Quantum computing company Q-CTRL raises $290 million in funding, valuation exceeds $1 billion
Original headline量子计算公司 Q-CTRL 获 2.9 亿美元融资，估值突破 10 亿美元
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Q-CTRL, an Australian quantum technology company, raised $290 million in a funding round led by Salesforce Ventures, pushing its valuation above $1 billion. Existing backers In-Q-Tel and Lockheed Martin Ventures joined new investors including Affinity Partners, AMD Ventures and UAE defense group EDGE Group. The company develops quantum computing control software and quantum sensing technology aimed at reducing computational errors and improving system stability to accelerate commercialization. The round signals broadening institutional interest in quantum tech from the software, defense and strategic investment sectors. Q-CTRL's tools are targeted at applications in healthcare, finance and energy, with the new capital expected to scale those efforts.
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Named in this story
Q-CTRL, Salesforce Ventures, Lockheed Martin Ventures, In-Q-Tel, AMD Ventures, Affinity Partners, EDGE Group