Photon Queue Overview
- Year Founded
-
2024
- Status
-
Private
- Employees
-
8
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$4M
- Investors
-
9
Photon Queue General Information
Description
Developer of quantum memory devices designed to improve quantum communication and computing performance. The company offers photon storage devices based on linear optics with high efficiency, bandwidth, and multi-mode capabilities, adaptable to various wavelengths, enabling clients to integrate reliable photon storage into systems without complex infrastructure requirements such as cryogenics or vacuum setups.
Contact Information
Website
www.photonqueue.comCorporate Office
- 60 Hazelwood Drive
- Champaign, IL
- United States
Corporate Office
- 60 Hazelwood Drive
- Champaign, IL
- United States
Photon Queue Timeline
Photon Queue Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Seed Round | 21-Jul-2026 | $4M | Completed | Generating Revenue | ||
| 5. Grant | 14-Jul-2026 | Completed | Generating Revenue | |||
| 4. Grant | 23-Jul-2025 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Aug-2024 | $50K | $50K | Completed | Generating Revenue | |
| 1. University Spin-Out | 01-Jan-2024 | Completed | Generating Revenue |
Photon Queue Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
Photon Queue Comparisons
Industry
Financing
Details
Photon Queue Competitors (4)
One of Photon Queue’s 4 competitors is Qunnect, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Qunnect | Venture Capital-Backed | New York, NY | ||||
| Lightsynq | Formerly VC-backed | Brighton, MA | ||||
| memQ | Venture Capital-Backed | Chicago, IL | ||||
| WeLinQ | Venture Capital-Backed | Paris, France |
Photon Queue Signals
Photon Queue Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cerberus Ventures | Venture Capital | Minority | ||
| Illinois Ventures | Venture Capital | Minority | ||
| Playground Global | Venture Capital | Minority | ||
| New Mexico Economic Development Department | Government | |||
| Roadrunner Venture Studios | Accelerator/Incubator | Minority |
Photon Queue FAQs
-
When was Photon Queue founded?
Photon Queue was founded in 2024.
-
Where is Photon Queue headquartered?
Photon Queue is headquartered in Champaign, IL.
-
What is the size of Photon Queue?
Photon Queue has 8 total employees.
-
What industry is Photon Queue in?
Photon Queue’s primary industry is Computers, Parts and Peripherals.
-
Is Photon Queue a private or public company?
Photon Queue is a Private company.
-
What is the current valuation of Photon Queue?
The current valuation of Photon Queue is .
-
What is Photon Queue’s current revenue?
The current revenue for Photon Queue is .
-
How much funding has Photon Queue raised over time?
Photon Queue has raised $4.05M.
-
Who are Photon Queue’s investors?
Cerberus Ventures, Illinois Ventures, Playground Global, New Mexico Economic Development Department, and Roadrunner Venture Studios are 5 of 9 investors who have invested in Photon Queue.
-
Who are Photon Queue’s competitors?
Qunnect, Lightsynq, memQ, and WeLinQ are competitors of Photon Queue.
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