Q-CTRL Secures $290 Million In Series C Funding Led By Salesforce Ventures
Q-CTRL, a Sydney-based quantum infrastructure software company, raised US $290 million (A $415 million ) in a Series C funding round led by Salesforce Ventures , with significant participation from Bullhound Capital a…
Q-CTRL, a Sydney-based quantum infrastructure software company, raised US$290 million (A$415 million) in a Series C funding round led by Salesforce Ventures, with significant participation from Bullhound Capital and Affinity Partners. The round, which makes Q-CTRL the latest quantum-sector unicorn, included new investors AMD Ventures, EDGE Group, MPower Partners and Australia's National Reconstruction Fund Corporation, alongside returning backers including DCVC, In-Q-Tel, Lockheed Martin Ventures and Square Peg. Founded in 2017 by CEO Michael J. Biercuk, the company will use the capital to scale its AI-powered quantum software, expand globally and accelerate deployment of quantum navigation systems for aviation and autonomous vehicles.
FOUNDER: Michael J. Biercuk
INVESTORS: Salesforce Ventures, Bullhound Capital, Affinity Partners, AMD Ventures, EDGE Group, MPower Partners, National Reconstruction Fund Corporation, SPARX Asset Management, Alpha Edison, Alumni Ventures, DCVC, In-Q-Tel, Lockheed Martin Ventures, Main Sequence, Ridgeline, Salus Ventures, Square Peg
ROUND: Series C AMOUNT: $290,000,000
HQ: New South Wales, Australia
#VentureCapital #QCTRL #MichaelJBiercuk #SalesforceVentures #TradedVC
ABOUT THE DEAL
- Raise
- $290M
- Round
- Series C
- Company
- Q-CTRL
- Desk
- Deals
- Filed
- Nov 12, 2026
- Founders
- Michael J. Biercuk
- Investors
- Salesforce Ventures
- Bullhound Capital
- Affinity Partners
- AMD Ventures
- EDGE Group
- MPower Partners
- National Reconstruction Fund Corporation
- SPARX Asset Management
- Alpha Edison
- Alumni Ventures
- DCVC
- In-Q-Tel
- Lockheed Martin Ventures
- Main Sequence
- Ridgeline
- Salus Ventures
- Square Peg