From next-gen computing to ultra-secure communication to precise sensors, quantum tech is poised to impact countless industries. We analyze the private companies working to commercialize these applications.
Pundits have long predicted that quantum tech could reshape economies, national security, medicine, and more. While a large-scale quantum revolution hasn’t arrived yet, the space is gaining momentum.
Tech giants like Google and IBM are investing heavily in pushing the boundaries of quantum computing, and Microsoft and Amazon have begun offering quantum programming tools on their cloud platforms. Meanwhile, the US government is drawing up plans to build a new internet using quantum-friendly infrastructure.
Supporting this swell of activity is a growing ecosystem of private companies working to bring quantum tech to market. Startups like IonQ, for example, are building quantum computing hardware, while others like Cambridge Quantum Computing are focusing on developing quantum software that wouldn’t be possible on conventional systems.
Investors have taken notice. Funding and deals to startups in the nascent space set new records last year, with more than $400M raised across 40 deals.
Using CB Insights data, we highlight 75+ private companies using quantum tech to reshape computing, drug discovery, financial modeling, data encryption, and more.
Read more about how quantum computing works in our explainer.
This market map shows private companies organized by primary focus. It is not intended to be exhaustive of companies in the space and categories are not mutually exclusive.
Click to enlarge.