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PsiQuantum raising at least US$750 million

By Anna Tong, Max A. Cherney, Stephen Nellis

Mar 26 2025 6:15AM

Startup has previously had an investment from the Australian government.

PsiQuantum raising at least US$750 million

Quantum computing startup PsiQuantum is raising at least US$750 million ($1.2 billion) at a US$6 billion pre-money valuation, according to two people familiar with the matter. BlackRock is leading the fundraising effort, which has not yet been completed, one of the people said. Unlike some ...

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