PsiQuantum Stock
Silicon Photonics Quantum Computing
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About PsiQuantum Stock
PsiQuantum is developing a quantum computer using silicon photonics technology. In contrast to a matter-based quantum computing approach, PsiQuantum claims they benefit from over 50 years of research and trillions of dollars invested in silicon wafer technology. PsiQuantum claims to utilize photonic qubits in their computing solutions, and as such, they don't need to develop novel quantum technologies to create qubits from solid matter as their competitors do.
PsiQuantum was founded in 2016 and is headquartered in Palo Alto, California. Notable investors include BlackRock, Baillie Gifford, and Microsoft.
Investors
Atomico
MessageBird, Attentive, Graphcore, PsiQuantum, MasterClass, Lime, Gympass, Clutter, Omio, Automile
Blackbird Ventures
BlackRock
Databricks, Rivian, View, Scopely, Relativity Space, Snyk, Jawbone, MessageBird, DataRobot, SambaNova Systems
Founders Fund
Lyft, Spotify, Airbnb, Stripe, Anduril Industries, Flexport, Palantir Technologies, Wish, Compass, Zenefits
Playground Global
Relativity Space, PsiQuantum, Branch, Skydio, Virta Health, fabric, Velo3D
Redpoint
Cityblock Health, PsiQuantum, SentinelOne, Cockroach Labs, Getaround, Guild Education, Alchemy, Arctic Wolf, Nextdoor, Workato
SciFi VC
Zymergen, PsiQuantum, Anchorage Digital, Synthego, Virta Health, Emulate
Temasek Holdings
PharmEasy, Tokopedia, Ola, Magic Leap, DoorDash, Impossible Foods, Commonwealth Fusion, Wish, Snyk, AvidXchange
The House Fund
Funding History
| 2016-06-22 | $13.3M |
|---|---|
| 2017-09-05 | $50.0M |
| 2019-09-09 | $154M |
| 2021-05-21 | $500M |
Management
Chief Executive Officer
Jeremy O'Brien
Chief Financial Officer
Elliot Carpenter
Press
businesswire - Jun, 20 2023
PsiQuantum publishes paper projecting a 700x reduction in the computational resource requirements for breaking Elliptic Curve Cryptography using a fault tolerant quantum computereenewseurope - May, 6 2023
PsiQuantum to ramp up silicon photonics with Skywaterow - Dec, 2 2022
PsiQuantum Announces Breakthrough in Architectures for Error-corrected Quantum Computingwp - Oct, 19 2022
PsiQuantum and Air Force Research Laboratory in $22.5M Contract to Build ‘Utility-Scale’ Quantum Computernews - Sep, 23 2022
Deep Tech Funding Slows As ‘Tourist’ Investors Retreatforbes - Sep, 21 2022
PsiQuantum Has A Goal For Its Million Qubit Photonic Quantum Computer To Outperform Every Supercomputer On The Planetnews - May, 13 2022
Quantum Technology Gains Momentum As Computing Gets Closer To Realityschumer - Apr, 28 2022
Expanded Partnership Between GlobalFoundries & PsiQuantum Will Develop Next Generation Of Photonic Quantum Computing Systemquantumcomputingreport - Apr, 14 2022
PsiQuantum Partners with Mercedes-Benz to Research Battery Chemistry Simulation on a Fault Tolerant Quantum Processortheregister - Mar, 8 2022
PsiQuantum envisions a datacenter-sized quantum computeraithority - Dec, 8 2021
PsiQuantum and QunaSys Partner to Advance Industrial Chemistry and Materials Science through Quantum Computingnews - Sep, 15 2021
Eyeing Opportunities, Investors Begin Looking More Closely At Deep Technews - Sep, 7 2021
Under The Hood: Microsoft’s M12 Venture Arm Continues Evolution As It Quickens Investment Pacenanalyze - Aug, 31 2021
Quantum Computing Stocks Are Having a Momentpulse2 - Aug, 2 2021
PsiQuantum: $450 Million In Funding And $3.15 Billion Valuationow - Jul, 28 2021
PsiQuantum Closes $450M Funding Round to Build Commercially Viable Quantum Computerwsj - Jul, 28 2021
PsiQuantum Raises $450 Million to Build Its Quantum Computerstartuparound - Jun, 8 2021
What corporate customers are really doing with quantum computingforbes - May, 10 2021
Last Week’s Big Technology Reveal: PsiQuantum’s Previously Secret Q1 Photonic Quantum Computer With GlobalFoundriesow - Feb, 5 2021
Building A Quantum Computer with Lightcnet - Dec, 4 2020
Intel upgrades quantum computer ambitions with new control chipnanalyze - Sep, 14 2020
2 thoughts on “Is Quantum Computing Real or Just Vaporware?”bvp - Aug, 18 2020
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