Tech Company Financing Transactions
Qolab Funding Round
Qolab, based in Madison, secured $54.2 million from UC Investments, Octave Ventures and Phoenix Venture Partners.
Transaction Overview
Company Name
Announced On
7/2/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$54,200,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds for continued development of scalable superconducting quantum computing technologies, expansion of strategic semiconductor collaborations, and acceleration its target toward fault-tolerant quantum computing.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
Madison, WI Undisclosed
USA
Madison, WI Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Qolab, Inc., a Madison, Wis.-based leader in superconducting quantum computing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alan Ho
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