Which startups have raised the most funding in the quantum computing market?
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In our quantum computing market deck, you will find everything you need to understand the market
The quantum computing market is moving from scientific validation toward scale-up execution, with funding now concentrated around hardware, control systems, error correction, and quantum infrastructure.
We update this list every month, so the ranking stays useful as new rounds, IPO financings, acquisitions, and strategic investments are announced.
In this dataset, cumulative funding is still led by capital-intensive quantum hardware companies, especially photonic, superconducting, trapped-ion, and neutral-atom platforms.
And if you want to better understand this new industry, you can download our pitch covering the quantum computing market.
A quick summary table
| Metric | Value |
|---|---|
| Most funded startup | Quantum Computing Inc., with $1.6B raised |
| Second most funded startup | PsiQuantum, with $1.1B raised |
| Largest funding round | Quantum Computing Inc., $750M in October 2025 |
| Median funding | About $36.5M |
| Share of funding captured by the top 10 | About 58.9% |
| Median time since last round | About 12 months |
| Startups that raised funding in the last 12 months | 39 startups with dated rounds since July 2025 |
| Quantum computing startups above $100M | 27 companies |
| Public quantum computing leaders in the top 8 | 4 companies |
| Median latest disclosed quantum round | About $21M |

This chart, included in our quantum computing market deck, illustrates yearly VC funding for quantum computing startups
Top startups in the quantum computing market ranked by total funding raised
Here is an updated table that ranks the top startups in the quantum computing market based on the total amount of funding they have raised to date.
The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).
If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the quantum computing market ranked by valuation.
| # | Startup | What They Do | Total Raised ($) | Total Rounds | Last Round Date | Last Round Amount ($) | Last Round Type | Key Investors | Current Stage | Confidence |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Quantum Computing Inc. | Photonic quantum computing hardware | $1.6B | 6 | October 2025 | $750M | Post-IPO private placement | Existing shareholders, institutional investors | IPO | Partial |
| 2 | PsiQuantum | Photonic quantum computers | $1.1B | 4 | July 2021 | $450M | Series D | BlackRock, Microsoft, Baillie Gifford | Active | Partial |
| 3 | IonQ | Trapped-ion quantum computing | $1.0B | 5 | 2025 | $300M | PIPE / Follow-on | GV, Samsung, BEV | IPO | Strong |
| 4 | D-Wave Systems | Quantum annealing systems | $650M | 6 | 2025 | $150M | Public Follow-on | PSP Investments, Bezos, Goldman Sachs | IPO | Strong |
| 5 | Origin Quantum | Full-stack quantum computers | $609M+ | 4 | June 2026 | $443M | Pre-IPO | CASVC Investment, China Internet Investment Fund, Shenzhen Capital Group | Active | Partial |
| 6 | Quantinuum | Quantum software and hardware | $600M | 3 | 2022 | $300M | Strategic investment | Honeywell, JPMorgan, Mitsui | Active | Strong |
| 7 | Oxford Quantum Circuits | Superconducting quantum computers | $500M | 4 | June 2026 | $350M | Series C | Bullhound Capital, British Business Bank, COFIDES | Active | Strong |
| 8 | Rigetti Computing | Superconducting quantum processors | $500M | 5 | 2025 | $100M | Follow-on | Andreessen Horowitz, Bessemer | IPO | Strong |
| 9 | Photonic | Distributed photonic quantum computing | $350M | 3 | May 2026 | $200M+ | Growth equity | Planet First Partners, BDC, EDC | Active | Strong |
| 10 | SpinQ | Superconducting desktop quantum computers | $309M+ | 5+ | June 2026 | $147M | Series D | CICC Capital, Shanghai Semiconductor Industry Investment, AVIC Honghua | Active | Partial |
| 11 | QuEra Computing | Neutral atom quantum systems | $300M | 3 | 2023 | $230M | Strategic round | Google Quantum AI, SoftBank | Active | Partial |
| 12 | IQM Quantum Computers | European quantum hardware | $280M | 4 | 2025 | $100M | Series B extension | Tencent, MIG Capital | Active | Strong |
| 13 | Pasqal | Neutral atom quantum systems | $250M | 4 | 2025 | $100M | Series B extension | Temasek, Bpifrance | Active | Partial |
| 14 | Xanadu | Photonic quantum computing | $250M | 5 | 2025 | $100M | Growth round | Bessemer, Georgian | Active | Strong |
| 15 | Quantum Motion | Silicon transistor quantum computers | $236M | 4 | May 2026 | $160M | Series C | DCVC, Kembara, British Business Bank | Active | Strong |
| 16 | TuringQ | Photonic quantum chips | $232M | 8 | April 2026 | Undisclosed | Series B-II / Strategic | National Venture Capital Guidance Fund, CDH Baifu, Guoke Capital | Active | Partial |
| 17 | QuantWare | Superconducting quantum processors | $207M | 4 | May 2026 | $178M | Series B | Intel Capital, In-Q-Tel, ETF Partners | Active | Strong |
| 18 | Quantum Machines | Quantum control hardware | $200M | 4 | 2025 | $120M | Series C | Intel Capital, Microsoft | Active | Strong |
| 19 | Atom Computing | Neutral-atom quantum computers | $190M | 5 | June 2026 | $100M | Series C | Third Point Ventures, DCVC, Cisco Investments | Active | Partial |
| 20 | Classiq | Quantum software development platform | $185M | 6 | July 2025 | $10M+ | Series C extension | SoftBank Vision Fund 2, Entrée Capital, CDP Venture Capital | Active | Partial |
| 21 | Q-CTRL | Quantum control infrastructure software | $166M | 5 | October 2024 | $61M | Series B-2 | GP Bullhound, Salesforce Ventures, Airbus Ventures | Active | Partial |
| 22 | Quobly | Silicon quantum processors | $163M | 3 | June 2026 | $134M | Series A | Bpifrance, STMicroelectronics, SEALSQ | Active | Strong |
| 23 | Silicon Quantum Computing | Silicon atom qubit computers | $147M | 3 | March 2026 | $14M | Series A extension | Australian Government, UNSW, Telstra | Active | Partial |
| 24 | Alice & Bob | Cat-qubit fault-tolerant computers | $138M | 3 | January 2025 | $105M | Series B | Future French Champions, AVP, Bpifrance | Active | Strong |
| 25 | Quantum Art | Trapped-ion quantum computers | $124M | 2 | December 2025 | $100M | Series A | Bedford Ridge Capital, Battery Ventures, Amiti Ventures | Active | Full |
| 26 | Riverlane | Quantum error correction software | $118M | 4 | August 2024 | $75M | Series C | Planet First Partners, Molten Ventures, EDBI | Active | Strong |
| 27 | Quantum Circuits | Superconducting quantum computers | $105M | 3 | August 2024 | $60M+ | Series B | ARCH Venture Partners, F-Prime Capital, Sequoia Capital | Active | Strong |
| 28 | Terra Quantum | Quantum-as-a-service platform | $86M | 5 | August 2024 | Undisclosed | Undisclosed equity | Lakestar, Investcorp | Active | Partial |
| 29 | Diraq | Silicon spin-qubit processors | $86M | 5 | February 2026 | $14M | Series A extension | NRFC, Quantonation, Allectus Capital | Active | Partial |
| 30 | eleQtron | Trapped-ion quantum computers | $85M | 2 | May 2026 | $66M | Series A | Schwarz Digits, EIC Fund, Earlybird | Active | Strong |
| 31 | Quantum Source | Photonic quantum computing hardware | $77M | 3 | September 2024 | $50M | Series A | Eclipse, Standard Investments, Dell Technologies Capital | Active | Full |
| 32 | Qolab | Superconducting quantum computing hardware | $77M | 5 | July 2026 | $54M | Series B | UC Investments, WARF, Octave Ventures | Active | Partial |
| 33 | Nu Quantum | Quantum networking hardware | $74M | 4 | December 2025 | $60M | Series A | National Grid Partners, Gresham House Ventures, Morpheus Ventures | Active | Strong |
| 34 | Equal1 | Silicon quantum servers | $73M | 2 disclosed | January 2026 | $60M | Series A | ISIF, Atlantic Bridge, Enterprise Ireland | Active | Partial |
| 35 | Quandela | Photonic quantum computers | $71M | 2 | November 2023 | $54M | Series B | Serena, Crédit Mutuel Innovation, EIC Fund | Active | Partial |
| 36 | Sparrow Quantum | Photonic quantum chips | $60M | 3 | December 2025 | $32M | Series A | North Ventures, Scale Capital, Jacob Jakobsen Gruppen | Active | Partial |
| 37 | planqc | Neutral-atom quantum computers | $59M | 2 | July 2024 | $54M | Series A | CATRON Holding, DeepTech & Climate Fonds, Bayern Kapital | Active | Strong |
| 38 | Phasecraft | Quantum algorithms software | $56M | 4 | September 2025 | $34M | Series B | Plural, Playground Global, Novo Holdings | Active | Full |
| 39 | Quantum Brilliance | Diamond quantum accelerators | $56M | 4 | January 2025 | $20M | Series A | Main Sequence, In-Q-Tel, Intervalley Ventures | Active | Partial |
| 40 | SEEQC | Quantum control chips | $52M | 2 | January 2025 | $30M | Series A extension | NordicNinja, Booz Allen Ventures, SIP Capital | Active | Partial |
| 41 | QpiAI | Quantum-AI enterprise computing stack | $48M | 3 disclosed | December 2025 | $10M | Later-stage / extension | Valour Capital, Avataar Ventures, SIDBI Venture Capital | Active | Partial |
| 42 | 1QBit | Quantum software platform | $45M | 4 | June 2018 | Undisclosed | Undisclosed | Fujitsu, Accenture, CME Ventures | Active | Partial |
| 43 | Algorithmiq | Quantum life-science algorithms | $42M | 3 | May 2026 | $21M | Series B / Growth | United Ventures, CDP Venture Capital, Inventure | Active | Strong |
| 44 | Oxford Ionics | Trapped-ion quantum chips | $40M | 2 | January 2023 | $37M | Series A | Oxford Science Enterprises, Braavos, Lansdowne Partners | Acquired | Full |
| 45 | Nord Quantique | Fault-tolerant superconducting qubits | $38M | 2 | May 2026 | $30M | Growth equity | Fidelity Investments Canada, BDC Capital, Panache Ventures | Active | Full |
| 46 | Kiutra | Helium-free quantum cooling systems | $35M+ | 3+ | October 2025 | $15M | Equity round / Series B | NovaCapital, 55 North, HTGF | Active | Partial |
| 47 | QuamCore | Million-qubit superconducting architecture | $35M | 2 | August 2025 | $26M | Series A | Sentinel Global, Arkin Capital, Viola Ventures | Active | Full |
| 48 | QC Ware | Quantum software platform | $33M | 8 | September 2021 | $25M | Series B | Koch Disruptive Technologies, Covestro, Citi Ventures | Active | Partial |
| 49 | Qblox | Quantum control stacks | $32M | 3 | June 2024 | $26M | Series A | Quantonation, Invest-NL, QDNL Participations | Active | Strong |
| 50 | Qedma | Quantum error resilience software | $31M | 2 | July 2025 | $26M | Series A | Glilot Capital Partners, IBM, Korea Investment Partners | Active | Full |
| 51 | C12 Quantum Electronics | Carbon-nanotube quantum processors | $29M | 2 | June 2024 | $19M | Series A | Varsity Ventures, EIC Fund, Verve Ventures | Active | Strong |
| 52 | Strangeworks | Quantum software platform | $28M | 2 | March 2023 | $24M | Series A | Hitachi Ventures, IBM, Raytheon Technologies | Active | Full |
| 53 | Nanofiber Quantum Technologies | Nanofiber quantum interconnect hardware | $24M | 3 | September 2025 | $14M | Series A | Phoenix Venture Partners, Brevan Howard, JAFCO Group | Active | Strong |
| 54 | QunaSys | Quantum chemistry software | $24M | 4 | November 2024 | $11M | Series B2 | Mirai Creation Fund III, JIC Venture Growth, Fujitsu Ventures | Active | Strong |
| 55 | QuiX Quantum | Photonic quantum computers | $23M | 2 | July 2025 | $18M | Series A | Invest-NL, EIC Fund, PhotonVentures | Active | Strong |
| 56 | Quanscient | Quantum-native simulation software | $22M | 3 | May 2026 | $12M | Series A | 55 North, B&C Group, Maki.vc | Active | Full |
| 57 | Horizon Quantum Computing | Quantum software development tools | $21M | 2 | March 2023 | $18M | Series A | Sequoia Capital India, Tencent, SGInnovate | Active | Strong |
| 58 | Groove Quantum | Germanium spin-qubit processors | $19M | 1 | April 2026 | $19M | Seed | Innovation Industries, 55 North, Verve Ventures | Active | Partial |
| 59 | ORCA Computing | Photonic quantum computers | $19M | 2 | June 2022 | $15M | Series A | Octopus Ventures, Oxford Science Enterprises, Quantonation | Active | Full |
| 60 | Delft Circuits | Quantum I/O hardware | $18M | 2 | December 2025 | $9M | Series A Extension | DeepTech XL, HTGF, Paeonia Group | Active | Strong |
| 61 | Lightsynq | Quantum photonic interconnects | $18M | 1 | November 2024 | $18M | Series A | Cerberus Ventures | Acquired | Full |
| 62 | SemiQon | Silicon quantum processors | $18M | 2 | February 2025 | $16M | Series A | EIC Fund, Voima Ventures | Active | Partial |
| 63 | Huayi Boao | Ion-trap quantum computers | $16M+ | 2 | July 2025 | Undisclosed | Series A | Legend Capital, Beijing Information Industry Fund, Zhongguancun Special Fund | Active | Low |
| 64 | Haiqu | Hardware-aware quantum software OS | $15M | 2 | January 2026 | $11M | Seed | Primary Venture Partners, MaC Venture Capital, Toyota Ventures | Active | Full |
| 65 | Kipu Quantum | Industrial quantum algorithm software | $15M | 2 disclosed | December 2023 | $12M | Seed | HV Capital, DeepTech & Climate Fonds, Quantonation | Active | Strong |
| 66 | Orange Quantum Systems | Quantum chip testing | $15M | 2 | June 2025 | $14M | Seed | Icecat Capital, Cottonwood Technology Fund, QBeat Ventures | Active | Full |
| 67 | OptQC | Optical quantum computers | $14M | 2 | October 2025 | $10M | Series A1 | Global Brain, UTokyo IPC, JST | Active | Strong |
| 68 | Pixel Photonics | Superconducting single-photon detectors | $13M | 2 | April 2026 | $7M | EIC equity investment | EIC Fund, Futury Capital, HTGF | Active | Strong |
| 69 | Qilimanjaro Quantum Tech | Analog full-stack quantum computers | $13M | 2 partial | March 2025 | $11M | Seed | Repsol Ventures, Axis Participaciones, Grow Venture Partners | Active | Low |
| 70 | QphoX | Quantum modem transducers | $12M | 2 | January 2024 | $9M | Series A | QDNL Participations, EIC Fund, Quantonation | Active | Strong |
| 71 | BlueQubit | Quantum software-as-a-service platform | $10M | 2 | December 2024 | $10M | Seed | Nyca Partners, Restive, Chaac Ventures | Active | Strong |
| 72 | Atlantic Quantum | Superconducting quantum hardware | $9M | 1 | July 2022 | $9M | Seed | The Engine, Glasswing Ventures, Future Labs Capital | Acquired | Full |
| 73 | EeroQ | Electrons-on-helium quantum chips | $7M | 2 | May 2026 | Undisclosed | Strategic investment | SEALSQ, Propellant Ventures, Alumni Ventures | Active | Strong |
| 74 | Entropica Labs | Quantum software development tools | $7M | 3 | September 2024 | $1M | Early-stage | State Farm, Wavemaker Partners, LIFTT | Active | Strong |
| 75 | BosonQ Psi | Quantum simulation software | $7M | 3 | July 2025 | $5M | Seed | Monta Vista Capital, New York Ventures, Arc Ventures | Active | Partial |
| 76 | Aegiq | Quantum photonics networking hardware | $5M | 1 | May 2022 | $5M | Seed | Deepbridge Capital, HTGF | Active | Partial |
| 77 | Quantagonia | Hybrid quantum optimization software | $5M | 2 | July 2023 | Undisclosed | Seed | Tensor Ventures, Voima Ventures, FTTF | Active | Partial |
| 78 | TreQ | Quantum computing clusters | $5M+ | 1 | October 2024 | $5M+ | Seed | Lavrock Ventures, Creator Fund, Green Sands Equity | Active | Full |
| 79 | Universal Quantum | Modular trapped-ion quantum computers | $5M | 4 | 2022 | Undisclosed | Seed extension | Hoxton Ventures, Village Global, 7percent Ventures | Active | Partial |
| 80 | Menten AI | Quantum-AI peptide drug design | $4M | 2 | June 2020 | $4M | Seed | Khosla Ventures, Uncork Capital, Y Combinator | Active | Partial |
| 81 | ZuriQ | Trapped-ion quantum hardware | $4M | 1 | January 2025 | $4M | Seed | Founderful, SquareOne, First Momentum Ventures | Active | Full |
| 82 | Arctic Instruments | Quantum microwave amplifiers | $3M | 1 | December 2024 | $3M | Seed | Lifeline Ventures | Active | Full |
| 83 | Qubic Technologies | Cryogenic quantum amplifiers | $3M | 1 | June 2026 | $3M | Seed | Two Small Fish Ventures, UC Investments, Quantacet | Active | Full |
| 84 | Quantistry | Quantum-AI chemical simulations | $3M | 1 | March 2024 | $3M | Seed / early-stage | Ananda Impact Ventures, Chemovator, IBB Ventures | Active | Strong |
| 85 | Bleximo | Superconducting quantum accelerators | $2M | 1 | September 2018 | $2M | Seed | Eniac Ventures, Boost VC, Creative Ventures | Active | Full |
| 86 | QPerfect | Neutral-atom quantum software | $2M | 1 | April 2025 | $2M | Venture equity | BTQ Technologies | Acquired | Strong |
| 87 | Quanfluence | Photonic optimization quantum systems | $2M | 1 | October 2024 | $2M | Seed | pi Ventures, Golden Sparrow, Reena Dayal | Active | Full |
| 88 | Molecular Quantum Solutions | Molecular simulation software | $1M | 1 | June 2023 | $1M | Pre-seed / Seed | Scale Capital, Rockstart, Stokbro Invest | Active | Low |
| 89 | Rotonium | Photonic edge quantum processors | $1M | 1 | August 2024 | $1M | Seed | Galaxia, CDP Venture Capital, Obloo Ventures | Active | Full |
| 90 | SoftQuantus | Quantum operations infrastructure | $1M | 1 | January 2026 | $756K | Seed | Microsoft, EuroHPC Joint Undertaking | Active | Low |

This market map, featured in our quantum computing market deck, highlights top companies and startups in the quantum computing market
Key funding trends in the quantum computing market
Insights
- The top ten quantum computing startups captured about 59% of all identified funding, which shows how strongly capital is concentrating around scaled hardware platforms.
- Public or post-public quantum companies represent four of the top eight funded names, making listed-market access a real advantage for long hardware roadmaps.
- The biggest 2026 private rounds came from Oxford Quantum Circuits, Photonic, Quantum Motion, QuantWare, and Quobly, together adding about $1.0B in fresh capital.
- Quantum software remains much lighter than quantum hardware, with leading software and error-correction startups raising far less than photonic, ion, and superconducting platforms.
- Quantum infrastructure is becoming a standalone investment theme, with control, networking, and error-correction companies such as Quantum Machines, Nu Quantum, Riverlane, and Qblox gaining traction.
- Europe has unusual depth in the quantum computing market, with Oxford Quantum Circuits, IQM, Quantum Motion, QuantWare, Quobly, and Alice & Bob each clearing about $100M or more.
- Large early-stage rounds are now common in quantum hardware, with Quantum Art, Quobly, and eleQtron raising unusually large Series A rounds for deep tech startups.

As this chart shows, and as featured in our quantum computing market deck, search interest in quantum computing has grown significantly
A few word about our methodology
As you can see, we built a database that ranks startups in the quantum computing market based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.
Whenever possible, we prioritized official company communications, since official announcements are usually the most reliable source for quantum computing funding amounts. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).
We excluded random blogs, unverified websites, and any sources that could not be validated.
When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, yuan, yen, pounds, or rupees, we converted them into approximate USD equivalents for consistency.
Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. This happens often in deep tech and quantum computing, especially when strategic investors, government-backed funds, or public-market financings are involved. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.
Here is what they mean.
Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.
Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.
Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.
Low confidence: Public information is limited, inconsistent, or ambiguous. We include these companies only when the company is relevant to the quantum computing market and the available information is still useful for readers.
When the confidence level is too low, we take a conservative approach and either exclude the company from the ranking or flag the uncertainty clearly. We don’t want to present weak data as if it were fully verified.
This reflects how we conduct all our research, including the work behind our report covering the quantum computing market.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.

This chart, included in our quantum computing market deck, looks at IonQ’s strategy in quantum computing
Related blog posts
- What is the latest news in the quantum computing market?
- What are the latest funding developments in quantum computing?
- What has changed recently in the quantum computing market?
- How funding activity has changed in quantum computing
- What are the key fundraising trends in quantum computing?
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