← Deal Flow

PsiQuantum

DeepSeries D+

PsiQuantum is on a mission to build the first commercially useful quantum computer to solve humanity's greatest challenges.

🌐 www.psiquantum.comLinkedIn📍 CAEst. 2015👥 501-1000 employees
0Rounds
2Articles
General InformationPsiQuantum is a silicon photonics quantum computing company headquartered in Palo Alto, California, with approximately 573 employees, founded in 2015.
Funding & FinancialsPsiQuantum has raised $2.32B in total across 8 rounds, most recently closing a $1B Series E in September 2025 led by BlackRock, Temasek, and Baillie Gifford at a $7B valuation.
Leadership & TeamCo-founder Jeremy O'Brien transitioned to Executive Chairman in early 2026, with Victor Peng (former President of AMD and CEO of Xilinx) appointed as Interim CEO; Mark Thompson serves as Co-Founder and CTO.
Recent ActivityIn early 2026, PsiQuantum appointed Victor Peng as Interim CEO and broke ground on utility-scale quantum computing facilities in both Chicago, Illinois and Brisbane, Australia, while also launching the Construct fault-tolerant algorithm software platform and its Omega chipset manufactured at GlobalFoundries.

Highlights

Total Raised
Latest Round
Stage
Series D+
deep-tech
Employees
501-1000
Founded 2015
Headquarters
CA
News Coverage
2 articles
Last: 6d ago
Talent Signals
SEC Filings

News Coverage 2

Similar Companies 6