Quantum computing is attracting more attention from investors, but the market remains nascent as startups pile in. We break down the quantum computing landscape across funding, deals, headcount growth, and more.
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
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