Quantum Circuits, Inc. (QCI) is developing a full-stack quantum computing platform using superconducting devices and a modular, robust, and scalable architecture. QCI's mission is to build the first truly useful quantum computers.
Our novel approach to building quantum computers is based on technology developed over a decade of research at Yale University's world-class quantum labs. Our machines have built-in error correction, unique software features that enable lightning-fast algorithm execution, and multiple modes of operation to solve more algorithms than ever, all in one quantum computer.
Our novel approach to building quantum computers is based on technology developed over a decade of research at Yale University's world-class quantum labs. Our machines have built-in error correction, unique software features that enable lightning-fast algorithm execution, and multiple modes of operation to solve more algorithms than ever, all in one quantum computer.
Location: United States, Connecticut, New Haven
Employees: 11-50
Total raised: $78M
Founded date: 2015
Investors 7
| Date | Name | Website |
| 22.05.2024 | Connecticu... | ctinnovati... |
| - | Tribeca Ve... | tribecavp.... |
| 26.03.2022 | ARCH Ventu... | archventur... |
| 23.01.2024 | F-Prime Ca... | fprimecapi... |
| - | Sequoia Ca... | sequoiacap... |
| - | Fitz Gate ... | fitzgate.c... |
| - | Canaan Par... | canaan.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 19.08.2024 | Series B | $60M | - |
| 14.11.2017 | Series A | $18M | Sequoia Ca... |
Mentions in press and media 14
| Date | Title | Description |
| 10.12.2025 | Fitz Gate Ventures: Third VC Fund Closed, Bringing AUM To About $70 Million | Fitz Gate Ventures has closed its third venture capital fund, bringing the firm’s total assets under management to approximately $70 million as it continues to expand its early-stage investment activities across deep tech and other high-gro... |
| 19.08.2024 | Quantum Circuits: Yale Computing Solution Spinout Raises Over $60 Million (Series B) | Quantum Circuits announced it has secured a final Series B investment round of over $60 million. This funding round provides additional capital support as it prepares to commercialize its quantum systems with an industry first: error detect... |
| 19.08.2024 | Startups Take Longer To Close Rounds, As Funding Cliff Looms | 16 Shares Email Facebook Twitter LinkedIn The time lapse between funding rounds for early-stage startups has reached the highest point in more than a decade. That was the finding from a Crunchbase survey of U.S. companies that raised Series... |
| 16.08.2024 | Quantum Circuits Raises Over $60M in Series B Funding | Co-founder and Chief Scientist Rob Schoelkopf (left) with CEO and President Ray Smets. Quantum Circuits, a New Haven, CT-based developer of quantum computers, raised over $60M in Series B funding. The round was led by ARCH Venture Partners,... |
| 15.08.2024 | Quantum Circuits Secures More Than $60 Million in Series B Investment | Final Closing of Funding Round Follows Hiring of CEO Ray Smets, Reinforces Industry First That Paves Faster Path to Commercial-ready Quantum Computing – More Powerful Qubits With Built-in Error Detection NEW HAVEN, Conn., Aug. 15, 2024 /PRN... |
| 15.08.2024 | Quantum Circuits raises $60M to build scalable error-correcting quantum platform Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mission to ... | Quantum Circuits Inc., a spinout from Yale University building a novel quantum computing platform, today announced it has raised more than $60 million in an early-stage funding round that will allow the company to commercialize its scalable... |
| 16.07.2024 | Powering new quality productive forces: Quantum technology | - |
| 28.09.2022 | QCI Completes Financing Transaction for $7,500,000 in Net Proceeds | LEESBURG, Va., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (QCI) (NASDAQ: QUBT), a leader in accessible quantum computing, has completed a financing transaction with an accredited, family office investor which provided net pro... |
| 20.09.2022 | Nvidia’s QODA, cuQuantum hybrid compute frameworks gaining in adoption | Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here. Nvidia’s QODA (Quantum Optimized Device Architecture) platform, announced in July, is designed to provide a single deve... |
| 14.11.2017 | Term Sheet — Tuesday, November 14 | THREE THINGS Good morning, Term Sheet readers. Paid Content Securing the enterprise without boundaries From ExtraHop • A DFJ spokesperson told me Jurvetson left “by mutual agreement.” • Meanwhile, Jurvetson tweeted that he’s leaving the fir... |
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