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Q-Ctrl raises $290 million in Series C led by Salesforce Ventures at $1 billion-plus valuation

Australian quantum software startup Q-Ctrl has raised $290 million in a Series C funding round led by Salesforce Ventures, pushing its valuation above $1 billion.

A sign displaying the Q-Ctrl name and logo mounted on a wooden slatted wall.
Image: @qz

Australian quantum software startup Q-Ctrl has raised $290 million in a Series C funding round led by Salesforce Ventures, valuing the company at over $1 billion, according to reporting by Bloomberg's Jake Rudnitsky and coverage by Quartz and industry trackers.[3][4][5][6][7]

The company develops quantum software alongside quantum sensors and GPS-free navigation tools designed to help aircraft and ships navigate in environments where GPS signals are unavailable.[1][2][3][4]

Key facts

  • Salesforce Ventures led a $290 million Series C funding round in Q-Ctrl.
  • The funding round values Australian quantum startup Q-Ctrl at more than $1 billion.
  • Q-Ctrl develops quantum software and sensors that enable ships and aircraft to navigate when GPS is unavailable.

Sources · 7 sources

  1. TE

    Techmeme@TechmemePost on X ·

    Australian quantum software startup Q-Ctrl, which builds sensors that help ships and aircraft navigate when GPS is unavailable, raised $290M at a $1B+ valuation (@rudnit / Bloomberg) (Visit Techmeme dot com for the link and full context!)

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  2. SI

    SiliconANGLE@SiliconANGLEPost on X ·

    Quantum sensor and software maker Q-CTRL raises $290M in funding https://t.co/zTdoKChMQm

    Open source
  3. TE

    TechmemeArticle ·

    Australian quantum software startup Q-Ctrl, which builds sensors that help ships and aircraft navigate when GPS is unavailable, raised $290M at a $1B+ valuation (Jake Rudnitsky/Bloomberg) Jake Rudnitsky / Bloomberg : Australian quantum software startup Q-Ctrl, which builds sensors that help ships and aircraft navigate when GPS is unavailable, raised $290M at a $1B+ valuation — Salesforce Ventures led a $290 million round in Q-Ctrl that values the Australian quantum software company at more than $1 billion.

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  4. QU

    Quartz@qzPost on X ·

    Quantum software startup Q-Ctrl raised $290 million at more than $1 billion valuation: Salesforce Ventures led the Series C round for the quantum software company, which makes GPS-free navigation tools dlvr.​it/TWJPDf https://t.co/4Wni1AvYWI

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  5. TS

    The SaaS News@TheSaaSNewsPost on X ·

    Q-CTRL Raises $290M Series C #AI #AIInfrastructure #QuantumComputing #QuantumInfrastructure #QuantumTech #SeriesC #Funding #QCTRL https://t.co/5m0j5C1e0Z

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  6. BL

    Bloomberg@businessPost on X ·

    Salesforce Ventures led a $290 million round in Q-Ctrl that values the Australian quantum software company at more than $1 billion https://t.co/FWTp21N2fv

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  7. AG

    AGTP@AGTPinsightsPost on X ·

    BREAKING: Salesforce Ventures leads a $290 million round in Australian quantum software startup Q-Ctrl, valuing it at over $1 billion. https://t.co/smDQx2gkth

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