Q-CTRL, the global leader in quantum infrastructure software, today announced a landmark Series C private fundraise of US$290 million (A$415 million), led by Salesforce Ventures.

The oversubscribed round mints the newest quantum-sector unicorn and places Q-CTRL among the best-capitalized quantum firms in private markets.

The company’s marquee product, Ironstone Opal, is an unjammable, unspoofable, and undetectable quantum navigation system that works when GPS is unavailable or denied.

Returning investors include Alpha Edison, Alumni Ventures, Bullhound Capital, DCVC, In-Q-Tel, Lockheed Martin Ventures, Main Sequence, Ridgeline, Salesforce Ventures, Salus Ventures, and Square Peg.

About Q-CTRL Q-CTRL is the pioneer in AI-powered infrastructure software for quantum technology, offering a hardware-agnostic software platform that makes quantum machines thousands of times more powerful.