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WHTop → 📋 News → Q-CTRL Raises $113M to Boost Quantum R&D and Scale Engineering
Q-CTRL Raises $113M to Boost Quantum R&D and Scale Engineering
📅 - Quantum infrastructure software developer Q-CTRL from Australia has significantly boosted its Series B funding round to $113 million (AUD $166M), securing an additional $59 million in financing. Headquartered in the United States, Q-CTRL aims to capitalize on this funding to advance its position in the burgeoning quantum technology sector.
The latest investment, led by global growth equity firm GP Bullhound, would mark a major milestone for the company, representing the largest Series B aggregate for a quantum software company to date. Q-CTRL is focused on developing software solutions that enhance the performance and stability of quantum hardware.
Q-CTRLs founder and CEO, Michael J. [...][... Check source for end of article ...]
Tags: Quantum Computing
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