PsiQuantum: Quantum Computing

1/13/2022 07:22:00 PM

Quantum Computer Development – $450 Million Investment Attracted

PsiQuantum builds a large-scale, general-purpose silicon photonic quantum computer with at least 1 million physical qubits.

Instead of using superconducting circuits, photons (photons) are used as quantum computer computational units (qubits), allowing for error-free and more reliable calculations.

It has the advantage of being able to produce quantum processors using existing semiconductor equipment through cooperation with fabs, and is aiming to launch a commercial quantum computer in 2025.

PsiQuantum is on a mission to build the world’s first commercially viable quantum computer, powered by breakthroughs in silicon photonics and quantum architecture. PsiQuantum believes silicon photonics is the only way to scale beyond one million qubits and deliver an error-corrected, fault-tolerant, generalpurpose quantum computer. With quantum chips now being manufactured in a world-leading semiconductor fab, PsiQuantum is uniquely positioned to deliver quantum capabilities that drive advances with customers and partners in applications across climate, healthcare, finance, energy, agriculture, transportation, communications, and more.

General Information

Headquarters : San Francisco, CA
Founders : Jeremy O'Brien, Mark Thompson, Peter Shadbolt, Terry Rudolph
Categories : Computer, Hardware, Quantum Computing
Founded : 2016
Contact : info@psiquantum.com

Funding

Investors : Baillie Gifford, Blackbird Ventures, BlackRock, M12 - Microsoft's Venture Fund, Temasek Holdings
Funding Rounds (6) - $665M
Jul 27, 2021 Series D / $450M
Jul 10, 2021 Series D
May 11, 2021 Series C
Apr 6, 2020 Series C / $150M
Sep 5, 2017 Series B / $51.5M
Jun 21, 2016 Series A / $13.5M