Q-CTRL Receives $25 Million (USD) Series B Financing

The round was led by Airbus Ventures with additional participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, Square Peg Capital, Sierra Ventures, DCVC, Sequoia Capital China and In-Q-Tel. Besides Q-CTRL's work in developing control software for quantum computing, Airbus has been particularly interested in Q-CTRL's recent work in quantum sensing. Dr. Lewis Pinault, Airbus Ventures Partner based in Tokyo said “At Airbus Ventures, we’re particularly excited about Q-CTRL’s widening span of advanced applications and solutions, including lunar development, geospatial intelligence, and Earth observation, all increasingly critical in the global effort to address the accelerating planetary system crises we now face.” Q-CTRL is also developing a new data-as-a-service market powered by quantum sensing for acceleration, gravity, and magnetic fields. They have also recently introduced a product called Black Opal which is an interactive quantum technology education program. More information about this Series B funding is available in a blog post on the Q-CTRL website which can be see here.

November 30, 2021