Q-CTRL Overview
- Year Founded
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2017
- Status
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Private
- Employees
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144
- Latest Deal Type
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Series B
- Latest Deal Amount
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$114M
- Investors
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30
Q-CTRL General Information
Description
Developer of a quantum computing technology designed to overcome fundamental challenges in the field of hardware error and instability. The company's technology uses a new generation of quantum sensors to integrate performance-management software with superconducting and silicon-based platforms to deliver unprecedented capabilities to end users, enabling users to deliver quality performance error-correcting and suppressing techniques globally and to quickly learn quantum computing.
Contact Information
Website
www.q-ctrl.comCorporate Office
- 93 Shepherd Street
- Chippendale, New South Wales 2008
- Australia
Corporate Office
- 93 Shepherd Street
- Chippendale, New South Wales 2008
- Australia
Q-CTRL Timeline
Q-CTRL Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series B) | 08-Oct-2024 | $114M | Completed | Generating Revenue | ||
| 6. Grant | 10-Feb-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 01-Jan-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 14-Apr-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 10-Sep-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 31-Oct-2017 | Completed | Startup | |||
| 1. University Spin-Out | 01-Jan-2017 | Completed | Startup |
Q-CTRL Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B2 Preference | ||||||||
| Series B | ||||||||
| Series A | 133,909 | $111.51 | $111.51 | 1x | $111.51 | 22.13% | ||
| Preference | 124,527 | $28.31 | $28.31 | 1x | $28.31 | 20.57% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Q-CTRL Comparisons
Industry
Financing
Details
Q-CTRL Competitors (13)
One of Q-CTRL’s 13 competitors is QuantrolOx, a Venture Capital-Backed company based in Oxford, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| QuantrolOx | Venture Capital-Backed | Oxford, United Kingdom | ||||
| Qruise | Venture Capital-Backed | Saarbrucken, Germany | ||||
| Haiqu | Venture Capital-Backed | San Francisco, CA | ||||
| Riverlane | Venture Capital-Backed | Cambridge, United Kingdom | ||||
| D-Wave | Formerly VC-backed | Palo Alto, CA |
Q-CTRL Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Q-CTRL Patents
Q-CTRL Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2022902177-A0 | Robust atom interferometer | Pending | 03-Aug-2022 | ||
| AU-2022900597-A0 | Error robust quantum compiler | Pending | 11-Mar-2022 | ||
| AU-2023232831-A1 | "error robust quantum compiler" | Pending | 11-Mar-2022 | ||
| EP-4490677-A1 | Error robust quantum compiler | Pending | 11-Mar-2022 | ||
| AU-2021903901-A0 | Quantum approximate optimisation | Pending | 02-Dec-2021 |
Q-CTRL Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Q-CTRL Investors (30)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1802 Ventures | PE/Buyout | Minority | ||
| Airbus Ventures | Corporate Venture Capital | Minority | ||
| Allectus Capital | Venture Capital | Minority | ||
| Alpha Edison | Venture Capital | Minority | ||
| Alumni Ventures | Venture Capital | Minority |
Q-CTRL FAQs
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When was Q-CTRL founded?
Q-CTRL was founded in 2017.
-
Where is Q-CTRL headquartered?
Q-CTRL is headquartered in Chippendale, Australia.
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What is the size of Q-CTRL?
Q-CTRL has 144 total employees.
-
What industry is Q-CTRL in?
Q-CTRL’s primary industry is Business/Productivity Software.
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Is Q-CTRL a private or public company?
Q-CTRL is a Private company.
-
What is the current valuation of Q-CTRL?
The current valuation of Q-CTRL is .
-
What is Q-CTRL’s current revenue?
The current revenue for Q-CTRL is .
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How much funding has Q-CTRL raised over time?
Q-CTRL has raised $129M.
-
Who are Q-CTRL’s investors?
1802 Ventures, Airbus Ventures, Allectus Capital, Alpha Edison, and Alumni Ventures are 5 of 30 investors who have invested in Q-CTRL.
-
Who are Q-CTRL’s competitors?
QuantrolOx, Qruise, Haiqu, Riverlane, and D-Wave are some of the 13 competitors of Q-CTRL.
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