MemQ is a company that develops semiconductor materials with novel qubit storage capabilities that will play a critical role in quantum network development. They are developing rare earth-based (Erbium) technologies to enable scalable on-chip devices for quantum information storage, distribution and processing. Their products include solid-state hardware for distributed quantum information.
However, they recently announced their $2 MM seed round from Quantonation, Exposition Ventures, and George Shultz Innovation Fund.
However, they recently announced their $2 MM seed round from Quantonation, Exposition Ventures, and George Shultz Innovation Fund.
Location: United States, Illinois, Chicago
Employees: 1-10
Total raised: $2M
Founded date: 2022
Investors 1
| Date | Name | Website |
| 06.01.2026 | Blue Sky C... | blueskycap... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 17.02.2023 | Seed | $2M | - |
Mentions in press and media 5
| Date | Title | Description |
| 31.03.2026 | MemQ raises $10M to advance scalable distributed quantum networking Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | Quantum networking solutions startup memQ Inc. today announced it has raised $10 million in early-stage funding to advance scalable distributed networking for quantum computing. Quantonation and Ocean Azul Partners co-led the Series A round... |
| 31.03.2026 | memQ Closes $10M Series A Financing | memQ, a Chicago, IL-based developer of quantum networking solutions for distributed quantum computing, closed a $10M Series A financing. The round was co-led by Quantonation and Ocean Azul Partners, with syndicate participation from both ex... |
| 17.02.2023 | memQ Raises $2M in Seed Funding | memQ, a Chicago, IL-based quantum memory startup, raised $2M in Seed funding. The round was led by Quantonation, Exposition Ventures, and the George Schultz Innovation Fund. The company intends to use the funds to accelerate the development... |
| 16.02.2023 | Quantum startup MemQ gets $2 million for memory storage | - |
| - | MemQ | “enabling our quantum future” |