Amount$20M
SeriesGovernment Funding
AnnouncedJan 1, 2014
SectorQuantum Computing
Sub-sectorQuantum Computing
RegionAustralia
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Government Funding round.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Government Funding rounds (8)
Round size distribution38th pct
smaller Government Funding roundslarger
vs. Quantum Computing (99)
Round size in sector68th pct
$43Kthis round: $20M$70M
