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United States Quantum Computing Startup PsiQuantum Raising $750 Million at $6 Billion Pre-Money Valuation, Founded in 2016 by Jeremy O’Brien, Terry Rudolph, Peter Shadbolt & Mark Thompson, Raised $450 Million at $3.15 Billion Valuation in 2024, Raised $665 Million Since 2016, Investors Include BlackRock Funds & Accounts, Baillie Gifford, Microsoft Venture Fund (M12)
26th March 2025 | Hong Kong
United States quantum computing startup PsiQuantum is raising $750 million at $6 billion pre-money valuation. PsiQuantum was founded in 2016 by Jeremy O’Brien, Terry Rudolph, Peter Shadbolt & Mark Thompson. PsiQuantum raised $450 million at $3.15 billion valuation in 2024, and has raised $665 million since founding in 2016. PsiQuantum investors include BlackRock Funds & Accounts, Baillie Gifford, Microsoft Venture Fund (M12). Profile – PsiQuantum has one mission: To build and deploy the first useful quantum computers. In 2016, PsiQuantum was founded after the founders realized they had identified a viable path to build large-scale, fault-tolerant systems by taking a photonics approach and leveraging the advanced semiconductor manufacturing industry and existing infrastructure. Nearly nine years later, PsiQuantum is building thousands of wafers of quantum chips, testing production cryogenic cabinets and developing fault-tolerant algorithms to deploy on our first systems. Our work continues.
“ United States Quantum Computing Startup PsiQuantum Raising $750 Million at $6 Billion Pre-Money Valuation, Founded in 2016 by Jeremy O’Brien, Terry Rudolph, Peter Shadbolt & Mark Thompson, Raised $450 Million at $3.15 Billion Valuation in 2024, Raised $665 Million Since 2016, Investors Include BlackRock Funds & Accounts, Baillie Gifford, Microsoft Venture Fund (M12) “
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United States Quantum Computing Startup PsiQuantum Raising $750 Million at $6 Billion Pre-Money Valuation, Founded in 2016 by Jeremy O’Brien, Terry Rudolph, Peter Shadbolt & Mark Thompson, Raised $450 Million at $3.15 Billion Valuation in 2024, Raised $665 Million Since 2016, Investors Include BlackRock Funds & Accounts, Baillie Gifford, Microsoft Venture Fund (M12)
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