Last deal

$50.4M

Amount

Series A

Stage

25.07.2023

Date

2

all rounds

$133.4M

Total amount

General

About Company
Silicon Quantum Computing (SQC) is a company developing quantum computer technologies.

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Also Known As

SQC

founded date

01.05.2017

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

SQC, based in Australia, is commercializing research from the Centre of Excellence for Quantum Computation and Communication Technology (CQC2T). With significant funding and a team of scientists and researchers, SQC aims to build a prototype 10-qubit integrated circuit by 2023, followed by a 100-qubit quantum processor before 2030. The company operates from state-of-the-art laboratories and has received funding from investors including the University of New South Wales, Commonwealth Bank of Australia, Telstra, Australian Commonwealth Government, and the State Government of New South Wales. SQC's ultimate goal is to create a universal quantum computer that can provide quantum computing solutions for a broad audience by the mid-2030s.
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