Salesforce Ventures joins quantum tech startup Q-CTRL’s $39m Series B top up

Salesforce Ventures has this week backed a Series B-1 fundraise of US$27.4 million (AU$38.9 million) for a Sydney-based company working in the rapidly-emerging and complex world of quantum computing.

For Q-CTRL, the Series B top-up takes the total amount raised to more than $74 million, with the funds powering the company’s technological advancements, as well as supporting sales and marketing efforts.

Based in Sydney with international offices in Los Angeles and Berlin, Q-CTRL is a quantum computing startup building infrastructure software, and works with the likes of AI scaleup Advanced Navigation, tech giant IBM, The University of Sydney, and the New South Wales Department of Transport.

Read More: https://www.businessnewsaustralia.com/articles/salesforce-ventures-joins-quantum-tech-startup-q-ctrl-s--39m-series-b-top-up.html