About Silicon Quantum Computing
Silicon Quantum Computing is a company based in Sydney (Australia) founded in 2017 by Michelle Simmons. It operates as a SaaS (Software-as-a-Service), and Product-as-a-Service. Silicon Quantum Computing has raised $146.99 million across 3 funding rounds from investors including CommBank, Telstra and NSW. Silicon Quantum Computing offers products and services including Watermelon, Quantum Twin, and Jalapeño 1. Silicon Quantum Computing operates in a competitive market with competitors including Diraq, Conductor Quantum, Quantum Silicon and ARQUE Systems, among others.
- Headquarter Sydney, Australia
- Founders Michelle Simmons
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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 Silicon Quantum Computing
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$146.99 M (USD)
in 3 rounds
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Latest Funding Round
$13.99 M (USD), Series A
Mar 24, 2026
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Investors
CommBank
& 5 more
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Employee Count
Employee Count
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Products & Services of Silicon Quantum Computing
Silicon Quantum Computing offers a comprehensive portfolio of products and services, including Watermelon, Quantum Twin, and Jalapeño 1. 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.
A quantum feature generator for machine learning applications.
A quantum simulator for chemicals and materials design.
A gate-based processor for experimentation and advancement.
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Funding Insights of Silicon Quantum Computing
Silicon Quantum Computing has successfully raised a total of $146.99M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $13.99 million completed in March 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 Total Funding
- Total Rounds 3
- Last Round Series A — $14.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2026 | Amount | Series A - Silicon Quantum Computing | Valuation |
investors |
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| Jul, 2023 | Amount | Series A - Silicon Quantum Computing | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Silicon Quantum Computing | Valuation | Telstra , CommBank |
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| 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 Silicon Quantum Computing
Silicon Quantum Computing has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include CommBank, Telstra and NSW. 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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Provider of public, living relief, strengthening medicare, jobs, skills and training services
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Founded Year | Domain | Location | |
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Telecommunications and information services are provided across Australia.
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Founded Year | Domain | Location | |
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Retail, business, and institutional banking services are offered in Australia.
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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 Silicon Quantum Computing
| 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 - Silicon Quantum Computing
| 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 |
Silicon Quantum Computing Comparisons
Competitors of Silicon Quantum Computing
Silicon Quantum Computing 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 Diraq, Conductor Quantum, Quantum Silicon and ARQUE Systems, 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 |
Quantum computing hardware and cloud-based services are manufactured and provided.
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| domain | founded_year | HQ Location |
Developer of quantum computers
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| domain | founded_year | HQ Location |
Universal quantum computing devices are developed using silicon atoms.
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| domain | founded_year | HQ Location |
Develops and commercializes scalable quantum computing hardware based on semiconductor technology.
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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 Silicon Quantum Computing
Frequently Asked Questions about Silicon Quantum Computing
When was Silicon Quantum Computing founded?
Silicon Quantum Computing was founded in 2017.
Where is Silicon Quantum Computing located?
Silicon Quantum Computing is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Silicon Quantum Computing a funded company?
Silicon Quantum Computing is a funded company, having raised a total of $146.99M across 3 funding rounds to date. The company's 1st funding round was a Seed of $83M, raised on Jun 01, 2017.
What does Silicon Quantum Computing do?
Silicon Quantum Computing is engaged in the development of advanced quantum computing platforms using atomic-scale manufacturing with silicon and phosphorus atoms. The company is recognized for producing high-fidelity quantum processors and fully integrated in-house chip manufacturing. Solutions are provided for quantum machine learning, simulation, and gate-based processing. Products are made accessible via cloud and on-premise hardware. The focus is placed on achieving commercial-scale error-corrected quantum computers by 2033. Operations are centered in the technology sector with an emphasis on quantum hardware innovation.
Who are the top competitors of Silicon Quantum Computing?
Silicon Quantum Computing's top competitors include Diraq, Conductor Quantum and Quantum Silicon.
What products or services does Silicon Quantum Computing offer?
Silicon Quantum Computing offers Watermelon, Quantum Twin, and Jalapeño 1.
Who are Silicon Quantum Computing's investors?
Silicon Quantum Computing has 6 investors. Key investors include CommBank, Telstra, NSW, UNSW Sydney, and Government of Australia.