Tech Company Financing Transactions

Q-CTRL Funding Round

Q-CTRL, based in Los Angeles, secured $27.4 million from Salesforce Ventures, Airbus Ventures and Alumni Ventures.

Transaction Overview

Company Name
Announced On
1/31/2023
Transaction Type
Venture Equity
Amount
$27,400,000
Round
Undisclosed
Proceeds Purpose
t will use the proceeds to continue developing its quantum technology, concentrating on product engineering, sales and marketing capacity. It also plans to grow its team from 80 to approximately 120 this year across Sydney, Los Angeles and Berlin offices.

Company Information

Company Status
Private & Independent
Industry
Engineering
Mailing Address
555 West 5th St. 35
Los Angeles, CA 90013
USA
Phone
Undisclosed
Email Address
Overview
Q-CTRL is using control to solve the hardest problems facing quantum technology, improving hardware performance and accelerating pathways to useful quantum computers and other technologies. Through our professionally developed tools, we put our deep expertise in quantum control into your hands.
Profile
Q-CTRL LinkedIn Company Profile
Social Media
Q-CTRL Company Twitter Account
Company News
Q-CTRL News
Facebook
Q-CTRL on Facebook
YouTube
Q-CTRL on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Biercuk
  Michael Biercuk LinkedIn Profile  Michael Biercuk Twitter Account  Michael Biercuk News  Michael Biercuk on Facebook
Chief Financial Officer
Rosalind Loo
  Rosalind Loo LinkedIn Profile  Rosalind Loo Twitter Account  Rosalind Loo News  Rosalind Loo on Facebook
Chief Operating Officer
Matthew Rogers
  Matthew Rogers LinkedIn Profile  Matthew Rogers Twitter Account  Matthew Rogers News  Matthew Rogers on Facebook
Chief Scientific Officer
Michael Hush
  Michael Hush LinkedIn Profile  Michael Hush Twitter Account  Michael Hush News  Michael Hush on Facebook
Chief Technical Officer
Robert Love
  Robert Love LinkedIn Profile  Robert Love Twitter Account  Robert Love News  Robert Love on Facebook
Chief Technical Officer
Damien Metcalf
  Damien Metcalf LinkedIn Profile  Damien Metcalf Twitter Account  Damien Metcalf News  Damien Metcalf on Facebook
VP - Bus. Development
Frank Vincze
  Frank Vincze LinkedIn Profile  Frank Vincze Twitter Account  Frank Vincze News  Frank Vincze on Facebook
VP - Product Management
Kevin Chee
  Kevin Chee LinkedIn Profile  Kevin Chee Twitter Account  Kevin Chee News  Kevin Chee on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/31/2023: Teal Health venture capital transaction
Next: 1/31/2023: Cadiz venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary