technology industry by overcoming the fundamental challenge in the field – hardware error and instability. And as Australia’s first venture-capital-backed quantum technology company, Q-CTRL is delivering jobs and prosperity by leading a global field.

Q-CTRL’s quantum control infrastructure software for R&D professionals and quantum computing end users provides a unique capability accelerating the pathway to the first useful quantum computers. This foundational technology underpins Q-CTRL’s development of novel “Software-defined” quantum sensors for defence, intelligence, navigation, and earth observation.

Q-CTRL has assembled the world’s foremost team of expert quantum-control engineers, providing solutions to global quantum technology leaders including Universities, National Labs, and quantum technology industry partners. Q-CTRL is an inaugural member of the IBM Quantum Startup network since 2018, and recently announced a partnership with Transport for NSW - delivering its enterprise infrastructure software to transport data scientists exploring quantum computing. Q-CTRL is a World Economic Forum Global Innovator, and is a member of the Quantum Economic Development Consortium, US Geospatial Intelligence Foundation, and the Tech Council of Australia.

Q-CTRL is the recipient of Modern Manufacturing Initiative, Moon-to-Mars Supply Chain, and Next Generation Technology Fund awards. Q-CTRL was selected among the Top 10 Most Innovative Tech Companies in Australia by the Australian Financial Review, and has been featured in The Economist, Forbes, Wired, Gizmodo, and more.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$15M
Q-CTRL has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on Sep 10, 2019 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 10, 2019 Series A $15M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Q-CTRL is funded by 1 investors. Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Sequoia Capital Series A