How Much Did EeroQ Raise?
Funding & Key Investors

EeroQ, a company focused on developing a commercial quantum computer, has secured significant enterprise-level funding, with its total funding amount reaching $7.5M. The company recently announced a major strategic investment of $7.5M, underscoring investor confidence in its novel approach to quantum computing.

What is EeroQ?

EeroQ
Business ServicesResearch & Development

Founded in 2017, EeroQ is pioneering the development of a commercial quantum computer utilizing electrons trapped on the surface of superfluid helium (eHe). This eHe qubit platform offers a compelling combination of long coherence times and high connectivity, akin to ion traps, while also promising the rapid gate speeds characteristic of superconducting circuits or silicon spin qubits. The inherent small size of electrons enables the integration of numerous qubits onto a single, CMOS-fabricated chip, potentially circumventing the need for complex modular designs. This innovative strategy positions EeroQ to address key challenges in the advancement of quantum computation.

How much funding has EeroQ raised?

EeroQ has raised a total of $7.5M across 1 funding round:

2022

Angel/Seed

$7.5M

Angel/Seed (2022): $7.5M with participation from B Capital Group, V Capital Group, and Alumni Ventures

Key Investors in EeroQ

B Capital Group

B Capital is a venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors. With over $8 billion in assets under management and a portfolio comprising more than 190 companies, B Capital aims to support founders throughout the company-building lifecycle. The firm has a global presence with offices in key locations including Los Angeles, New York, San Francisco, Singapore, Beijing, and Hong Kong. B Capital is dedicated to driving innovation and scaling impactful solutions that shape the future.

V Capital Group

VCI Global Ltd is a diversified consulting and advisory company providing corporate, financial, and technology services. The firm supports businesses and investors through capital markets advisory, strategy consulting, and fintech solutions, helping clients optimize operations and achieve growth. Headquartered in Malaysia, VCI operates globally through its subsidiaries, focusing on delivering strategic, innovative, and value-driven solutions across multiple industries.

Alumni Ventures

Undisclosed investor participating in the funding round.

What's next for EeroQ?

The recent major strategic investment signals a critical growth phase for EeroQ, likely enabling the company to accelerate its research and development efforts, scale its operations, and further refine its eHe qubit technology. This capital infusion is expected to propel EeroQ closer to its mission of building a commercial quantum computer, potentially positioning it as a key player in the burgeoning quantum technology sector. Future developments will likely focus on demonstrating qubit stability, increasing qubit count, and developing error correction mechanisms.

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Frequently Asked Questions Regarding EeroQ Financial Insights

What are the most recent funding rounds that EeroQ has completed, and what were the funding rounds?
EeroQ has recently completed 1 funding rounds: Angel/Seed on Aug 23, 2022.
What is the total amount of funding EeroQ has raised to date?
EeroQ has raised a total of $7.5M in funding to date.
How many funding rounds has EeroQ completed?
EeroQ has completed 1 funding rounds.
How much funding did EeroQ raise in its most recent funding round?
EeroQ raised $7.5M in its most recent funding round.
Who are the lead investors in EeroQ's latest funding round?
The lead investor in EeroQ's latest funding round was B Capital Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in EeroQ's history?
The largest funding round in EeroQ's history was $7.5M.
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