What Happened
Quantum Technology Software Company Expands AI-Powered Capabilities
Q-CTRL, a quantum technology software company, has raised $290 million in a Series C financing round led by Salesforce Ventures, achieving unicorn status. The company plans to use the proceeds to expand its quantum infrastructure software, accelerate international growth, and support commercial deployments across various industries. Q-CTRL’s technology focuses on improving the performance and reliability of quantum hardware, with applications in quantum computing and sensing systems. This development was first reported by citybiz.