Which startups have raised the most funding in the quantum computing market?

Last updated: 13 July 2026

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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
Chart illustrating yearly VC funding for quantum computing startups

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
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

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.
Google Trends chart showing rising interest in quantum computing

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.

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

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