PsiQuantum

Palo Alto, United States Founded: 2015 • Age: 11 yrs Unicorn
Photon-based universal quantum computers are developed for error correction.

About PsiQuantum

PsiQuantum is a Technology company based in Palo Alto (United States) founded in 2015 by Mark Thompson, Terry Rudolph, Pete Shadbolt, and Jeremy O'Brien. Photon-based universal quantum computers are developed for error correction. PsiQuantum has raised $2.77 billion across 9 funding rounds from investors including Microsoft, SentinelOne and Morgan Stanley. The company has 672 employees. PsiQuantum was last valued at $3.15 billion in July 2021. Its chief executive, as recorded, is Jeremy O'Brien. Its website psiquantum.com draws about 88 thousand monthly visits. Its Indian entity Qsa Services (India) Private Limited reported revenue of β‚Ή11.82 Cr. PsiQuantum offers products and services including Omega Chipset and Quantum Computer Blueprint. Its focus areas include Semiconductors, Photonics, Quantum Optics and Quantum Computing.

Company details

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.

  • Headquarters Palo Alto, United States
  • Employees 672
  • Founders Mark Thompson, Terry Rudolph, Pete Shadbolt, Jeremy O'Brien
  • Stage Unicorn
  • Sectors
    Technology
  • Website psiquantum.com
  • Social LinkedIn X
  • Legal Name Psiquantum Corp
  • Date of Incorporation 02 Aug, 2012
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹11.82 Cr

    FY 2024 · +32% YoY

  • Indian entity net profit
    ₹1.50 Cr

    FY 2024 · 13% margin

  • Indian entity EBITDA
    ₹2.48 Cr

    FY 2024 · 21% margin

  • Total Equity Funding
    $2.77B (USD)

    in 9 rounds

  • Latest Funding Round
    $450M (USD), Series E

    Oct 2026

  • Investors
    Microsoft

    & 39 more

  • Employee Count
    672

Products & Services of PsiQuantum

PsiQuantum offers a comprehensive portfolio of products and services, including Omega Chipset and Quantum Computer Blueprint.

Omega Chipset
Quantum Hardware

Manufacturable chipset for photonic quantum computing systems.

Quantum Computer Blueprint
Research Framework

Path to large-scale fault-tolerant quantum computers using photonics.

Funding Insights of PsiQuantum

PsiQuantum has successfully raised a total of $2.77B across 9 strategic funding rounds. The most recent funding activity was a Series E round of $450 million completed in October 2026. 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 $2.77B
  • Total Rounds 9
  • Last Round Series E β€” $450M
  • First Round $230M

    (Nov 2019)

  • Investors Count 24

All 9 funding rounds of PsiQuantum with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2026$450MSeries E–BlackRock
–
Sep 2025$1BSeries E–BlackRock
May 2025$22MSeries E––
–
Apr 2024Debt – Conventional––
Apr 2024$614.09MSeries E–Queensland Government
Apr 2024Grant––
Mar 2023$10.76MGrant––
Jul 2021$450MSeries D$3.15BBlackRock
Nov 2019$230MSeries C–M12
Valuation history
DateValuationStage
Jul 2021$3.15Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.15B (Jul 2021). 40 investors in total: 40 institutional.

Investors in PsiQuantum

PsiQuantum has secured backing from 40 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, SentinelOne and Morgan Stanley.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on tech startups
playground.globalPalo Alto, United States
Redpoint Ventures is engaged in venture capital investments.
redpoint.comWoodside, United States
Venture capital investments in technology and defense sectors.
foundersfund.com
Investments are made in seed, early, and later-stage tech companies.
blackbird.vcSurry Hills, Australia
Tech-based companies are invested in by Atomico venture capital fund.
2006atomico.comLondon, United Kingdom
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Venture capital investments in technology startups are facilitated by M12.
m12.vcSan Francisco, United States
Early-stage companies in fintech and multiple sectors are invested in.
2012ribbitcap.comPalo Alto, United States
Venture capital arm of Nvidia
nventures.aiSanta Clara, United States
Investments in early-stage startups advancing humanity are provided.
type1ventures.comLos Angeles, United States
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Investor details for PsiQuantum

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Board of directors of Qsa Services (India) Private Limited (PsiQuantum)

Qsa Services (India) Private Limited is the primary company behind PsiQuantum. The board of Qsa Services (India) Private Limited currently have 3 directors; the longest-serving is Edmond Nam Hiong Tay, appointed in 2012. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Edmond Nam Hiong Tay
DIN 05276296
Director02 Aug 201214 yrs 2 moQsa Services (India) Private Limited
Tan Jeck Min
DIN 07428218
Director23 Feb 201610 yrs 8 moQsa Services (India) Private Limited
Nellore Murali
DIN 09804637
Director30 Nov 20223 yrs 11 moQsa Services (India) Private Limited

People of PsiQuantum

57 people are tracked at PsiQuantum (26 in leadership, 1 in board & advisors, 30 in team); the tracked headcount is 672.

NameRoleGroup
Mark Thompson
Co-Founder & CTOLeadership
Terry Rudolph
Co-FounderLeadership
Pete Shadbolt
Co-FounderLeadership
Jeremy O'Brien
Co-Founder & CEOLeadership
Peggy Stattler
Sr. Director, NPI Extended FactoryLeadership
Crystal Huang
Chief of StaffLeadership
Philipp Ernst
VP Of Quantum Solutions And Business DevelopmentLeadership
Stratton Sclavos
Senior Advisor To The CEOLeadership
Stephanie W.
Chief Strategy OfficerLeadership
Andy Engel
Vice PresidentLeadership
Fariba Danesh
COOLeadership
Rob Larisch
Senior Vice President, Global Supply ChainLeadership
Vimal Kamineni
Vice President Foundry EngineeringLeadership
Raynaldo Rivera
Senior Director Information SecurityLeadership
Sam Morley-Short
Director, Quantum Applications SoftwareLeadership
Vera Kenehan
Vice President Strategic InitiativesLeadership
Celia Cattelain
Senior Director Of International PartnershipsLeadership
Monier Nessim
Executive Vice President Of OperationsLeadership
Dylan Saunders
Director, Quantum Systems EngineeringLeadership
James Nelson
Chief Information & Security OfficerLeadership

37 more people are available in the full profile.

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Financials of PsiQuantum

Figures of Qsa Services (India) Private Limited, the primary company behind PsiQuantum, for FY 2024. Revenue was ₹11.82 Cr (+32% year on year). Net profit was ₹1.50 Cr (13% margin). EBITDA was ₹2.48 Cr (21% margin). Revenue has grown at a compounded annual rate of +3% over three years and +9% over five years.

  • ₹11.82 CrRevenue · FY 2024 · +32% YoY
  • ₹1.50 CrNet profit · 13% margin
  • ₹2.48 CrEBITDA · 21% margin
  • ₹1 LakhPaid-up capital
  • 12Employees (provident fund records)
  • +3%Revenue CAGR, 3 years
  • +9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Qsa Services (India) Private Limited are on its company page.

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Detailed financial statements for PsiQuantum

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Timeline of PsiQuantum

4 dated milestones of PsiQuantum across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded PsiQuantum is founded.
  2. Funding First funding round of $230.0M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series E, of $450.0M.

Web traffic of PsiQuantum

The website of PsiQuantum (psiquantum.com) receives about 88K visits a month.

  • Monthly visits
    88K

    ▲ 3.8% vs previous month

Similar websites

Websites whose visitors overlap most with PsiQuantum. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
chicagoquantum.org
chicagoquantum.org
100%
#1,272,303–
thequantuminsider.com
95%
376.5K#165,183View details
quantumcomputingreport.com
93%
#634,667View details
physicsworld.com
87%
#149,084View details
seeqc.com
87%
10K#2,261,707View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Neuromorphic & Quantum Computing

3 companies that operate in the same segment as PsiQuantum (Neuromorphic & Quantum Computing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Full-stack quantum computing solutions using superconducting qubits are developed.
2013Berkeley, California, United StatesUSD 195.62 MUSD 7.09 M140
Universal quantum computers using trapped-ion technology are provided via cloud.
2015College Park, Maryland, United StatesUSD 86 MUSD 43.07 M407
Universal quantum computers are developed using optically trapped neutral atoms.
2018Berkeley, California, United StatesUSD 201.2 M
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Related news about Psiquantum

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Frequently Asked Questions about PsiQuantum

PsiQuantum was founded in 2015 and raised its 1st funding round 4 years after it was founded.

PsiQuantum is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Jeremy O'Brien is the CEO of PsiQuantum, as recorded in our data. They have also founded this company.

PsiQuantum is a funded company, having raised a total of $2.77B across 9 funding rounds to date. The company's 1st funding round was a Series C of $230M, raised on Nov 2019.

PsiQuantum has 672 employees.

The primary company behind PsiQuantum, Qsa Services (India) Private Limited, reported revenue of β‚Ή11.82 Cr for FY 2024, up 32% year on year.

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.

PsiQuantum offers Omega Chipset and Quantum Computer Blueprint.

PsiQuantum has 40 investors. Key investors include Microsoft, SentinelOne, Morgan Stanley, Gov.uk, and Macquarie Group.

The valuation of PsiQuantum is $3.15B as of Jul 2021.

PsiQuantum operates through Qsa Services (India) Private Limited.

The legal entities of PsiQuantum currently have 3 directors, including Tan Jeck Min, Nellore Murali, Edmond Nam Hiong Tay.

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