Quantum Computing Institute

Oak Ridge, United States Founded: 1943 • Age: 83 yrs
Quantum technologies are advanced through ORNLs collaborative research initiatives.

About Quantum Computing Institute

The Quantum Computing Institute was founded in 1943 within Oak Ridge National Laboratory in the United States. Quantum systems, software, materials science, devices, algorithms, and applications are explored by a team of over 60 members. Fabrication and characterization facilities at ORNL are utilized to build platforms for quantum computation. Operations center on research and development in the quantum computing sector, located in Oak Ridge.

  • Headquarter Oak Ridge, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website ornl.gov/quantum
  • Social LinkedIn X
Key Metrics
  • Latest Funding Round
    $150M (USD), Grant

    Jan 2009

  • Investors
    Blackberry

    & 2 more

Funding Insights of Quantum Computing Institute

  • Total Rounds 1
  • Last Round Grant β€” $150M
  • First Round $150M

    (Jan 2009)

  • Investors Count 3

All 1 funding rounds of Quantum Computing Institute with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2009$150MGrant––
Valuation history

3 investors in total: 3 institutional.

Investors in Quantum Computing Institute

Quantum Computing Institute has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Blackberry, Ontario Canada and University of Waterloo.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Access government services and products
1881ontario.caToronto, Canada
Endpoint security and enterprise software solutions are provided.
1984blackberry.comWaterloo, Canada
Multiple undergraduate and graduate degrees are offered across disciplines.
1957uwaterloo.caWaterloo, Canada
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Investor details for Quantum Computing Institute

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Quantum Computing Institute

1 people are tracked at Quantum Computing Institute (1 in leadership).

NameRoleGroup
Travis Humble
CEOLeadership
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Complete people profiles for Quantum Computing Institute

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Quantum Computing Institute

2 dated milestones of Quantum Computing Institute across 66 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quantum Computing Institute is founded.
  2. Funding First funding round of $150.0M.

Similar companies to Quantum Computing Institute

10 companies that operate in the same segment as Quantum Computing Institute (Neuromorphic & Quantum Computing), 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
Photon-based universal quantum computers are developed for error correction.
2015Palo Alto, California, United StatesUSD 2.32 BUSD 1.04 M12
Universal quantum computers using trapped-ion technology are provided via cloud.
2015College Park, Maryland, United StatesUSD 86 MUSD 43.07 M407
Cloud-based quantum cryptography solutions for secure communication are developed.
2016Bengaluru, Karnataka, IndiaUSD 43.25 MUSD 102.62 K58
Integrated universal quantum computers and software are developed.
1999Burnaby, British Columbia, CanadaUSD 210.36 MUSD 8.83 M220
Universal quantum computers are developed using optically trapped neutral atoms.
2018Berkeley, California, United StatesUSD 201.2 M––
System-on-chips for quantum computing applications are provided.
2019Elmsford, New York, United StatesUSD 64.26 M–13
Superconducting quantum computers are developed with advanced processors and operations.
2018Espoo, FinlandUSD 526.89 M––
Application-oriented research is conducted in bioeconomy, AI, and climate technologies.
1949Darmstadt, Hesse, GermanyUSD 23.27 M––
Quantum computers are provided using superconducting qubits and trapped ions.
2019Harrogate, United KingdomUSD 38.76 M–13
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Frequently Asked Questions about Quantum Computing Institute

Quantum Computing Institute was founded in 1943 and raised its 1st funding round 66 years after it was founded.

Quantum Computing Institute is headquartered in Oak Ridge, United States. It is registered at Oak Ridge, Tennessee, United States.

Travis Humble is the current CEO of Quantum Computing Institute.

The Quantum Computing Institute was founded in 1943 within Oak Ridge National Laboratory in the United States. Quantum systems, software, materials science, devices, algorithms, and applications are explored by a team of over 60 members. Fabrication and characterization facilities at ORNL are utilized to build platforms for quantum computation. Operations center on research and development in the quantum computing sector, located in Oak Ridge.

Quantum Computing Institute has 3 investors. Key investors include Blackberry, Ontario Canada, and University of Waterloo.

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