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High Tech Series B Founded 2017

Q-Ctrl

Q-Ctrl is a developer of cloud-based quantum control firmware that stabilizes qubits from quantum decoherence. The technology uses engineering-inspired transfer functions to provide realistic error budgeting and closed-loop control stabilization techniques for mitigating hardware errors. The company also provides advanced control protocols to reconstruct sensor features and provide quantum clock stabilization.…

📍 Sydney, Australia · Quantum Computing,

Funding snapshot

Last roundSeries B
Amount$59M
Date8 October 2024
Total raised$166M
Team size208

About

Q-Ctrl is a developer of cloud-based quantum control firmware that stabilizes qubits from quantum decoherence. The technology uses engineering-inspired transfer functions to provide realistic error budgeting and closed-loop control stabilization techniques for mitigating hardware errors. The company also provides advanced control protocols to reconstruct sensor features and provide quantum clock stabilization. Q-Ctrl's products help quantum hardware manufacturers and users improve the performance and reliability of their quantum computing systems, addressing one of the fundamental challenges in quantum technology. Founded in 2017 and headquartered in Sydney, Australia, Q-Ctrl has raised $166 million at the Series B stage from investors including Sequoia Capital, DCVC, Horizons Ventures, Main Sequence, Airbus Ventures, Sierra Ventures, In-Q-Tel, Lockheed Martin, NTT Finance, Salesforce Ventures, GP Bullhound, and Alpha Edison.

Business model

Quantum Computing > Quantum Software > Firmware

Team background

College Wise > Harvard University, University of Pennsylvania

Institutional investors

Sequoia Capital DCVC Horizons Ventures Main Sequence Airbus Ventures Sequoia Capital China Sierra Ventures In-Q-Tel Ridgeline Square Peg Ventures GP Bullhound Alpha Edison Lockheed Martin NTT Finance Salus VC

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