PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia
Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia to speed up development of its quantum computers.
The Series E funding round was led by investment firms BlackRock, Temasek and Baillie Gifford and saw participation from new investors including Nvidia’s venture capital arm NVentures, Macquarie Capital and Ribbit Capital.
