Quantum computing startup PsiQuantum is raising at least $750 million in a funding round led by BlackRock. The funds will help PsiQuantum scale up its quantum computing chip production and advance its technology.
Amount Raised
$750 Million
Round Type
Funding Round
Palo AltoManufacturingHardwareInvestors
Description
PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation. BlackRock is leading the fundraising effort, which is still ongoing. The raised funds will support the company's plans to produce millions of quantum chips using existing photonics technology. This funding is crucial for scaling up their manufacturing capabilities in the competitive quantum computing industry.
Quick answer
PsiQuantum raised $750 Million in a Funding Round round, dated March 25, 2025. Investors: Blackrock. PsiQuantum is based in Palo Alto, California, United States.
- How much did PsiQuantum raise?
- PsiQuantum raised $750 Million in a Funding Round round on March 25, 2025.
- Who invested in PsiQuantum?
- Blackrock is named as investors in this round.
- What does PsiQuantum do?
- PsiQuantum was founded by four world leaders in quantum computing in 2016 and is headquartered in Palo Alto, California.
- Where is PsiQuantum based and how big is it?
- PsiQuantum is based in Palo Alto, California, United States. Fundz records about 550 employees.
- Who are the decision-makers at PsiQuantum?
- Fundz holds 2 contacts at PsiQuantum, including the Head of Quantum Chemistry. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Manufacturing around the same time
Companies in the same sectors as PsiQuantum that raised within 45 days of this round, from Fundz verified event records.
- Ensysce Biosciences raised $2.2M (Seed) on April 23, 2025.
- Lumai raised $10M on April 2, 2025.
- Ensysce Biosciences raised $1.1M (Seed) on March 31, 2025.
- Emtar Technologies raised $15M (Angel) on February 21, 2025.
- Maybell Quantum Industries raised $38M on February 19, 2025.
- Vimano raised $2.9M (Seed) on May 9, 2025.
Who to call at PsiQuantum, and when
A new round usually means PsiQuantum is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PsiQuantum raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PsiQuantum, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at PsiQuantum. With Fundz connected, it knows.
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Fundz sees it the moment PsiQuantum raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
PsiQuantum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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