Top 10 Quantum Computing startups

Updated: February 07, 2024 | Editor: Siddhant Patel

Quantum computing is considered as a platform for AI systems. These startups develop quantum processors and quantum algorithms that can dramatically accelerate computational tasks for machine learning.
1
Country: USA | Funding: $432M
IonQ is a developer of quantum computing for commercial applications.
2
Country: Canada | Funding: $299M
D-Wave Systems designs and manufactures quantum computing and superconducting electronics.
3
Country: USA | Funding: $298.5M
Rigetti Computing is a full-stack quantum computing company. They design and manufacture superconducting quantum integrated circuits, package and deploy those chips in a low temperature environment, and build control systems to perform quantum logic operations on them.
4
Country: Finland | Funding: €233.8M
IQM builds scalable hardware for universal quantum computers, focusing on superconducting technology.
5
Country: USA | Funding: $184.5M
ColdQuanta develops and designs instruments and systems for quantum technology applications. The company offers unique products and services for scientific and industrial applications such as cold atom information processing, atomic clocks, and inertial sensing.
6
Country: Israel | Funding: $153M
Quantum Machines is developing operation and control systems for quantum computers - hardware and software that allow to realize the potential of quantum computing.
7
Country: UK | Funding: $146.5M
Oxford Quantum Circuits developing technology using the power of quantum to do things which have never been achieved before.
8
Country: France | Funding: €127.5M
PASQAL provides quantum processors for use in complex computing challenges.
9
Country: Switzerland | Funding: $90M
Terra Quantum is a quantum technology company that develops deep tech applications.
10
Country: Australia | Funding: $70.8M
Q-CTRL develops software that reduces error and noise in quantum computing hardware
11
Country: Singapore | Funding: $21.3M
Horizon Quantum is building new tools for quantum computers software development.
12
Country: Netherlands | Funding: €14.7M
QuantWare designs, develops and fabricates superconducting quantum hardware to accelerate the advent of the quantum computer.
13
Country: USA | Funding: $3M
Aliro Technologies has built a platform for developers to code more easily for quantum environments
14
Country: USA | Funding: $2.6M
Super.tech develops software that speeds up quantum computing by bridging the gap between applications and hardware.
15
Country: UK | Funding: £1.3M
Rahko is building quantum discovery capabilities for chemical simulation, which could enable groundbreaking advances in batteries, chemicals, advanced materials and drugs.
Editor: Siddhant Patel
Siddhant Patel is a senior editor for AI-Startups. He is based out of India and has previously worked at publications including Huffington Post and The Next Web. Siddhant has a special interest in artificial intelligence and has spent a decade covering the rapidly-evolving business and technology of the industry. Siddhant graduated from the Indian Institute of Science (Bengaluru). When he’s not writing, Siddhant is also a developer and has a deep historical knowledge of the computer industry for the past 50 years. You can contact Siddhant at sidpatel(at)ai-startups(dot)org