About Quantum Circuits
Quantum Circuits is a company based in New Haven (United States) founded in 2015 by Michel Devoret, Luigi Frunzio, Brian W. Pusch, and Robert Schoelkopf. Quantum Circuits has raised $104.61 million across 3 funding rounds from investors including Arch Venture Partners, Canaan and F-Prime Capital. The company has 20 employees as of December 31, 2022. Quantum Circuits offers products and services including Dual-Rail Qubit and Aqumen Seeker. Quantum Circuits operates in a competitive market with competitors including Rigetti Computing, D-Wave, Quantum Circuits Limited, Oxford Ionics and Quantum Motion, among others.
- Headquarter New Haven, United States
- Employees 20 as on 31 Dec, 2022
- Founders Michel Devoret, Luigi Frunzio, Brian W. Pusch, Robert Schoelkopf
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Quantum Circuits, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$104.61 M (USD)
in 3 rounds
-
Latest Funding Round
$60 M (USD), Series B
Aug 15, 2024
-
Investors
Arch Venture Partners
& 10 more
-
Employee Count
20
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Quantum Circuits
Quantum Circuits offers a comprehensive portfolio of products and services, including Dual-Rail Qubit and Aqumen Seeker.
Hardware for quantum computing with built-in error detection and control features.
System for executing quantum applications with error-aware processing.
People of Quantum Circuits
Unlock access to complete
Unlock access to complete
Funding Insights of Quantum Circuits
Quantum Circuits has successfully raised a total of $104.61M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in August 2024. 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.
Investors in Quantum Circuits
Quantum Circuits has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Arch Venture Partners, Canaan and F-Prime Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on life science companies
|
Locked | Locked | Locked | |
|
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
|
Locked | Locked | Locked | |
|
Sequoia Capital is engaged in venture capital investments.
|
Locked | Locked | Locked |
Investor details for Quantum Circuits
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Quantum Circuits
Investment portfolio details for Quantum Circuits
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Quantum Circuits
Detailed financials for Quantum Circuits
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Quantum Circuits Comparisons
Peer comparison for Quantum Circuits
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Quantum Circuits
Quantum Circuits 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 Rigetti Computing, D-Wave, Quantum Circuits Limited, Oxford Ionics and Quantum Motion, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Full-stack quantum computing solutions using superconducting qubits are developed.
|
|
| Locked | Locked | Locked |
Integrated universal quantum computers and software are developed.
|
|
| Locked | Locked | Locked |
Quantum computers using superconducting qubits are developed.
|
|
| Locked | Locked | Locked |
Quantum computers are provided using superconducting qubits and trapped ions.
|
|
| Locked | Locked | Locked |
A scalable universal quantum computer on silicon chips is developed.
|
Detailed competitors of Quantum Circuits
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Quantum Circuits
Complete news archive for Quantum Circuits
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Quantum Circuits
Quantum Circuits was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Quantum Circuits is headquartered in New Haven, United States. It is registered at New Haven, Connecticut, United States.
Ray Smets is the current CEO of Quantum Circuits.
Quantum Circuits is a funded company, having raised a total of $104.61M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Quantum Circuits is 20.
Quantum Circuits was founded in 2015 as a Yale University spin-off in New Haven, United States, focusing on the quantum computing sector. Superconducting quantum computing systems are designed to enable modular configurations for applications in drug discovery, genetics, finance, and industrial design. Hardware products, including quantum-limited parametric amplifiers, are offered. Series A funding is planned for expanding software development teams.
Quantum Circuits's top competitors include Rigetti Computing, D-Wave and Oxford Ionics.
Quantum Circuits offers Dual-Rail Qubit and Aqumen Seeker.
Quantum Circuits has 11 investors. Key investors include Arch Venture Partners, Canaan, F-Prime Capital, Sequoia Capital, and Hither Creek.