Quantum software and sensor company Q-CTRL announces it has raised $290 million in a Series C funding round. SiliconANGLE, Quartz, and Bloomberg report that Salesforce Ventures leads the round and that the investment values the company at more than $1 billion. The company develops quantum technologies, including software for managing qubits, and Q-CTRL also markets tools described as enabling GPS-free navigation.
The coverage also highlights the participation of additional investors. SiliconANGLE says the round is oversubscribed and lists other backers including Bullhound Capital and Affinity Partners, with Q-CTRL describing “significant” contributions. Bloomberg similarly emphasizes the presence of Affinity and Salesforce in backing the startup. Across outlets, the focus stays on the size of the round, the lead investor, and the valuation, with only minor differences in the specific product framing (qubit management versus navigation tools).
