What is Silicon Quantum Computing?
Silicon Quantum Computing Pty Limited is an Australian private company dedicated to pioneering the development and market introduction of a commercial-scale silicon-based quantum computer. Leveraging intellectual property from the Centre of Excellence for Quantum Computation and Communication Technology and its own innovations, the company has established a world-class team and specialized facilities at UNSW to build a quantum processor in silicon. Beyond core processor development, SQC is strategically positioning itself for the manufacturing of prototype devices for commercial applications and is actively forging partnerships to capitalize on emerging quantum computing opportunities.
How much funding has Silicon Quantum Computing raised?
Silicon Quantum Computing has raised a total of $104M across 2 funding rounds:
Series A
$50M
Unspecified
$14M
Series A (2023): $50M with participation from Commonwealth Bank of Australia, UNSW Sydney, and Telstra
Unspecified (2026): $14M led by NRFC
Key Investors in Silicon Quantum Computing
Commonwealth Bank of Australia
Commonwealth Bank of Australia, a major financial institution, likely participated to explore the application of quantum computing in financial modeling, risk analysis, and optimization.
UNSW Sydney
UNSW Sydney, a leading research university, is a foundational partner, contributing intellectual property and likely continuing its role in advancing quantum science and technology.
NRFC
The National Reconstruction Fund Corporation (NRFC) is an Australian Government initiative investing in strategic industries, indicating a national interest in advancing quantum computing capabilities and securing technological sovereignty.
What's next for Silicon Quantum Computing?
The substantial enterprise-level investment signifies a critical phase for Silicon Quantum Computing, likely enabling the scaling of its research and development efforts, expansion of its engineering team, and acceleration of its manufacturing capabilities for prototype quantum devices. This strategic backing is expected to propel SQC towards its goal of commercializing silicon-based quantum computing technology, positioning it to capture a significant share in the burgeoning quantum technology market.
See full Silicon Quantum Computing company page
