# Q-CTRL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/q-ctrl-pty

- Industry: Software
- Headquarters: Chippendale, Australia
- Website: www.q-ctrl.com
- Total disclosed funding: $132M
- Latest round: Series B (Oct 8, 2024)
- Investors on record: 22

## About

Based in New South Wales, Australia, and founded in 2017 by Michael Biercuk, Q-Ctrl Pty Ltd. operates as a software company that develops performance measurement software that enables users to design and deploy controls to suppress errors in quantum computers. 
Q-CTRL Pty. Ltd. is a developer of quantum technology software that addresses fundamental issues in the field of hardware error and instability. The company's quantum computing tool employs a new generation of quantum sensors and Q-CTRL to shape every application of quantum technology, allowing users to deliver the highest performance error-correcting and suppressing techniques in the world, as well as a unique capability to accelerate the pathway through AI-driven error suppression embedded within quantum algorithms.

## Funding rounds

- Series B, Oct 8, 2024, $58M — DCVC, Alumni Ventures Group, Salesforce Ventures, Alpha Edison, Lockheed Martin Ventures, Main Sequence Ventures, GP Bullhound, Allectus Capital, NTT Finance, Salus Group, TISI
- Series B, Nov 22, 2022, $27M — Sierra Ventures, Horizons Ventures, DCVC, Mindrock, Alumni Ventures Group, Salesforce Ventures, Airbus Ventures, Main Sequence Ventures, Allectus Capital, Ridgeline
- Series B, Sep 15, 2021, $25M — Hong Shan, Sierra Ventures, Horizons Ventures, DCVC, Square Peg, Airbus Ventures, Main Sequence Ventures, Ridgeline, IQTI LLC, Vivaldi International Limited, Classic Chance Limited
- Series A, Jul 29, 2019, $22M — Hong Shan, Sierra Ventures, Horizons Ventures, Square Peg, Main Sequence Ventures, Vivaldi International Limited, Pearl Anchor Limited

## Investors

- Hong Shan — Series A, Series B
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series A, Series B
- Horizons Ventures — Series A, Series B
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A, Series B
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Series A, Series B
- Vivaldi International Limited — Series A, Series B
- Pearl Anchor Limited — Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series B
- Airbus Ventures (https://capitalatlas.ai/funds/airbus-ventures) — Series B
- Ridgeline (https://capitalatlas.ai/funds/ridgeline) — Series B
- IQTI LLC — Series B
- Classic Chance Limited — Series B
- Mindrock (https://capitalatlas.ai/funds/mindrock) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B
- Allectus Capital (https://capitalatlas.ai/funds/allectus-capital) — Series B
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Series B
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series B
- GP Bullhound (https://capitalatlas.ai/funds/gp-bullhound) — Series B
- NTT Finance — Series B
- Salus Group — Series B
- TISI — Series B