What is Rigetti Computing?
Headquartered in Berkeley, California, Rigetti Computing operates as a vertically integrated quantum computing company. The firm designs and fabricates its own superconducting quantum processors, which are then integrated into a robust control architecture. By offering these systems through its Quantum Cloud Services platform, Rigetti provides a comprehensive suite of tools for developers, researchers, and commercial enterprises to build and execute complex quantum algorithms. Beyond hardware, the company provides a specialized quantum operating system and professional services, including benchmarking and algorithm development, effectively serving as a foundational infrastructure provider for the quantum information science sector.
How much funding has Rigetti Computing raised?
Rigetti Computing has raised a total of $601.5M across 7 funding rounds:
Angel/Seed
$2.5M
Series A
$24M
Series B
$40M
Series C
$79M
Unspecified
$71M
Other Financing Round
$35M
Stock/Share Issuance
$350M
Angel/Seed (2014): $2.5M with participation from Susa Ventures, Morado Ventures, and AME Cloud Ventures
Series A (2016): $24M led by Andreessen Horowitz
Series B (2017): $40M supported by Andreessen Horowitz, Morado Ventures, Western Technology Investment, AME Cloud Ventures, Vy Capital, Y Combinator, and Data Collective
Series C (2020): $79M featuring Franklin Templeton Investments, Morpheus Venture Partners, Alumni Ventures, Northgate Capital, Bessemer Venture Partners, EDBI, and DCVC Management Co LLC
Unspecified (2022): $71M, investors not publicly disclosed
Other Financing Round (2025): $35M with participation from Quanta Computer
Stock/Share Issuance (2025): $350M, investors not publicly disclosed
Key Investors in Rigetti Computing
Andreessen Horowitz
A prominent venture capital firm that invests in bold entrepreneurs building the future through technology, with a strong track record in deep tech and infrastructure.
Franklin Templeton Investments
A global investment management organization providing specialized capabilities across multiple asset classes, including venture capital and institutional technology solutions.
Morado Ventures
A tech-forward seed fund focused on supporting exceptional founders developing transformative, data-driven companies across AI, robotics, and complex hardware sectors.
What's next for Rigetti Computing?
With the recent influx of capital, Rigetti Computing is well-positioned to deepen its investment in hardware fabrication and software optimization. The company's strategic roadmap likely focuses on increasing qubit counts and improving gate fidelity, which are essential for achieving practical quantum utility. As the firm continues to leverage its foundry services and cloud-based delivery model, it is expected to strengthen its partnerships with defense and national laboratories, further cementing its status as a key player in the global quantum landscape. The focus remains on transitioning from experimental research to reliable, enterprise-grade quantum solutions that can address computational challenges beyond the reach of classical systems.
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