Building the World's First Useful Quantum Computer
AI📍 Palo Alto, CaliforniaFounded 2016
Current Valuation
$5.7B
as of 2025-Q3
UNICORN
PsiQuantum is developing utility-scale, fault-tolerant quantum computers using silicon photonics technology. The company manufactures its Omega quantum photonic chipset at GlobalFoundries' facility in New York and is building million-qubit quantum computing facilities in Brisbane, Australia and Chicago, Illinois. PsiQuantum's approach leverages high-volume semiconductor manufacturing to scale systems to approximately one million qubits, with applications in healthcare, drug discovery, materials science, and other computationally intensive problems.
Company Profile
CEO
Victor Peng
Founded
2016
HQ
Palo Alto, California
Employees
501-1000
Total Raised
$2.4B
Est. Revenue
$240.3M (2025-Q3)
Growth
Rapid growth unicorn, $7B valuation post-Series E
Last Round
Series E — $969.83M (Sep 2025)
IPO Status
Private
Fundraising Status
Series E · $969.83M · 11 mo ago
PrivateTotal raised $2.4B
Secondary Market
Implied price / share
$32.62
Last round price / share
$41.13
vs last round
-20.7%
Open interest
55
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series E
$969.83M
Sep 2025
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Founders & Key People
Jeremy O'BrienMark ThompsonPeter ShadboltTerry Rudolph
Investors
BlackRock · Temasek · Baillie Gifford · Macquarie Capital · Ribbit Capital · NVentures · Adage Capital Management · Qatar Investment Authority · Type One Ventures · Counterpoint Global · 1789 Capital · S Ventures · Blackbird Ventures · Third Point Ventures · T. Rowe Price Associates · Queensland Government · Australian Commonwealth Government · Playground Global · Redpoint Ventures · Founders Fund · M12 · Atomico · OGBC Group
Products
Omega chipset
Construct software suite
1M-qubit quantum computers
Brisbane quantum facility
Chicago quantum facility
Competitors
IonQ · Quantinuum · Rigetti · IBM Quantum · Google Quantum AI
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.