Fundz

Q-Ctrl Adds Morpheus Ventures To Record Setting Series B Funding Round With Total Of $54 Million Usd Raised

Jul 25, 2023

Round Type

Series B

ChippendaleSoftware

Description

Q-CTRL, a global leader in developing useful quantum technologies through quantum control infrastructure software, today announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million USD.

Quick answer

Q-CTRL raised an undisclosed amount in a Series B round, dated July 25, 2023. Q-CTRL is based in Chippendale, New South Wales, Australia.

How much did Q-CTRL raise?
Q-CTRL raised an undisclosed amount in a Series B round on July 25, 2023.
What does Q-CTRL do?
Q-CTRL makes quantum technology useful for enterprise, government, and research by uniquely addressing the problem of hardware error and instability, entirely through software.
Where is Q-CTRL based and how big is it?
Q-CTRL is based in Chippendale, New South Wales, Australia. Fundz records about 215 employees.
Who are the decision-makers at Q-CTRL?
Fundz holds 2 contacts at Q-CTRL, including the Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Q-CTRL that raised within 45 days of this round, from Fundz verified event records.

  • Embrace Software raised $10M on September 8, 2023.
  • Getir raised $500M (Funding Round) on September 8, 2023.
  • CLARA Analytics raised $24M (Series C) on September 8, 2023.
  • PMGC Holdings Inc. raised $250K (Seed) on September 8, 2023.
  • Ello raised $15M (Funding Round) on September 7, 2023.
  • Younite-AI raised an undisclosed amount (Private Equity) on September 7, 2023.

Who to call at Q-CTRL, and when

A new round usually means Q-CTRL is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Q-CTRL raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Q-CTRL, from your own LinkedIn network

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Company Information

Company

Q-CTRL

Location

Chippendale, New South Wales, Australia

About

Q-CTRL makes quantum technology useful for enterprise, government, and research by uniquely addressing the problem of hardware error and instability, entirely through software.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Q-CTRL raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contacts Michael J. B., Founder & CEO hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Q-CTRL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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