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

_Published Thursday, November 12, 2026 at 4:29 PM EST · Capital · Latest · Tier 2 — Notable_

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.

## Sources

- [Techmeme](https://www.techmeme.com/261112/p24#a261112p24)

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Canonical: https://techandbusiness.org/newswire/ebVJnqpLFN2peS1pz5kllf
Published: 2026-11-12T21:29:25.204Z
Story chronology: 2026-11-12T12:35:01.000Z
Retrieved: 2026-11-12T23:40:47.474Z
Publisher: Tech & Business (techandbusiness.org)