Quantum computing is becoming an investor darling.
Funding to the space set a new record in 2023 — bucking the broader decrease in venture funding for the second year in a row.
While still a nascent technology, startups are pursuing a broad range of potential use cases for quantum computing (which process information in a fundamentally different way to typical computers) across numerous industries — from training AI models more efficiently to simulating otherwise hard-to-model chemical reactions to quickly solving complex logistics problems, among many others.
Governments are also paying close attention — demonstrating an eagerness to commercialize the technology with billions in public backing while also fretting about quantum computing’s potential to unravel commonly used public-key cryptography standards that underpin much of today’s online communication.
As the tech gains traction in non-scientific circles, investors are eager to avoid missing out on what could be a fast-growing industry once the space matures.
Using CB Insights data, we analyze the investment landscape for quantum computing. Below, we cover:
- Equity funding and deal trends
- Deal share by country
- Deal share by round stage
- Top equity deals since 2023
- Fastest headcount growth companies
