Quantum Reports

Startups

81 companies building quantum products. Who they are, how much they raised, and who backed them.

81companies
$11.8Btotal funding
13categories

Funding

Where the $11.8B went. Funding by stage, category, and year.

$11.8B

Total Funding Raised

81

Total Startups

$68M

Average Round Size

2019

Median Founded Year

Funding by Year

Total disclosed funding per calendar year

Funding by Stage

Distribution across funding stages

Funding by Market Category

Aggregated startup funding per category

Top 10 Funding Rounds

Largest individual rounds by amount

#StartupDateStageAmountLead Investor
1PsiQuantum2025-09Series E$1.0BBlackRock
2PsiQuantum2024-04Venture Round$620MAustralian Government / Queensland Government
3Quantinuum2025-08Series C$600MJPMorgan Chase
4Infleqtion2026-02SPAC/IPO$550MChurchill Capital Corp X
5IonQ2025-01Post-IPO Equity$500MPublic Markets
6SandboxAQ2025-04Series E$450MT. Rowe Price
7IQM Quantum Computers2025-09Series B$320MTen Eleven Ventures
8IonQ2023-05Post-IPO Equity$300MPublic Markets
9Quantinuum2023-11Series B$300MJPMorgan Chase
10Quantinuum2024-11Series B Extension$300MQuantinuum Strategic Round

Directory

81 quantum companies. Search, sort, and filter by category, funding, and stage.

Startup Directory

Showing 81 of 81 startups

CategoriesHQ

Investors

Who writes the checks. Top 20 investors, where they focus, and which regions lead.

251

Unique Investors

Quantonation

Most Active (10 deals)

$3.3B

Top Portfolio Value (NVIDIA)

7

Regions Covered

Top 20 Investors by Deal Count

Ranked by number of portfolio companies

#InvestorDealsPortfolio FundingNotable Portfolio
1Quantonation10$603MPasqal, Multiverse Computing, Qubit Pharmaceuticals, Kipu Quantum, Aqora +5 more
2In-Q-Tel6$796MQrypt, Xanadu, Aliro Technologies, D-Wave Quantum, IntelliQT +1 more
3EIC Accelerator6$93MQubit Pharmaceuticals, Qruise, Qnami, Qilimanjaro Quantum Tech, Polariton Technologies +1 more
4NSSIF5$442MPhotonic Inc., Nu Quantum, ORCA Computing, Quantum Motion, Near Quantum
5Quantum Delta NL5$101MQuantWare, Qblox, Qruise, QuTech (Startup Track), Orange Quantum Systems
6EIC Fund5$90MQuantWare, Qblox, ParityQC, Seeqc, Orange Quantum Systems
7Amadeus Capital Partners4$475MPhotonic Inc., Riverlane, Nu Quantum, Qoro Quantum
8Bpifrance4$314MAlice & Bob, Pasqal, Welinq, Quobly
9NWO4$93MQuantWare, Qblox, QuTech (Startup Track), Orange Quantum Systems
10BDC Capital4$88MAnyon Systems, Nord Quantique, Good Chemistry, Agnostiq
11Creative Destruction Lab4$36MBleximo, Agnostiq, Cogniframe, Menten AI
12Oxford Science Enterprises3$253MOxford Quantum Circuits (OQC), PQShield, Quantum Motion
13British Patient Capital3$233MOxford Quantum Circuits (OQC), ORCA Computing, Quantum Motion
14Prelude Ventures3$176MAtom Computing, Bleximo, Zapata AI
15DARPA3$54MQrypt, PolarisQB, IntelliQT
16SGInnovate3$40MHorizon Quantum Computing, SpeQtral, Entropica Labs
17NVIDIA2$3.3BPsiQuantum, SandboxAQ
18BlackRock2$3.1BPsiQuantum, Rigetti Computing
19NVentures (NVIDIA)2$1.8BQuEra Computing, Quantinuum
20Honeywell2$1.6BQuantinuum, Zapata AI

Investor-Category Matrix

Top 15 investors by market category overlap

Investor
Cybersecurity/PQC
Developer Tools
Drug Discovery
Financial Services
Materials Science
Optimization
Quantum AI/ML
Quantum Algorithms
Quantum Error Correction
Quantum Hardware
Quantum Networking
Quantum Software/Cloud
Sensing/Imaging
Quantonation1131323312
In-Q-Tel11122111
EIC Accelerator11111311
NSSIF321
Quantum Delta NL31411
EIC Fund21114
Amadeus Capital Partners11221
Bpifrance1311
NWO241
BDC Capital111121
Creative Destruction Lab1111111
Oxford Science Enterprises1121
British Patient Capital131
Prelude Ventures11121
DARPA111
Fewer deals
More deals

Geographic Distribution

Startup count and funding by region

US West Coast

8 startups

$4.2B

US East Coast

12 startups

$1.5B

US Other

4 startups

$2.1B

Canada

10 startups

$1.1B

Europe

35 startups

$2.0B

Israel

4 startups

$527M

Asia-Pacific

8 startups

$298M