Virgo Public Relations
PR TipsPublished November 5, 20266 min read

Quantum Computing Funding Report 2026: Seven Major Deals

By Kyle Porter, Executive Vice President & Managing Director.

Updated November 5, 2026

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Quantum Computing Funding Report 2026: Seven Major Deals
Key takeaway

Seven selected 2026 quantum computing financings total at least $1.763 billion across six USD-denominated rounds, plus a separate €115 million round. A sample study, not a global total.

Quantum computing funding in 2026: seven selected financings total at least $1.763 billion across six USD-denominated or published USD-equivalent rounds, plus a separate €115 million round. Oratomic's $775 million is cumulative since its March launch, not a single round. This is a sample of disclosed private financings, not a global industry total.

Virgo PR Research | Published November 5, 2026 | Research cutoff: November 3, 2026 | Updated: November 5, 2026

Summary: What Does the 2026 Quantum Funding Sample Show?

Capital in this sample is concentrated in hardware and industrialization: neutral-atom systems, superconducting processors, silicon-spin qubits and distributed quantum computing. Investors range from venture capital to strategic corporates and state-linked funds. Nothing here shows that financing alone establishes near-term commercial quantum advantage.

  • Six USD-denominated rounds total at least $1.763 billion, and a separate French round totals €115 million.

  • All seven companies build quantum hardware, which reflects how the sample was selected.

  • The sample spans five countries: the United States, United Kingdom, Canada, the Netherlands and France.

Contents

Which Quantum Financings Are in the Sample?

The table lists seven selected disclosed 2026 private financings, ordered by announced size in the original currency or USD equivalent. Amounts are issuer-reported.

Company HQ Focus Announced financing Date Source

Oratomic United States Neutral-atom hardware $775M total announced in 2026 Oct 8 [1]

OQC United Kingdom Superconducting systems £260M (approx. $350M) Jun 3 [2]

Photonic Canada Distributed quantum computing More than US$200M May 12 [3]

QuantWare Netherlands Quantum processors €152M (reported ~$178M) May 5 [4]

Quantum Motion United Kingdom Silicon-spin quantum computing $160M Series C May 7 [5]

Quobly France Silicon quantum processors €115M Series A Jun 3 [6]

Atom Computing United States Neutral-atom hardware $100M Series C Jun 16 [7]

How the $1.763 billion illustrative minimum is calculated

The six USD-equivalent figures are Oratomic $775M, OQC approximately $350M, Photonic more than $200M (counted conservatively as $200M), QuantWare approximately $178M, Quantum Motion $160M and Atom Computing $100M. Quobly's €115M is kept separate and is not added to the USD subtotal. OQC and QuantWare USD equivalents are approximate published conversions, so this is not a constant-exchange-rate calculation.

Metric Result Interpretation

Selected announcements 7 Not exhaustive

USD-equivalent subtotal, six rounds At least ~$1.763B Includes two approximate published USD equivalents

Additional EUR-only round €115M Not added to USD subtotal

Hardware or processor-focused entries 7 of 7 Sample-selection bias, not a sector-wide percentage

Countries represented 5 Not a geographic market-share estimate

Are Large Rounds Funding Hardware Scale-Up?

Yes, in this sample the largest announcements fund hardware scale-up and deployment. Oratomic reported $775 million raised since its March launch, backed by ARCH Venture Partners, Spark Capital, Khosla Ventures, Index Ventures, General Catalyst and Bezos Expeditions. The company develops neutral-atom fault-tolerant systems, and its total reflects financing raised across 2026, not a single $775 million round [1].

OQC announced an oversubscribed £260 million Series C to expand deployed quantum infrastructure and international operations, led by Bullhound Capital [2]. Photonic announced the final close of a round exceeding US$200 million, led by Planet First Partners, at a reported US$2 billion post-money valuation. That final close includes the earlier first close and should not be counted as a separate new round [3].

Why Is Semiconductor Manufacturing Central to the Investment Thesis?

Three of the seven financings back approaches built on semiconductor manufacturing. QuantWare's €152 million Series B supports quantum processor manufacturing and an open architecture approach, with Intel Capital and IQT among the investors [4]. Quantum Motion's $160 million Series C backs silicon-transistor-based quantum computing and was co-led by DCVC and Kembara [5]. Quobly's €115 million Series A, led by Bpifrance, SEALSQ and STMicroelectronics, targets industrialization of silicon-based systems [6].

Is Government Support the Same as Venture Capital?

No. Atom Computing disclosed a $100 million Series C led by Third Point Ventures and separately described a planned $100 million U.S. Department of Commerce commitment. Only the Series C belongs in the private-financing sample, because planned public support is not treated as received equity [7].

Which Countries Appear in the Sample?

The seven financings cover the United States, United Kingdom, Canada, the Netherlands and France. That is a sample distribution, not a claim about the global share of quantum funding by country. Industrial partners and public development investors are especially visible in European silicon quantum financing [4][6].

What Are the Limits of This Study?

A funding announcement may describe a closing, an extension, cumulative financing or a planned commitment, so the study avoids counting the same capital twice. Amounts are issuer-reported unless indicated, and valuation claims are not independently audited. The sample is not suitable for a worldwide 2026 total, a top-50 ranking or an investor league table. Those claims would need a larger dataset with transaction-level records.

Quantum computing hardware approaches also remain technically and commercially uncertain. Capital raised should not be equated with scientific performance, product readiness or revenue.

How Was the Sample Built?

The scope is financing announced January 1 through November 3, 2026 for companies principally developing quantum computers or core quantum computing hardware. The counting rules were applied in this order:

  • Include disclosed private equity or growth financing and Series A, B or C rounds with a named company and a dated public source.

  • Exclude acquisitions, IPO proceeds, SPAC trust cash, government grants or planned commitments, debt facilities, non-quantum companies and prior-year rounds.

  • Keep currency figures in their original denomination, using USD equivalents only where published alongside the announcement.

  • Count each closing once, including cumulative or final-close announcements.

This is a purposive sample of seven high-confidence transactions, not a statistically representative or exhaustive universe. Results should be described as "selected disclosed rounds," not "total quantum investment in 2026."

Where Can Readers Learn More About Quantum PR?

Funding news is one input for quantum companies planning communications. Virgo PR has published practical guides on related questions:

Frequently Asked Questions

How much did quantum companies raise in 2026?

There is no single verified global total in this report. Seven selected 2026 announcements include at least approximately $1.763 billion across six USD-denominated or published USD-equivalent financings, plus a separate €115 million round. This is a sample subtotal, not industry-wide funding.

Which company announced the largest financing?

Oratomic reported $775 million in total financing raised since its launch in March 2026. That is cumulative financing, not a single $775 million round.

Are government grants included?

No. Grants and planned government commitments are excluded from the private-equity sample.

Does quantum funding prove commercial viability?

No. Fundraising indicates investor support but does not prove fault-tolerant performance, profitability or broad commercial usefulness.

Which countries appear in the sample?

The United States, United Kingdom, Canada, the Netherlands and France.

Why are currencies not converted into one total?

Currency conversion depends on the date and exchange-rate convention. The report preserves disclosed denominations and only uses issuer-published approximate USD equivalents.

Editorial Disclosure

Published by Virgo PR. This report is an editorial analysis of third-party public announcements. It does not rank PR agencies or claim Virgo advised the listed companies, and no financing outcome is attributed to public relations.

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