PsiQuantum
PsiQuantum is developing a scalable quantum computer utilizing photonic qubits to achieve utility-scale, fault-tolerant quantum computing. This technology aims to tackle complex computational problems that are currently intractable for classical computers, enabling advancements in various fields such as cryptography and materials science.
- Quantum Computing
Funding
Raised to date
$2.4BRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 3 rounds
+22$1B · Series E
Announced Sep 2025
Disclosed cumulative: $2.4B
Founders
Product
Problem
Classical computers struggle with complex computational problems in fields like drug discovery, materials science, and cryptography due to the exponential scaling of computational resources required. These limitations hinder advancements in solving critical real-world challenges.
Solution
PsiQuantum is developing a utility-scale quantum computer based on photonic qubits, an approach that leverages existing semiconductor manufacturing infrastructure for scalability. By using photons as qubits, the architecture aims to achieve fault-tolerant quantum computing, enabling solutions to previously intractable problems. The company's focus is on building and deploying quantum computers capable of addressing complex calculations beyond the reach of classical systems. This technology has the potential to accelerate breakthroughs across various scientific and industrial domains.
Target Audience
The primary target audience includes researchers, scientists, and organizations in fields such as pharmaceuticals, materials science, finance, and government, who require advanced computational capabilities to solve complex problems.
Features
- Photonics-based architecture for scalable quantum computing
- Fault-tolerant quantum computing design
- Leverages existing semiconductor manufacturing infrastructure
- Focus on utility-scale quantum computer development