Q-CTRL
Make quantum technology useful. We are the first to achieve quantum advantage through AI-powered infrastructure software
Q-CTRL
Make quantum technology useful. We are the first to achieve quantum advantage through AI-powered infrastructure software
TL;DR
Founded: 2017 (Michael J. Biercuk)
What they do: AI-powered quantum infrastructure software for improving quantum hardware performance (computing and sensing/navigation)
Headquarters: Chippendale, New South Wales, Australia (global presence including Los Angeles, Berlin)
Funding: USD 133,000,000 total (Series B stage)
Employees: ~125
Key products: Fire Opal (performance management); Black Opal (quantum education)
Company Overview
Problem Domain
Quantum hardware error, instability and control; quantum sensing/navigation (including GPS-denied navigation); improving algorithmic and system-level performance for quantum computers.
Founded
2017
Industry
Quantum technology; quantum software
Tech Stack
Funding Track Record
Seed investors include Main Sequence Ventures, Horizons Ventures, Data Collective (DCVC), Sequoia Capital (per company history)
Series A led by Square Peg Capital (Sept 2019)
USD 25,000,000
Series B announced Nov 30, 2021 (led by Airbus Ventures, participation from multiple investors)
USD 27,400,000
Series B extension announced Jan 31, 2023; Salesforce Ventures noted as a new investor
USD 113,000,000
Company announced Series B increase to USD 113M led by GP Bullhound; new and repeat investors joined the round
Latest recorded funding event dated Oct 8, 2024 (Series B)
Investor Signal
“Backed by a mix of venture capital firms and strategic/corporate investors, including Airbus Ventures, DCVC, In-Q-Tel, GP Bullhound, Salesforce Ventures, Lockheed Martin Ventures, Square Peg Capital, Sierra Ventures, and others.”