Tech Company Financing Transactions
PsiQuantum Funding Round
PsiQuantum, based in Palo Alto, secured $620 million from Queensland Government.
Transaction Overview
Company Name
Announced On
4/30/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$620,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
700 Hansen Way
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Website
Email Address
Overview
PsiQuantum is building the first useful quantum computer. At PsiQuantum our singular focus is on building the world's first useful general purpose quantum computer. That end goal set us on a different path, with a different underlying technology -- silicon photonic qubits produced in a conventional semiconductor fab.
Management Team
Title
Name
Email & Social
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