PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia

September 12, 2025

, By The Economic Times

psiquantum-valued-at-7-billion-in-latest-funding-round-teams-up-with-nvidia.jpg

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Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia to speed up development of its quantum computers.

The Series E funding round was led by investment firms BlackRock, Temasek and Baillie Gifford and saw participation from new investors including Nvidia’s venture capital arm NVentures, Macquarie Capital and Ribbit Capital.

PsiQuantum said the funding will help the company go ahead with sites in Brisbane, Australia and Chicago,…

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PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia

September 12, 2025

, Published By The Economic Times

psiquantum-valued-at-7-billion-in-latest-funding-round-teams-up-with-nvidia.jpg

Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia to speed up development of its quantum computers.

The Series E funding round was led by investment firms BlackRock, Temasek and Baillie Gifford and saw participation from new investors including Nvidia’s venture capital arm NVentures, Macquarie Capital and Ribbit Capital.

PsiQuantum said the funding will help the company go ahead with sites in Brisbane, Australia and Chicago,…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

As AI tools reshape education, schools struggle with how to draw the line on cheating

Next News

Malaysia reins in data centre growth, complicating China’s AI chip access

The Economic Times

More like this

Popular

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