Quantum Computing Startup Funding 2025-2026

Last updated: 8 June 2026
market research pitch 2026 statistics quantum computing market

In our quantum computing market deck, you will find everything you need to understand the market

SUMMARY

This report analyzes every publicly disclosed equity round raised by pure-play quantum computing companies between July 2025 and June 2026, a 12-month window covering every geography. We only kept rounds of $300K or more, excluded grants and undisclosed rounds, and focused on commercial products and services whose primary purpose is to deliver quantum computation to end users.

Over this period, fundraising in the quantum computing market was very large but highly concentrated. The dataset includes 28 qualifying disclosed equity deals, 24 unique companies, and $6.10B in total capital raised.

Capital in the quantum computing market is dominated by a few very large rounds. The top deal alone represents 27.56% of total capital, the top 3 deals reach 56.27%, and the top 10 deals reach 86.44%.

The average round size is $217.7M, but that number is distorted by several billion-dollar-scale events. The median round size of $71.5M is a better signal of what a serious institutional quantum round looked like during the period.

Deal flow averaged 2.33 rounds per month, with a median of 2 deals per month. The market was active, but not evenly paced, with November 2025 and February 2026 showing no qualifying deals in the dataset.

Quantum Hardware Systems overwhelmingly leads the quantum computing market. It accounts for 19 of 28 deals and $5.80B raised, or 95.08% of all disclosed capital.

North America leads by dollars, while Europe leads by deal count. North America captures 70.71% of capital from 8 deals, while Europe captures 39.29% of deals from 11 rounds.

The quantum computing market looks much more late-stage than early-stage by dollars. Seed and Series A rounds represent 50.00% of deal count, but only 9.98% of disclosed capital.

Follow-on financings dominate the capital base. Most capital went to companies that had already crossed a technical, commercial, or institutional credibility threshold before this 12-month period.

Repeat disclosed investors were limited but meaningful. The EIC Fund, Bedford Ridge Capital, and NVIDIA or NVentures each appeared in more than one qualifying deal, suggesting selective repeat conviction rather than broad investor repetition.

Market map chart showing top companies and startups in the quantum computing market

This market map, featured in our quantum computing market deck, highlights top companies and startups in the quantum computing market

What are all the funding deals in the quantum computing market from July 2025 to June 2026?

The table below lists every disclosed equity round raised by pure-play quantum computing companies between July 2025 and June 2026. We count as “pure-play” quantum computing companies those whose core activity is quantum hardware systems, quantum computing components sold as part of systems, quantum compute access, or quantum-specific software and services used to program, run, and integrate workloads on quantum processors.

Each row shows the company, what it does, its category, the deal date, the funding stage, the round size, the region, the main investors, and the announcement source. For a wider view of how quantum computing fits inside the broader deep-tech opportunity, we cover it in our Quantum Computing market report.

Company What they do Category Date Stage Deal size Region Main investors Source
QEDMA Quantum error-reduction and noise-resilience software for quantum computers Quantum Middleware Tools Jul 2025 Series A $26M Middle East Glilot+; IBM PR Newswire
QuiX Quantum Photonic quantum computing hardware and universal single-photon quantum computers Quantum Hardware Systems Jul 2025 Series A $17.5M Europe EIC Fund The Quantum Insider
QpiAI Full-stack quantum computing platform combining proprietary quantum hardware and software Quantum Hardware Systems Jul 2025 Series A $32M Asia-Pacific Avataar Ventures; National Quantum Mission The Quantum Insider
QuamCore Quantum computing scalability hardware for million-qubit systems inside one cryostat Quantum Computing Components Aug 2025 Series A $26M Middle East Sentinel Global; Arkin Capital CTech
Phasecraft Quantum algorithms software for practical quantum computing applications Quantum Programming Software Sep 2025 Series B $34M Europe Plural; Playground Global; Novo Holdings Phasecraft
IQM Quantum Computers Full-stack superconducting quantum computers for on-premises systems and cloud offerings Quantum Hardware Systems Sep 2025 Series B $320M Europe Ten Eleven Ventures IQM Quantum Computers
Quantinuum Full-stack trapped-ion quantum computing company spanning hardware, software, and related technologies Quantum Hardware Systems Sep 2025 Series B $600M North America Honeywell; NVentures The Quantum Insider
PsiQuantum Photonic quantum computing company building million-qubit fault-tolerant quantum computers Quantum Hardware Systems Sep 2025 Series D+ $1,000M North America NVIDIA; BlackRock; Temasek; Baillie Gifford The Quantum Insider
Isentroniq Cryogenic wiring and quantum hardware infrastructure for scaled quantum computers Quantum Computing Components Oct 2025 Seed $8.8M Europe Heartcore Capital The Quantum Insider
Quantum Computing Inc. Integrated photonics and quantum optics company commercializing quantum computing-related systems Quantum Hardware Systems Oct 2025 Growth Equity $750M North America Private placement investors The Quantum Insider
Nu Quantum Distributed quantum computing infrastructure used to connect quantum processors into scalable systems Quantum Middleware Tools Dec 2025 Series A $60M Europe National Grid Partners Nu Quantum
Quantum Art Full-stack trapped-ion quantum computers and software for scalable commercial quantum computing Quantum Hardware Systems Dec 2025 Series A $100M Middle East Bedford Ridge Capital PR Newswire
Photonic Distributed quantum computing platform based on networked quantum systems Quantum Hardware Systems Jan 2026 Unknown $130M North America Not disclosed in dataset Photonic
Haiqu Hardware-aware quantum operating system and software stack for near-term quantum applications Quantum Middleware Tools Jan 2026 Seed $11M North America Primary Venture Partners The Quantum Insider
Equal1 Silicon-based quantum computers and datacenter-ready quantum servers using semiconductor manufacturing Quantum Hardware Systems Jan 2026 Unknown $60M Europe Ireland Strategic Investment Fund; EIC Fund The Quantum Insider
SpinQ Technology Superconducting quantum computing systems for industrial and commercial deployment Quantum Hardware Systems Jan 2026 Series C $55M Asia-Pacific Not disclosed in dataset The Quantum Insider
Sygaldry Technologies Quantum-accelerated AI servers and quantum computers for accelerating AI algorithms Quantum Hardware Systems Apr 2026 Series A $105M North America Not disclosed in dataset The Quantum Insider
Horizon Quantum Computing Software infrastructure enabling developers to use quantum computing for hard computational problems Quantum Programming Software Mar 2026 Growth Equity $120M Asia-Pacific SPAC investors The Quantum Insider
SpinQ Technology Superconducting quantum computing systems for industrial and commercial deployment Quantum Hardware Systems Apr 2026 Series C $83M Asia-Pacific Not disclosed in dataset The Quantum Insider
QBoson Photonic quantum computing hardware, quantum chips, and integrated quantum computing systems Quantum Hardware Systems Apr 2026 Series B $145M Asia-Pacific Not disclosed in dataset The Quantum Insider
Peak Quantum Superconducting quantum chips designed to improve fault resistance and processor manufacturing Quantum Computing Components Apr 2026 Seed $2.57M Europe Cloudberry Ventures Peak Quantum
Sygaldry Technologies Quantum-accelerated AI servers and quantum computers for accelerating AI algorithms Quantum Hardware Systems Apr 2026 Seed $34M North America Initialized Capital The Quantum Insider
Quantum Art Full-stack trapped-ion quantum computers and QaaS pathway for scalable commercial systems Quantum Hardware Systems Apr 2026 Series A $40M Middle East Bedford Ridge Capital Quantum Art
Groove Quantum Germanium spin-qubit processors and semiconductor quantum processor hardware Quantum Computing Components Apr 2026 Seed $11.7M Europe EIC Fund Quantum Computing Report
Quantum Motion Silicon transistor-based quantum computing platform for datacenter integration Quantum Hardware Systems May 2026 Series C $160M Europe Not disclosed in dataset Business Wire
OQC Superconducting quantum computers and deployed quantum infrastructure for enterprise and government customers Quantum Hardware Systems Jun 2026 Series C $350M Europe Not disclosed in dataset OQC
Quobly Silicon-based quantum computers, including planned cloud-accessible commercial systems Quantum Hardware Systems Jun 2026 Series A $134M Europe Not disclosed in dataset The Quantum Insider
Quantinuum Full-stack trapped-ion quantum computing company spanning hardware, software, and related technologies Quantum Hardware Systems Jun 2026 Growth Equity $1,680M North America IPO investors MarketWatch
Table scoring and prioritizing the main pain points faced by companies in the quantum computing market

In our quantum computing market deck, we identify pain points entrepreneurs should prioritize

OUR METHODOLOGY TO BUILD THIS TRACKER

We built this quantum computing funding tracker by reviewing every publicly disclosed equity round raised by pure-play quantum computing companies between July 2025 and June 2026. A company counts as pure-play when more than 80% of its activity is dedicated to delivering quantum computation to end users or to quantum-specific systems, components, software, or services used to run workloads on quantum processors.

We applied four filters to build the dataset. First, we only included equity rounds, so grants, debt, R&D-only funding, incentives, and non-equity public funding are excluded. Second, we only counted rounds of $300K or more. Third, we only kept pure-play quantum computing companies. And fourth, every entry had to be confirmed by a direct company announcement, a press release, or a tier-1 media report, with the source URL preserved for every row.

We excluded quantum sensing, quantum communications when not primarily tied to distributed computation, general-purpose classical compute or cloud services, rumored rounds, unclosed rounds, and R&D-only tooling not sold primarily for quantum computing use. The final dataset contains 28 disclosed deals across 24 unique companies, and every average, median, share, and concentration ratio is computed on that disclosed sample. Privately raised rounds that were never publicly announced are necessarily missing, which is a known limitation of any public-only quantum computing funding tracker.

How active has fundraising been in the quantum computing market?

As of June 2026, fundraising in the quantum computing market has been active on dollars and consistent enough on deal count, but it is still very lumpy. Over the past 12 months, companies raised 28 disclosed equity rounds and $6.10B combined, which works out to 2.33 deals per month.

The quantum computing market is not short of visible funding events. The 28 deals were spread across 24 unique companies, which means the dataset captures both repeat platform financings and new technical options.

The dollar flow is much less smooth than the deal flow. Average capital raised per month was $508.0M, but the median month was only $192.5M, which shows that a few financing months carried the market.

Removing the biggest rounds changes the picture completely. Excluding rounds above $50M leaves only $243.57M, meaning ordinary rounds are a small fraction of the quantum computing market’s headline funding total.

If you want to go deeper on the companies behind this activity, see our market report covering quantum computing startups.

How concentrated has fundraising been in the quantum computing market?

As of June 2026, fundraising in the quantum computing market is extremely concentrated. Over the past 12 months, the largest deal alone accounts for 27.56% of total disclosed capital, the top 3 deals reach 56.27%, and the top 5 reach 71.86%.

The largest single event was Quantinuum’s $1.68B IPO raise in June 2026. That one deal is larger than all disclosed European quantum computing funding in the dataset.

The top 10 deals account for 86.44% of disclosed capital. That means the quantum computing market’s funding story is less about broad capital availability and more about a small number of platform-scale balance-sheet events.

This concentration also shows up by category. Quantum Hardware Systems represents 95.08% of capital, so the market is pricing quantum computing mainly as an infrastructure buildout problem.

How much of the quantum computing funding signal is driven by outliers?

As of June 2026, most of the funding signal in the quantum computing market is driven by outliers. Over the past 12 months, 17 of 28 disclosed deals were $50M or larger, and those megarounds dominate the capital totals.

The simplest test is to remove rounds above $50M. Total funding then falls from $6.10B to $243.57M, which means roughly 96% of disclosed capital sits in megarounds.

Rounds above $100M are also common. The dataset includes 12 deals above that threshold, or 42.86% of all disclosed deals, which is unusually high for a market still tied to deep technical uncertainty.

This means the average round size of $217.7M should not be read as typical. The median round size of $71.5M is more useful, but even that median reflects a market where large system-build rounds are normal.

For more context on which financings actually changed the market picture, read our deeper analysis of the quantum computing market.

Chart showing IonQ’s strategy in the quantum computing market

This chart, included in our quantum computing market deck, looks at IonQ’s strategy in quantum computing

Is the quantum computing market broad with many targets, or narrow with few fundable companies?

As of June 2026, the quantum computing market is broader than a one-company story but still narrow in where capital concentrates. Over the past 12 months, 24 unique companies raised 28 qualifying disclosed equity rounds.

That company count shows real formation across hardware, components, middleware, and programming software. But the capital totals show that most companies are not receiving platform-scale checks.

Only a small number of companies raised more than once in the dataset. Quantinuum, SpinQ Technology, Quantum Art, and Sygaldry Technologies each appear twice, which confirms that repeat fundraisers matter but do not fully explain the market.

The narrowness is strongest at the category level. Quantum Hardware Systems has 19 deals and $5.80B raised, while every non-hardware category combined has only $300.07M.

Is quantum computing mostly an early-stage formation market or a late-stage scaling market?

As of June 2026, the quantum computing market behaves much more like a late-stage scaling market by dollars, even though early-stage rounds are visible by count. Over the past 12 months, Seed and Series A account for 14 of 28 deals but only 9.98% of disclosed capital.

Seed activity is present but economically small. The dataset includes 5 Seed deals totaling $68.07M, which is only 1.12% of all capital raised in the quantum computing market.

Series A is the most common stage with 9 deals, but it contributes only $540.5M, or 8.87% of capital. That suggests many companies are moving from technical proof points toward first commercial systems, but the largest checks are reserved for more mature platforms.

Late-stage and growth financings dominate the capital base. Series B and later, Growth Equity, and Unknown-stage disclosed rounds together represent $5.49B, or 90.02% of capital raised.

If you want to understand which maturity levels matter most today, we cover this in more detail in our full market report on quantum computing funding.

Which categories attract the most investor attention in quantum computing?

As of June 2026, Quantum Hardware Systems attract the most investor attention in the quantum computing market by a wide margin. Over the past 12 months, the category captured 19 of 28 deals and $5.80B in disclosed capital.

That means hardware systems account for 67.86% of deals and 95.08% of capital. The gap matters because it shows investors are not just backing more hardware companies; they are writing much larger checks to them.

Quantum Computing Components came second by deal count, with 4 deals and $49.07M raised. These rounds target bottlenecks like cryogenic wiring, superconducting chips, and spin-qubit processors, but they do not yet command large market-level dollar totals.

Quantum Middleware Tools and Quantum Programming Software are strategically important but underweight in capital. Together they account for 5 deals and $251M, which is only 4.12% of the disclosed total.

Chart showing the projected CAGR of the quantum computing market

This chart, included in our quantum computing market deck, illustrates yearly funding for quantum computing startups

Which categories attract disproportionately large checks in the quantum computing market?

As of June 2026, Quantum Hardware Systems attract disproportionately large checks in the quantum computing market. Over the past 12 months, the category has a capital share of 95.08% against a deal share of 67.86%, giving it a capital share to deal share ratio of 1.40.

The average hardware systems deal is $305.0M, and the median is $134.0M. Those numbers are far above components, middleware, and software, which confirms that investors are paying for full-stack system ambition.

Quantum Programming Software has a higher average than middleware or components because it includes Horizon Quantum’s $120M growth raise. Still, software represents only 2.53% of total capital in the quantum computing market.

Components have the weakest capital share to deal share ratio at 0.06. That does not mean components are unimportant; it means investors still expect most value capture to sit with full-stack system companies rather than suppliers.

Which geographies matter most for fundraising in the quantum computing market?

As of June 2026, North America matters most by dollars, while Europe matters most by deal count in the quantum computing market. Over the past 12 months, North America raised $4.31B from 8 deals, while Europe produced 11 deals and $1.16B.

North America captures 70.71% of disclosed capital from only 28.57% of deals. Its average deal size is $538.75M, and its median deal size is $365M, which shows how heavily the region is weighted toward platform-scale companies.

Europe captures 39.29% of deal count but only 19.01% of capital. That suggests Europe has broad quantum company formation, but it has fewer billion-dollar-scale financing events than North America.

Asia-Pacific is meaningful but smaller, with 5 deals and $435M raised. The region’s median deal size of $83M shows real industrial-scale activity, especially across China and India.

For a deeper geographic breakdown, see our quantum computing market report by region.

Is the quantum computing opportunity set broad or concentrated in one hub?

As of June 2026, the quantum computing opportunity set is concentrated in a few regions, but not in one single hub. Over the past 12 months, North America, Europe, Asia-Pacific, and the Middle East all produced qualifying deals.

The distribution is uneven. North America captures 70.71% of capital, Europe captures 19.01%, Asia-Pacific captures 7.14%, and the Middle East captures 3.15%.

Europe leads by activity, with 11 of 28 deals. That makes Europe the broadest formation region in the dataset, even though North America controls most of the dollars.

Latin America and Africa are absent from the qualifying dataset. That absence reflects how dependent the quantum computing market remains on specialized talent, fabrication access, cryogenic infrastructure, and strategic or sovereign buyer ecosystems.

Chart comparing business model options for quantum computing hardware startups

This chart, included in our quantum computing market deck, compares the main business model options for quantum computing hardware startups

Is quantum computing a market of small experiments or scaled financings?

As of June 2026, quantum computing is a market of scaled financings, not small experiments. Over the past 12 months, 17 of 28 disclosed deals were $50M or larger, and 12 deals were above $100M.

The lower end of the market is thin. Only 1 deal was below $5M, 4 deals were between $5M and $20M, and 6 deals were between $20M and $50M.

The median round size was $71.5M. That median is already large for a technically complex market, but it is still much lower than the average round size of $217.7M because of the largest financings.

The right way to read the quantum computing market is as a barbell. Investors are funding a few early technical options, but most capital goes to companies with system-level roadmaps and the ability to absorb very large checks.

If you want to stay current on the larger financing pattern, explore our market report on quantum computing deals.

Who are the investors that appear the most in quantum computing fundraising?

As of June 2026, only a small group of investors appear more than once in disclosed quantum computing fundraising. Over the past 12 months, the most visible repeat names are the EIC Fund, Bedford Ridge Capital, and NVIDIA or NVentures.

The EIC Fund appeared in QuiX Quantum, Equal1, and Groove Quantum. That pattern is notable because it spans photonic hardware, silicon quantum computers, and spin-qubit processor hardware.

Bedford Ridge Capital appeared in Quantum Art’s December 2025 Series A and its April 2026 Series A extension. That is a repeat-company signal rather than a broad market-coverage signal.

NVIDIA or NVentures appeared in PsiQuantum and Quantinuum, and also joined QuEra’s September 2025 expansion, although QuEra is excluded from the dataset because the incremental amount was not disclosed and the base round was announced before July 2025.

One caveat matters: public announcements usually disclose round size, not individual investor check size. So repeat investor visibility should be read as participation evidence, not as a precise ranking of dollars committed.

Chart illustrating how revenue is divided among customer segments in the quantum computing market

This chart, featured in our quantum computing market deck, illustrates how revenue is divided among customer segments in the quantum computing market

INSIGHTS

The insights below come from reviewing every disclosed equity round in the quantum computing market between July 2025 and June 2026. They are not row-by-row summaries. They are the reusable patterns that kept showing up across the 28-deal dataset, and they are meant to stay useful when reading any future quantum computing funding announcement.

The quantum computing market is hardware-dominant, not merely hardware-heavy. Quantum Hardware Systems represent 67.86% of deals but 95.08% of capital. Investors are treating quantum computing as an infrastructure buildout problem before they treat it as a software adoption cycle.

The average round size is a poor guide to the typical deal. The average disclosed round is $217.7M, but the median is $71.5M. The average mostly tells us how large the biggest platform financings became.

The market has a barbell structure. Seed activity exists, and megarounds are common, but there are fewer small institutional rounds in the middle. Investors are either buying early technical options or backing companies that can pursue system-level roadmaps.

Funding momentum is mostly megaround momentum. Excluding rounds above $50M reduces total capital from $6.10B to $243.57M. Any headline about quantum funding growth should separate platform financings from ordinary venture rounds.

The top of the market controls the story. The top 3 deals account for 56.27% of capital, and the top 10 account for 86.44%. This makes the quantum computing market fragile as a trend indicator.

Growth equity has become a major part of quantum financing. Growth Equity represents only 10.71% of deals but 41.83% of disclosed capital. Quantum computing is no longer confined to private early-stage venture rounds.

Seed rounds are visible but economically minor. Seed deals account for 17.86% of deal count and only 1.12% of capital. The bottleneck is not new ideas; it is financing manufacturing, control, integration, and deployment roadmaps.

Series A is the busiest stage, but not the biggest capital pool. Series A has 9 deals and 32.14% of activity, but only 8.87% of capital. Many companies are trying to move from proof-of-concept to first commercial systems.

Europe has breadth, while North America has capital density. Europe leads with 39.29% of deals, but North America captures 70.71% of capital. The two regions are playing different roles inside the same quantum computing market.

Asia-Pacific is moving from research signal to industrial financing signal. The region has 5 deals, $435M raised, and a median deal size of $83M. China and India are becoming more visible in company-scale quantum financings.

Components matter technically before they matter financially. Component rounds target real bottlenecks like cryogenic wiring, chips, and spin-qubit processors. But their capital share is only 0.81%, so value capture is still expected to sit mostly with system companies.

Standalone quantum compute cloud is missing as a funded category. Cloud access appears inside hardware company go-to-market strategies rather than as a separate venture-backed category. That suggests investors still see compute access as a distribution layer, not a standalone company type.

Standalone integration services are also missing. That absence suggests buyers are not yet implementing quantum systems at a scale that supports a separate services market. Vendors still need to bundle integration into hardware, software, or middleware offerings.

Software is not yet the center of the funding cycle. Quantum Programming Software represents only 2 deals and 2.53% of capital. That weakens the case that quantum computing is already entering a broad application-software phase.

Middleware is small but strategically important. QEDMA, Haiqu, and Nu Quantum show that investors will fund tools that reduce hardware friction. The strongest middleware businesses are tightly coupled to running real processors.

Scalability claims matter more when tied to execution infrastructure. The largest financings repeatedly mention fault tolerance, industrialization, datacenter readiness, production lines, or cloud-accessible systems. Generic quantum advantage language is weaker than a specific manufacturing or deployment path.

Silicon-based quantum companies had a strong period. Equal1, Quantum Motion, Quobly, and several chip-related financings point to investor interest in semiconductor manufacturing logic. Scalability credibility increasingly depends on supply-chain familiarity.

Photonics attracted very large capital commitments. PsiQuantum and QBoson alone raised $1.145B. Investors appear to like approaches that can shift part of the scaling challenge into chip fabrication and packaging.

Trapped-ion companies are investable at very different stages. Quantum Art raised large Series A capital, while Quantinuum raised at public-market scale. The architecture is credible, but the capital gap between emerging and mature platforms is huge.

Public-market exposure cuts both ways. Quantinuum’s IPO, QCi’s private placement, and Horizon’s SPAC-related raise together account for $2.55B. That validates institutional appetite, but it also ties the sector more closely to public-market volatility.

The best diligence question is not simply how much was raised. A $10M component round can matter if it removes a scaling bottleneck. A $100M hardware round matters only if it improves the path to manufacturable, accessible, error-managed quantum compute.

Who is the author of this content?

NEW MARKET PITCH TEAM

We track new markets so founders and investors can move faster

We build living "market pitch" documents for emerging markets: AI, synthetic biology, new proteins, and more. Instead of outdated PDFs or hallucinated LLM answers, our clients get a clean, visual, always-updated view of what's really happening: key players, deals, regulations, and signals that matter. Learn more about us.

Back to blog