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

Last updated: 13 July 2026

Updated monthly list of the top quantum software market startups, ranked by cumulative funding raised

market research pitch 2026

In our updated market reports, you will find everything you need

The quantum software market is still young, but funding is already concentrated around a small group of full-stack platforms, quantum infrastructure companies, and enterprise software specialists.

We update this list every month to keep the ranking fresh as new rounds, public listings, and strategic financings are announced.

This ranking focuses on cumulative funding raised, which helps investors quickly see which quantum software startups have attracted the most capital so far.

A quick summary table

Metric Value
Most funded startup Quantinuum, with $2.9B raised
Second most funded startup Quantum Computing Inc., with $1.6B raised
Largest funding round Quantinuum, $1.7B in June 2026
Median funding $24M across the ranked quantum software startups
Share of funding captured by the top 10 About 78.6% of total ranked funding
Median time since last round About 12 months
Startups that raised funding in the last 12 months 36 startups
Quantum software startups above $100M raised 18 companies
Active private quantum software funding pool About $4.21B
Top 5 quantum software funding concentration About 63.9% of total ranked funding

Top startups in the quantum software market ranked by total funding raised

Here is an updated table that ranks the top startups in the quantum software market based on the total amount of funding raised to date.

The table also includes the total number of funding rounds, the date and size of the latest round, the financing type, key investors, the startup’s current status, and a confidence score based on the data collected.

# Startup What They Do Total Raised ($) Total Rounds Last Round Date Last Round Amount ($) Last Round Type Key Investors Current Stage Confidence
1 Quantinuum Full-stack quantum computing software $2.9B 4 June 2026 $1.7B IPO Honeywell, JPMorganChase, NVentures IPO Strong
2 Quantum Computing Inc. Photonic quantum computing systems $1.6B 6 October 2025 $750M Private placement Existing shareholders IPO Partial
3 SandboxAQ Enterprise quantitative AI software $950M 5 April 2025 $150M Series E extension Google, NVIDIA, BNP Paribas Active Partial
4 D-Wave Quantum Quantum systems and cloud software $855M 16 July 2025 $400M ATM equity offering Public-market investors IPO Partial
5 Infleqtion Neutral-atom quantum systems $809M 6 February 2026 $550M IPO / SPAC Churchill Capital Corp X, Maverick Capital, Counterpoint Global IPO Strong
6 Xanadu Photonic quantum computing software $525M 5 March 2026 $275M PIPE / public-listing equity AMD, Georgian, Bessemer Venture Partners IPO Strong
7 PASQAL Neutral-atom quantum computing platform $323M 3 March 2026 $184M Pre-IPO equity Parkway, Quanta Computer, LG Electronics Active Partial
8 SpinQ Technology Quantum computers and software $280M 5 June 2026 $140M Series D Guotai Junan, Cornerstone Capital, Sichuan Zhenxing Active Low
9 Multiverse Computing Quantum-inspired AI compression software $267M 5 June 2025 $215M Series B Bullhound Capital, HP Tech Ventures, SETT Active Strong
10 QuEra Computing Neutral-atom quantum computing $247M 4 September 2025 Undisclosed Series B extension NVentures, Google, SoftBank Vision Fund 2 Active Strong
11 TuringQ Photonic quantum computing platform $230M 8 April 2026 Undisclosed Strategic financing National Venture Capital Guidance Fund, Fosun Capital, SenseTime Active Partial
12 Classiq Quantum software development platform $200M 6 November 2025 Undisclosed Strategic up-round AMD Ventures, Qualcomm Ventures, IonQ Active Partial
13 Atom Computing Neutral-atom quantum computers $190M 5 June 2026 $100M Series C Third Point Ventures, DCVC, Cisco Investments Active Strong
14 QBoson Photonic quantum computing systems $145M 2 March 2026 $145M Series B Beijing Financial Holdings Group, ICBC Capital, Addor Capital Active Partial
15 Horizon Quantum Computing Quantum software infrastructure $141M 3 March 2026 $120M IPO / SPAC dMY Squared Technology Group, Sequoia Capital India, Tencent IPO Full
16 Alice & Bob Fault-tolerant cat-qubit computing $137M 3 January 2025 $104M Series B Future French Champions, AVP, Bpifrance Active Full
17 Q-CTRL Quantum control infrastructure software $128M 6 October 2024 $59M Series B-2 GP Bullhound, Salesforce Ventures, Airbus Ventures Active Partial
18 Riverlane Quantum error correction software $118M 4 August 2024 $75M Series C Planet First Partners, ETF Partners, EDBI Active Full
19 Terra Quantum Quantum-as-a-service platform $86M 5 August 2024 Undisclosed Equity round Lakestar, Investcorp Active Partial
20 Q.ANT Photonic processing for AI $80M 2 October 2025 $8M Series A second close Cherry Ventures, UVC Partners, Duquesne Family Office Active Strong
21 Zapata AI Quantum applications software $77M 13 April 2026 $15M Strategic financing Triatomic Capital, Comcast Ventures, Prelude Ventures IPO Partial
22 eleQtron Trapped-ion quantum computing platform $73M 2 May 2026 $67M Series A Schwarz Digits, EIC Fund, Earlybird Active Strong
23 Quandela Photonic quantum computers $71M 2 November 2023 $54M Series B Serena, Crédit Mutuel Innovation, EIC Fund Active Strong
24 planqc Neutral-atom quantum computers $59M 2 July 2024 $54M Series A CATRON Holding, DTCF, UVC Partners Active Strong
25 Phasecraft Practical quantum algorithms $56M 4 September 2025 $34M Series B Plural, Playground Global, Novo Holdings Active Full
26 QpiAI Quantum AI enterprise platform $48M 3 December 2025 $10M Early-stage follow-on Valour Capital Active Partial
27 Algorithmiq Quantum algorithms for drug discovery $40M 3 May 2026 $21M Venture / growth round United Ventures, CDP Venture Capital, Inventure Active Strong
28 1QBit Quantum optimization software platform $35M 3 November 2017 $35M Series B Fujitsu, Accenture, Allianz Active Partial
29 QC Ware Quantum algorithms for enterprises $32M 2 September 2021 $25M Series B Koch Disruptive Technologies, Covestro, Citi Active Full
30 QEDMA Quantum Computing Quantum error mitigation software $31M 2 July 2025 $26M Series A Glilot Capital Partners, IBM, Korean Investment Partners Active Strong
31 Qutwo Hybrid AI quantum orchestration $29M 1 May 2026 $29M Angel Yuri Milner, Xavier Niel, Niklas Zennström Active Full
32 Strangeworks Quantum computing access platform $28M 2 March 2023 $24M Series A Hitachi Ventures, IBM Ventures, RTX Ventures Active Full
33 Qubit Pharmaceuticals Quantum drug discovery simulation $24M 2 June 2022 $17M Seed XAnge, Omnes Capital, Quantonation Active Strong
34 QunaSys Quantum chemistry software algorithms $24M 6 November 2024 $11M Series B2 SPARX, JIC VGI, Fujitsu Ventures Active Partial
35 QuiX Quantum Photonic quantum processors $23M 2 July 2025 $18M Series A Invest-NL, EIC Fund, PhotonVentures Active Strong
36 Quanscient Cloud quantum simulation software $22M 3 May 2026 $12M Series A 55 North, B&C Group, Crowberry Capital Active Strong
37 ORCA Computing Photonic quantum computers $19M 2 June 2022 $15M Series A Octopus Ventures, Oxford Science Enterprises, Quantonation Active Full
38 Aliro Quantum Quantum network security software $18M 3 February 2026 $15M Series B / venture round Gutbrain Ventures, Cisco Investments, Argon Ventures Active Strong
39 QANplatform Quantum-resistant blockchain platform $17M 2 December 2023 $15M Series A / VC investment MBK Holding, Fairum Ventures, BlackDragon Active Partial
40 HQS Quantum Simulations Quantum chemistry simulation software $16M 2 January 2022 $14M Series A Quantonation, UVC Partners, HTGF Active Full
41 Haiqu Quantum processor software $15M 2 January 2026 $11M Seed Primary Venture Partners, Qudit Investments, Alumni Ventures Active Full
42 ProteinQure Computational peptide drug design $15M 2 May 2025 $11M Series A Heron Rock Fund, Golden Ventures, Kensington Capital Active Strong
43 Quantum Generative Materials AI materials discovery platform $15M 1 June 2021 $15M Seed / strategic investment Comstock Inc. Acquired Strong
44 Kipu Quantum Hardware-specific quantum algorithms $14M 2 December 2023 $12M Seed HV Capital, DeepTech & Climate Fonds, Quantonation Active Full
45 QSimulate Quantum molecular simulation software $11M 4 November 2025 Undisclosed Additional Seed Embark Ventures Active Partial
46 Quside Quantum randomness cybersecurity $11M 2 July 2023 $11M Series A TRUMPF Ventures, Bullnet Capital, Demium Capital Active Partial
47 Kvantify Quantum software for life sciences $11M 1 June 2024 $11M Seed Dreamcraft Ventures, Lundbeckfonden BioCapital, 2degrees Active Full
48 BlueQubit Enterprise quantum software tools $10M 2 July 2024 $10M Seed Nyca Partners, Restive, Chaac Ventures Active Strong
49 Quantropi Quantum-secure cybersecurity platform $10M 1 September 2023 $10M Seed Undisclosed Active Low
50 Qunova Computing Quantum chemistry industrial software $10M 2 August 2025 $10M Series A GS Ventures, Korea Development Bank, Quantum Ventures Korea Active Strong
51 LuxQuanta Quantum-safe cybersecurity systems $9M 2 October 2025 $9M Series A Big Sur Ventures, A&G, EIC Fund Active Partial
52 Nord Quantique Error-corrected quantum computers $7M 1 February 2022 $7M Seed BDC Capital, Quantonation, Real Ventures Active Full
53 Qnami Quantum sensing microscopes $7M 2 May 2021 $4M Series A Runa Capital, SIT Capital, Quantonation Active Strong
54 BosonQ Psi Quantum simulation software $7M 3 July 2025 $2M Seed-II / extension Monta Vista Capital, New York Ventures, Arc Ventures Active Partial
55 evolutionQ Quantum-safe cybersecurity software $6M 2 February 2025 $1M Series A extension MK Venture Capital, Quantonation Active Partial
56 Iceberg Quantum Quantum error-detection software $6M 1 February 2026 $6M Seed Blackbird Ventures, DCVC, LocalGlobe Active Strong
57 Quantagonia Hybrid quantum optimization platform $5M 2 July 2023 Undisclosed Seed Tensor Ventures, Voima Ventures, BMH Active Partial
58 Kuano Quantum AI drug discovery $4M 2 September 2023 $2M Seed extension Mercia Ventures, ACF Investors, Ascension Ventures Active Full
59 MemComputing Physics-inspired optimization computing $3M 3 November 2025 Undisclosed Series A Not publicly disclosed Active Partial
60 QPerfect Quantum emulation software $2M 1 November 2025 $2M Strategic equity BTQ Technologies Acquired Partial
61 Jij Quantum optimization software $2M 1 August 2020 $2M Series A ANRI, DEEPCORE, MIRAI SOUZOU Active Partial
62 BEIT Quantum molecular modeling software $1M 1 October 2019 $1M Seed Kindred Capital, Bloomberg Beta, DCVC Active Strong
63 QMatter Quantum compression platform $1M 1 April 2026 $1M Pre-seed 55 North, XTX Ventures, Bellstate Active Full
64 QodeX Quantum Quantum-native AI models $1M 2 January 2026 $1M Seed / Venture Not disclosed Active Partial
65 Qoro Quantum Hybrid quantum-classical orchestration $1M 1 April 2026 $1M Pre-Seed Ada Ventures, Superangels Venture Fund, Polsky Center Active Full
66 MagiQware Magic-state factory optimization $1M 1 July 2026 $1M Pre-Seed LUMO Labs, Graduate Ventures, Delft Enterprises Active Full

Key funding trends in the quantum software market

Insights

  • Quantum software funding is highly concentrated, with the top 10 startups capturing about 78.6% of ranked capital, even though the market includes dozens of smaller specialists.
  • Quantinuum alone represents about 26% of total ranked quantum software funding, which shows how much investor attention has moved toward full-stack quantum platforms.
  • The top 5 quantum software companies raised about $7.11B combined, which means late-stage platforms dominate the visible funding pool more than the long startup list suggests.
  • Neutral-atom companies form one of the strongest funding clusters, with Infleqtion, PASQAL, QuEra, Atom Computing and planqc raising more than $1.62B combined.
  • Photonic quantum companies also represent a deep capital pool, with Quantum Computing Inc., Xanadu, TuringQ, QBoson, Q.ANT, Quandela, QuiX Quantum and ORCA Computing raising more than $2.7B combined.
  • The active private quantum software opportunity set is still meaningful, with about $4.21B raised by companies that have not yet gone public or been acquired.
  • Only 18 ranked companies have raised at least $100M, but those companies account for about 90% of total funding, creating a clear barbell between scale players and early experiments.
  • Recent funding momentum is strong, with 36 quantum software startups raising capital in the last 12 months, including several large rounds in 2025 and 2026.
  • Drug discovery, chemistry and molecular simulation remain active subsegments, but most companies in these areas are still much smaller than hardware-adjacent quantum platforms.
  • Strategic investors are unusually visible in quantum software, with Honeywell, Google, NVIDIA, IBM, AMD, Cisco, Salesforce, Airbus and other corporate investors appearing across the ranking.

A few word about our methodology

As you can see, we built a database that ranks startups in the quantum software 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 funding amounts in the quantum software market. 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, 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. 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 too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.

When the confidence level is too low, we take a conservative approach and review the company carefully before keeping it in the ranking. We don’t want to include data that cannot be reasonably verified.

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.

Who is the author of this content?

NEW MARKET PITCH TEAM

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