Quantum Circuits develops scalable quantum computers with an architecture that integrates high-fidelity qubits and intrinsic error detection and handling. The company says its error-detection approach reduces the number of physical qubits required, aiming to accelerate the timeline to fault-tolerant quantum computing and real-world applications. Quantum Circuits intends to use recent funding to commercialize its quantum systems. The company is led by co-founder and CSO Rob Schoelkopf and CEO and President Ray Smets. Quantum Circuits is a spinout from Yale University. The business is headquartered in New Haven, Connecticut. Quantum Circuits, Inc. is a New Haven, Conn.–based company developing quantum computers based on superconducting devices. Co‑founded in 2015 by Michel Devoret, Luigi Frunzio and Robert Schoelkopf of Yale and joined by Brian Pusch, the company aims to develop, manufacture and sell general‑purpose, universal quantum computers. QCI intends to build multiple generations of reconfigurable, reprogrammable machines to expand their applications. The company raised $18M in a Series A round to fund these efforts. It plans to combine expertise in quantum physics with electrical, mechanical and systems engineering as well as software designers and programmers focused on algorithms and real‑world applications. The funds will support scaling and commercialization of practical quantum systems.

Total raised

$78M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2024