Temasek backs PsiQuantum $1B Series-E funding to build...

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2025-09-21 06:34:46 -

Temasek backs PsiQuantum $1B Series-E funding to build world’s first fault-tolerant quantum computers

PsiQuantum announced Wednesday it has raised $1 billion in funding for its Series E round to build the world’s first commercially useful, fault-tolerant quantum computers. The firm said in a statement that led by funds and accounts managed by affiliates of BlackRock, along with Temasek and Baillie Gifford, this fundraising values the company at $7 billion. The funding brings in new...

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