EXCLUSIVE-Quantum computing startup PsiQuantum raising at least $750 million at $6 billion valuation, sources say
ReutersMar 24, 2025 10:50 PM
By Anna Tong, Max A. Cherney and Stephen Nellis
SAN FRANCISCO, March 24 (Reuters) - Quantum computing startup PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation, according to two people familiar with the matter.
BlackRock is leading the fundraising effort, one of the people said.
The Palo Alto, California-based company is constructing large-scale quantum computers in Australia and the United States.
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