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- QuEra Computing
QuEra Computing Revenue, Valuation, Funding & Investors
QuEra Computing is valued at $1B as of February 2025, a 24.4x multiple on its last reported $41M revenue.
Last QuEra Computing valuation
$1B
Series B · Feb 2025
Last QuEra Computing funding round
$230M
Series B · Feb 2025
QuEra Computing revenue
$41M
Series B · Feb 2025
Key investors in QuEra Computing
SoftBank Group
Alphabet
Valor Equity Partners
Day One Ventures
NVentures
Rakuten
About QuEra Computing
QuEra Computing is a Somerville-headquartered company pioneering scalable quantum computers using neutral atom arrays as qubits. It advances hardware platforms like Aquila alongside algorithms tackling optimization, chemistry simulations, materials discovery, and machine learning workloads through collaborations with institutions such as Harvard and NVIDIA.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$41M (Feb 2025)
Valuation
$1B (Feb 2025)
QuEra Computing Valuation
QuEra Computing is currently valued at $1B, based on its Series B in February 2025.
The $230M round was led by Alphabet and SoftBank Group, with participation from NVentures, QVT Financial, Safar Partners, Valor Equity Partners and Sabancı Ventures.
QuEra Computing valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2025 | Series B | $1B | 24.4x |
QuEra Computing Revenue
QuEra Computing's latest recorded revenue is $41M, as of its Series B in February 2025. At a $1B valuation, that implies a 24.4x revenue multiple.
QuEra Computing revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2025 | $41M | $1B | 24.4x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
QuEra Computing Funding History
QuEra Computing has raised a total of $247M across 2 funding rounds.
QuEra Computing's first fundraising round was a $17M undisclosed-stage round in November 2021. The most recent completed round was a $230M Series B in February 2025.
QuEra Computing funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2025 | Series B | Alphabet (lead); SoftBank Group (lead); NVentures; QVT Financial; Safar Partners; Valor Equity Partners; Sabancı Ventures | $230M | $1B | QuEra Computing, a Boston-based quantum computing company founded in 2018 as a spinout from Harvard and MIT, develops neutral-atom quantum computers and full-stack software for quantum simulation, error correction, and scalable applications. The company achieved key milestones in 2025, including scientific breakthroughs in fault tolerance, first on-premises HPC quantum computer deployments, and transition to commercial enterprise with product and service deliveries. In early 2025, around February, QuEra closed a $230 million financing round (Series B/Growth), led by Google Quantum AI and SoftBank Vision Fund 2, with participation from NVentures (NVIDIA), Valor Equity Partners, QVT Family Office, Safar Partners, and existing investors. The round, expanded from an initial announcement with additional investments like from NVentures in September 2025, provides capital for manufacturing scale-up, global expansion, supply chain development, workforce doubling, and technology advancement toward large-scale fault-tolerant quantum computers. Of the total, $60 million is milestone-based, offering a long financial runway alongside growing organic revenue streams from cloud services on AWS and hardware/software sales. QuEra reported record revenues and cash collections in 2025 from customer deliveries, positioning it among top-funded quantum startups with cumulative funding near $247 million. The unicorn status at $1B valuation reflects impressive scientific, technical, and commercial progress since 2023, including the 256-qubit Aquila system and integrations with NVIDIA accelerated computing, AWS, and national supercomputing facilities. Collaborations with AI and compute leaders validate its hybrid quantum supercomputing path, targeting high-performance computing centers worldwide. |
| Nov 2021 | Undisclosed stage | Rakuten (lead); Serg Bell; Frontiers Capital; Day One Ventures; Paul Maritz; Fintech Ventures Fund; Carbide Ventures | $17M | - | QuEra Computing emerged from stealth on November 17, 2021, raising $17 million from investors including Rakuten, Day One Ventures, Frontiers Capital, Serguei Beloussov, and Paul Maritz. Rakuten served as the lead investor for this early-stage round. The funding supported initial development as a quantum computing startup spun out of Harvard and MIT, focused on neutral-atom quantum computers headquartered in Boston. Subsequent rounds included a $230 million Series B in 2025 at $1 billion post-money valuation led by SoftBank Vision Fund and Google Quantum AI. |
Who has invested in QuEra Computing?
14 investors have backed QuEra Computing across its funding rounds, including SoftBank Group, Alphabet, Valor Equity Partners, Day One Ventures, NVentures and Rakuten.
Lead investors include Alphabet, SoftBank Group and Rakuten.
QuEra Computing Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Nov 2021 | ||
| 1 | Lead | Feb 2025 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Lead | Nov 2021 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Participant | Feb 2025 | ||
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Start Free TrialQuEra Computing Competitors
QuEra Computing competitors include listed companies like D-Wave Quantum, Stradvision and Blaize Holdings, and private ones like SeeQC, IQM Quantum Computers and Quantum Machines.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | $35M | - | $1B | 28.6x | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $25M | ($373M) | $6.7B | 166.4x | ||
| Publicly listed | $13M | ($21M) | $132M | 6.9x | ||
| Publicly listed | $39M | ($205M) | $88M | 1.3x |
QuEra Computing Public Comps
QuEra Computing is still privately-owned, but its public comps include Appier Group, Rackspace, Rezolve AI, Beijing CTJ Info Tech, POET Technologies, Whitefiber, Boost Run, Fractal Analytics, Reconova Technologies and PKSHA Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $1M | ($60M) | 475.5x | 106.5x | (8.6x) | - | |||
| $79M | ($2M) | 12.1x | 7.9x | (412.2x) | 25.8x | |||
| $27M | ($4M) | 58.1x | 11.8x | (419.7x) | 25.1x | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
This data is available for Pro users. Sign up to see all QuEra Computing competitors and their valuation data. Start Free Trial | ||||||||
Common questions about QuEra Computing
| When was QuEra Computing founded? | QuEra Computing was founded in 2018. |
| Where is QuEra Computing headquartered? | QuEra Computing is headquartered in Boston, MA, United States. |
| Is QuEra Computing publicly listed? | No, QuEra Computing is a private, VC-backed company. |
| What is QuEra Computing's valuation? | QuEra Computing was last valued at $1B in its Series B in February 2025. |
| How much funding has QuEra Computing raised? | QuEra Computing has raised $247M across 2 funding rounds. |
| What was QuEra Computing's last funding round? | QuEra Computing's last funding round was a $230M Series B in February 2025, led by Alphabet and SoftBank Group. |
| Who are QuEra Computing's investors? | QuEra Computing's investors include Serg Bell, SoftBank Group, NVentures, Rakuten, Frontiers Capital, QVT Financial, Safar Partners, Day One Ventures, Paul Maritz, Fintech Ventures Fund and 4 others. |
| What is QuEra Computing's revenue? | QuEra Computing's latest recorded revenue is $41M (February 2025). |
| What is QuEra Computing's revenue multiple? | QuEra Computing's latest valuation implies a 24.4x revenue multiple ($1B valuation on $41M of revenue). |
| Which companies are comparable to QuEra Computing? | Companies comparable to QuEra Computing include SeeQC, IQM Quantum Computers, Quantum Machines, D-Wave Quantum, Stradvision and Blaize Holdings. |
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