Quantum Circuits Inc., also known as QCI, is a quantum computing company that focuses on developing scalable quantum computers with built-in error correction. Founded in 2015, the company emerged from Yale University, established by renowned quantum physicists, including Michel Devoret, Luigi Frunzio, and Robert Schoelkopf. Based in New Haven, Connecticut, QCI has successfully attracted significant investments, securing more than $60 million in its latest Series B funding round led by ARCH Venture Partners, F-Prime Capital, Sequoia Capital, and others. QCI is at the forefront of quantum computing innovation, particularly with its development of the Dual-Rail Qubit architecture that integrates error detection capabilities.
| Attribute | Information |
|---|---|
| Founding Date | 2015 |
| Headquarters | New Haven, Connecticut, USA |
| Founders | Michel Devoret, Luigi Frunzio, Robert Schoelkopf |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | ARCH Venture Partners, Sequoia Capital, F-Prime Capital, and others |
| Industry | Quantum Computing |
| Number of Employees | Approximately 50 |
Quantum Circuits was founded by a trio of Yale University physicists with the goal of leveraging their groundbreaking research in superconducting quantum devices. The company initially focused on developing quantum computers using superconducting circuits, a field pioneered by the founders. By 2017, QCI secured a Series A funding round of $18 million, co-led by Canaan and Sequoia, which was instrumental in establishing its research and development operations in Science Park at Yale.
Quantum Circuits stands out for its innovative approach to quantum error detection, a critical hurdle in making quantum computing practical. The company's Dual-Rail Qubit architecture enables built-in error correction, which significantly enhances fidelity and performance.
Quantum Circuits is actively working to commercialize quantum computing solutions that are both reliable and scalable. The company's focus on integrating error correction into quantum systems has set it apart from competitors. With a full-stack approach, QCI offers specialized software alongside its hardware, allowing developers to exploit the error-detecting capabilities fully. This strategy positions QCI as a leader in developing commercially viable quantum computers. The company's initiatives in cloud services for quantum application deployment further illustrate its capability to innovate and adapt to the market needs.
Quantum Circuits Inc. has established itself as a pivotal player in the quantum computing industry, thanks to its pioneering technology and strategies aimed at addressing one of the industry's biggest challenges: error correction. With substantial backing from significant investors, the company is poised to lead advancements in commercial quantum computing. The Dual-Rail Qubit innovation and its cloud-based services reflect Quantum Circuits’ commitment to enabling scalable quantum computing solutions, potentially revolutionizing fields such as cryptography, complex problem-solving, and beyond. As the demand for quantum solutions expands, QCI's role and influence in this domain are expected to grow substantially, setting a standard for innovation and reliability.