Global Quantum Computing
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Quantum computing is set to solve some of the most urgent computing problems that the world faces today. The impact of quantum technology will be far-reaching, in fields ranging from cybersecurity and financial modelling to drug discovery and material optimization. Funding for quantum computing startups reached a record $2.2B in 2024, up 4x in the last 5 years. Most of the funding has been directed towards quantum computers & processors, quantum computing software and quantum cryptography. More than 2/3 of the startups have been started in the last 5 years, signalling strong potential for growth of the sector. Corporates are also increasing their activity in the quantum space. 70% of business leaders are using and developing real-life use cases for quantum computing and 91% are investing or planning to invest in quantum computing, according to a recent report by VCs OpenOcean and Lakestar, and startup IQM quantum computers. From the government side, 17 countries have invested in nationals program of quantum technology research and development with an estimated spending of over $30B. China is leading followed by the EU. More than 150 countries still have no dedicated quantum program, risking a large quantum divide. Explore 300+ quantum computing startups globally.