Tech Company Financing Transactions
PsiQuantum Funding Round
PsiQuantum, operating out of Palo Alto, secured $100 million from private investors.
Transaction Overview
Company Name
Announced On
9/8/2026
Transaction Type
Debt
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
PsiQuantum will accelerate the R&D, domestic manufacturability, and performance of its state-of-the-art critical components, including high-performance optical switches, high-temperature single-photon detectors, and advanced packaging approaches.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
700 Hansen Way
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Website
Email Address
Overview
PsiQuantum is building the first useful quantum computer. At PsiQuantum our singular focus is on building the world's first useful general purpose quantum computer. That end goal set us on a different path, with a different underlying technology -- silicon photonic qubits produced in a conventional semiconductor fab.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy O'Brien
Chief Operating Officer
Stu Aaron
Chief Technical Officer
Mark Thompson
VP - Bus. Development
Nicholas Kelez
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