Tech Company Financing Transactions

Quantum Circuits Funding Round

Quantum Circuits closed a $18 million Series A investment round on 11/15/2017. Investors included Canaan Partners, Sequoia Capital and Fitz Gate Ventures.

Transaction Overview

Company Name
Announced On
11/15/2017
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors

Canaan Partners (Lead Investor) (Brendan Dickinson)

Sequoia Capital (Lead Investor) (William Coughran)

Fitz Gate Ventures

Osage Partners

Tribeca Venture Partners

Proceeds Purpose
With this new capital, QCI will combine deep experience in quantum physics with the electrical, mechanical, and systems engineers needed for the scaling of quantum computers, as well as the software designers and programmers focused on algorithms and applications to real world problems.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
25 Science Park 240
New Haven, CT 06511
USA
Email Address
Overview
Quantum Circuits, Inc. (QCI) is a private venture founded in late 2015. QCI's long-term goal is to develop, manufacture, and sell the first practical and useful quantum computers based on superconducting devices.
Profile
Quantum Circuits LinkedIn Company Profile
Social Media
Quantum Circuits Company Twitter Account
Company News
Quantum Circuits News
Facebook
Quantum Circuits on Facebook
YouTube
Quantum Circuits on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Schoelkopf
  Robert Schoelkopf LinkedIn Profile  Robert Schoelkopf Twitter Account  Robert Schoelkopf News  Robert Schoelkopf on Facebook
Chief Technical Officer
Luigi Frunzio
  Luigi Frunzio LinkedIn Profile  Luigi Frunzio Twitter Account  Luigi Frunzio News  Luigi Frunzio on Facebook
Chief Technical Officer
Thomas Lubinski
  Thomas Lubinski LinkedIn Profile  Thomas Lubinski Twitter Account  Thomas Lubinski News  Thomas Lubinski on Facebook
Co-Founder
Michel Devoret
  Michel Devoret LinkedIn Profile  Michel Devoret Twitter Account  Michel Devoret News  Michel Devoret on Facebook
Co-Founder
Brian Pusch
  Brian Pusch LinkedIn Profile  Brian Pusch Twitter Account  Brian Pusch News  Brian Pusch on Facebook
VP - Bus. Development
Martin Mengwall
  Martin Mengwall LinkedIn Profile  Martin Mengwall Twitter Account  Martin Mengwall News  Martin Mengwall on Facebook
VP - Engineering
Harvey Moseley
  Harvey Moseley LinkedIn Profile  Harvey Moseley Twitter Account  Harvey Moseley News  Harvey Moseley on Facebook
VP - Finance
Steve Basso
  Steve Basso LinkedIn Profile  Steve Basso Twitter Account  Steve Basso News  Steve Basso on Facebook
VP - Product Management
Andrei Petrenko
  Andrei Petrenko LinkedIn Profile  Andrei Petrenko Twitter Account  Andrei Petrenko News  Andrei Petrenko on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/15/2017: Assemble Systems venture capital transaction
Next: 11/15/2017: Xtraction Services venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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