Q-CTRL raises $290M Series C led by Salesforce Ventures, becomes quantum unicorn

MJBiercuk · x · 2026-11-12

Quantum infrastructure software firm Q-CTRL announced a US$290 million (A$415M) Series C led by Salesforce Ventures, with Bullhound Capital and Affinity Partners participating, minting the newest quantum-sector unicorn and the largest private raise for a quantum software company. The oversubscribed round was expanded twice. Its flagship Ironstone Opal quantum navigation system works when GPS is denied and is being deployed on commercial aircraft and autonomous vehicles, with sensors claimed to perform 100x better than alternatives in the field.

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