About PsiQuantum
PsiQuantum is a company based in Palo Alto (United States) founded in 2015 by Mark Thompson, Terry Rudolph, Pete Shadbolt, and Jeremy O'Brien.. PsiQuantum has raised $2.32 billion across 8 funding rounds from investors including SentinelOne, Morgan Stanley and Gov.uk. The company has 12 employees as of March 30, 2024. PsiQuantum offers products and services including Omega Chipset and Quantum Computer Blueprint. PsiQuantum operates in a competitive market with competitors including Atom Computing, Quantum Source, Quandela, Quanfluence and QuiX Quantum, among others.
- Headquarter Palo Alto, United States
- Employees 12 as on 30 Mar, 2024
- Founders Mark Thompson, Terry Rudolph, Pete Shadbolt, Jeremy O'Brien
- Stage Unicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Psiquantum Corp
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.04 M (USD)-20as on Mar 31, 2022
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Net Profit
$95.14 K (USD)-78.47as on Mar 31, 2022
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EBITDA
$131.78 K (USD)-78.53as on Mar 31, 2022
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Total Equity Funding
$2.32 B (USD)
in 8 rounds
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Latest Funding Round
$1 B (USD), Series E
Sep 10, 2025
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Investors
SentinelOne
& 23 more
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Employee Count
12
as on Mar 30, 2024
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Products & Services of PsiQuantum
PsiQuantum offers a comprehensive portfolio of products and services, including Omega Chipset and Quantum Computer Blueprint. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manufacturable chipset for photonic quantum computing systems.
Path to large-scale fault-tolerant quantum computers using photonics.
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Funding Insights of PsiQuantum
PsiQuantum has successfully raised a total of $2.32B across 8 strategic funding rounds. The most recent funding activity was a Series E round of $1 billion completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series E — $1.0B
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First Round
First Round
(17 Nov 2019)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series E - PsiQuantum | Valuation | BlackRock | |
| May, 2025 | Amount | Series E - PsiQuantum | Valuation |
investors |
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| Apr, 2024 | Amount | Debt – Conventional - PsiQuantum | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PsiQuantum
PsiQuantum has secured backing from 24 investors, including institutional and venture fund investors. Prominent investors backing the company include SentinelOne, Morgan Stanley and Gov.uk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PsiQuantum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PsiQuantum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Psiquantum Comparisons
Competitors of PsiQuantum
PsiQuantum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Atom Computing, Quantum Source, Quandela, Quanfluence and QuiX Quantum, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Universal quantum computers are developed using optically trapped neutral atoms.
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| domain | founded_year | HQ Location |
Quantum computers with qubits are developed for error-corrected systems.
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| domain | founded_year | HQ Location |
Quantum photon sources for qubits are developed by the company.
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| domain | founded_year | HQ Location |
Quantum computing systems and photonics-based solutions are developed and provided.
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| domain | founded_year | HQ Location |
Photon-powered quantum computing processors are designed and developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Psiquantum
Frequently Asked Questions about PsiQuantum
When was PsiQuantum founded?
PsiQuantum was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is PsiQuantum located?
PsiQuantum is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of PsiQuantum?
Jeremy O'Brien is the current CEO of PsiQuantum. They have also founded this company.
Is PsiQuantum a funded company?
PsiQuantum is a funded company, having raised a total of $2.32B across 8 funding rounds to date.
How many employees does PsiQuantum have?
As of Mar 30, 2024, the latest employee count at PsiQuantum is 12.
What is the annual revenue of PsiQuantum?
Annual revenue of PsiQuantum is $1.04M as on Mar 31, 2022.
What does PsiQuantum do?
PsiQuantum was founded in 2015 in Palo Alto, United States, within the quantum computing sector. Photonic technology is employed to create error-corrected, general-purpose quantum computers. Operations focus on advancing hardware for scalable quantum systems. Applications are targeted at drug discovery, personalized medicine, artificial intelligence, and materials sciences, with development centered in the U.S.
Who are the top competitors of PsiQuantum?
PsiQuantum's top competitors include Atom Computing, Quantum Source and Quandela.
What products or services does PsiQuantum offer?
PsiQuantum offers Omega Chipset and Quantum Computer Blueprint.
Who are PsiQuantum's investors?
PsiQuantum has 24 investors. Key investors include SentinelOne, Morgan Stanley, Gov.uk, Macquarie Group, and BlackRock.
What is PsiQuantum's valuation?
The valuation of PsiQuantum is $3.15B as of Jul 2021.