PsiQuantum announced $1B Series E in September 2025, led by BlackRock, valuing the company at $7B (up from $3.2B in 2021). Joiners include NVIDIA NVentures, Temasek, Baillie Gifford, Morgan Stanley's Counterpoint Global, and the Qatar Investment Authority (Source: BusinessWire).
PsiQuantum's thesis is that commercially valuable quantum computing requires error correction — and therefore on the order of a million physical qubits. The company uses photonic qubits combined with direct leverage of high-volume semiconductor manufacturing (Source: PsiQuantum Newsroom).
PsiQuantum is breaking ground on utility-scale quantum computing sites in Brisbane (with A$940M Australian Commonwealth + Queensland investment) and Chicago. NVIDIA NVentures returned as a repeat investor in a January 2026 follow-on round (Source: BusinessWire; The Quantum Insider).
PsiQuantum today announced it has raised $1 billion in funding for its Series E round
Source: psiquantum.comPsiQuantum Signs $100 Million Letter of Intent with the U.S. Department of Commerce
Source: psiquantum.comAustralian Commonwealth and Queensland Governments will invest $940M AUD ($620M USD) into PsiQuantum
Source: psiquantum.comPsiQuantum has established a high-volume manufacturing process for its integrated photonic chipset
Source: psiquantum.comBuild the platform aimed at the world's first commercially useful, fault-tolerant quantum computer (Source: PsiQuantum Newsroom).
Top-tier strategic + financial investor base after Sept 2025 Series E (Source: BusinessWire).
Break ground on the world's first useful quantum computer flagships (Source: BusinessWire).
Queensland + Commonwealth co-investment for Brisbane site (Source: BusinessWire).
NVIDIA NVentures repeat investor (Sept 2025 + Jan 2026) signals quantum-classical convergence interest (Source: TechFundingNews).
Co-founded by Jeremy O'Brien, Terry Rudolph, Pete Shadbolt, Mark Thompson (Source: PsiQuantum.com).
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