Q-Ctrl raises $290M at valuation above $1B

Published Thursday, November 12, 2026 · 4:29 PM EST

Australian quantum software company Q-Ctrl raised $290 million in a round led by Salesforce Ventures, Bloomberg reported. The financing values the company at more than $1 billion. Q-Ctrl builds sensors that help ships and aircraft navigate when GPS is unavailable.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

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