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Nov 12, 2026

Q-CTRL raises $290 million Series C at over $1 billion valuation for quantum software

Sydney-based quantum infrastructure software startup Q-CTRL raised a $290 million Series C led by Salesforce Ventures, valuing the company at more than $1 billion.

Nov 12, 2026·3 sources

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Top claims

▪Q-CTRL's $290 million Series C represents the largest funding raise ever for a software-focused quantum computing company
▪Military conflicts in Ukraine and the Middle East have highlighted navigation risks by disrupting satellite-based GPS systems with electronic jamming and spoofing that block location signals or present false coordinates
▪Salesforce Ventures partner Robert Keith stated that Q-CTRL solves the primary challenge in quantum computing by using AI-powered control software to extract useful output from quantum hardware

Topics

Venture capital funding Lockheed Martin AI startups Quantum computing GPS

Related entities

Ukraine Sydney DCVC