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Q-CTRL

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We make quantum technology useful

Sydney, AustraliaFounded 2017Other B2B Software
Valuation $100–250M Last recorded · 2024
Revenue $50–100M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Q-CTRL and the history behind them.

About Q-CTRL

Q-CTRL is a global pioneer with unmatched commercial traction in the emerging quantum technology industry - a sector poised to transform everything from finance and pharma through to logistics and defense.

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Q-CTRL is a category defining business leading the development of quantum infrastructure software, delivering globally unique technology to accelerate the pathway to the world's first useful quantum computers. This same foundational technology also underpins Q-CTRL’s development of novel “software-defined” quantum sensors for defense and intelligence.

Q-CTRL has assembled the world’s foremost team of expert quantum-control engineers, providing solutions to global quantum technology leaders including Universities, National Labs, and quantum technology industry partners. In May 2023, IBM Quantum announced that Q-CTRL's quantum infrastructure software would be natively embedded in its quantum computing fleet, and the team recently announced a partnership with Transport for NSW - delivering its enterprise infrastructure software to transport data scientists exploring quantum computing. In parallel, in July 2023 the Australian Department of Defence announced Q-CTRL's leading role delivering quantum-assured navigation to AUKUS allies.

Q-CTRL is a World Economic Forum Global Innovator, and is a member of the Quantum Economic Development Consortium, US Geospatial Intelligence Foundation, and a co-chair of the Australian Quantum Alliance within the Tech Council of Australia. Q-CTRL was selected as a Gartner Cool Vendor for 2023, one of the Top 10 Most Innovative Tech Companies by the Financial Review, and has been featured in The New York Times, The Economist, Forbes, Wired, Gizmodo, and more.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Sydney, Australia
Sector
Other B2B Software
Power Law
Colt$25–100M revenue

Investors

42 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

Series A18 investors entered at this stage

Series B and later18 investors entered at this stage

  • ICM Partners
  • Bill Lightfoot
  • GP Bullhound
  • SquarePeg
  • Airbus Ventures
  • NTT Finance
  • University of Sydney
  • HSG
  • Alumni Ventures
  • Ridgeline Partners
  • Mindrock Capital
  • TIS
  • Salesforce Ventures
  • Morpheus Ventures
  • Alpha Edison
  • Lockheed Martin Ventures
  • Allectus Capital
  • John Eales
Employees mapped 212 incl. 2 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 10 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇦🇺 Australia62.9%
🇺🇸 United States30.3%
🇬🇧 United Kingdom3.4%
🇩🇪 Germany2.3%
🇫🇷 France1.1%
5 countries shown
Web traffic by country
54K monthly visits
across markets
🇺🇸 United States29.8%
🇮🇳 India23.3%
🇬🇧 United Kingdom12.2%
🇦🇺 Australia10.9%
🇨🇦 Canada4.1%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Q-CTRL on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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