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$100m

Valuation: $728m

Series C
Total Funding000k
More about Infleqtion
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ColdQuanta is a quantum technology company that is taking a unique approach to the quantum race. Instead of focusing on building large quantum computers like many of its competitors, ColdQuanta is developing software-configured, quantum-enabled products that operate at the Edge. This means they are creating smaller, portable devices that can be used by a wider range of businesses and individuals. These devices, which include quantum sensors and other quantum devices, maintain data integrity from the edge to the computer.

The company's products range from Atomic Prisms to ion devices, all designed to deliver accurate results. They offer both individual components and complete plug-and-play solutions, making them a trusted supplier for research labs and quantum machine development.

In addition to hardware, ColdQuanta has developed a quantum software platform called Superstaq. This platform allows users to write quantum programs in any source language and target any quantum computer, even without any quantum experience. It has been shown to enable 10x performance gains on standard benchmarks.

ColdQuanta has also recently joined the Department of Energy’s Quantum and Space Collaboration. This partnership will allow them to leverage resources and expertise from multiple sectors to accelerate the commercialization of quantum technologies.

In terms of business model, ColdQuanta makes money by selling their quantum-enabled products and software solutions to a variety of clients, including research labs and businesses interested in quantum technology. They also stand to benefit from their partnership with the Department of Energy.

Keywords: Quantum Technology, Quantum Computing, Quantum Sensors, Quantum Devices, Edge Computing, Atomic Prisms, Ion Devices, Quantum Software, Superstaq, Department of Energy Partnership.

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Investments by Infleqtion

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Super.tech
ACQUISITION by Infleqtion May 2022
Morton Photonics
ACQUISITION by Infleqtion Jan 2024