When was memQ founded?

memQ was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is memQ located?

memQ is headquartered in Chicago, United States.

How many employees does memQ have?

As of Jun 30, 2026, the latest employee count at memQ is 22.

Is memQ a funded company?

memQ is a funded company, having raised a total of $12.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 29, 2022.

When was the latest funding round of memQ?

memQ's latest funding was a $***** Series A round on Mar 31, 2026, with participation from 10 investors. Its primary sector is Quantum Computing. In United States, the Quantum Computing sector has seen $409M in funding in 2026 to date.

Where does memQ rank among its competitors?

memQ ranks 2nd amongst 12 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was memQ, which secured $10M in Mar, 2026.

Who are the top competitors of memQ?

memQ's top competitors include Nu Quantum, Delft Circuits and Lightsynq. Among them, memQ secured the most recent funding round in March, 2026.

memQ - 2026 Company Profile, Team, Funding & Competitors

Most viewed in 2019

memQ is a series A company based in Chicago (United States), founded in 2021 by Manish Kumar Singh. It operates as a Provider of chip device technology services for quantum information storage and processing. memQ has raised $12.5M in funding from investors like Quantonation, Ocean Azul Partners and Exposition Ventures. The company has 12 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Nu Quantum, Delft Circuits and Lightsynq.

Key Metrics

Founded Year

2021

Location

Chicago, United States

Stage

Series A

Total Funding

$12.5M in 3 rounds

Latest Funding Round

Series A, Mar 31, 2026, $*****

Investors

Quantonation & 12 more

Ranked

2^nd among 12 active competitors

Employee Count

22 as on Jun 30, 2026

Similar Companies

Nu Quantum & 10 more

View memQ's full profile

memQ has raised a total funding of $12.5M over 3 rounds. Its first funding round was on Jun 29, 2022. Its latest funding round was a Series A round on Mar 31, 2026 for $*****. 10 investors participated in its latest round. memQ has 13 institutional investors.

Here is the list of recent funding rounds of memQ:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2026	1158924	Series A	5062326	6516306	8333882	5565017
Feb 15, 2023	2608920	Seed	5883978	5854525	4464688	Hyde Park Venture Partners & 1 more
Jun 29, 2022	6725343	Grant (prize money)	1544613	7845781	4104909	Duality

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View details of memQ's funding rounds and investors

The founders of memQ is Manish Kumar Singh. Manish Kumar Singh is the CEO of memQ.

Here are the details of memQ's key team members:

Manish Kumar Singh: Co-Founder & CEO of memQ and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses

View details of memQ's Founder profiles and Board Members

memQ's employee count trend

memQ has 22 employees as of Jun 26. Here is memQ's employee count trend over the years:

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Top competitors of memQ include Nu Quantum, Delft Circuits and Lightsynq. Here is the list of Top 10 competitors of memQ, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nu Quantum 2018, Cambridge (United Kingdom), Series A	Developer of photonic quantum networking hardware	$72.1M	Amadeus Capital, National Grid Partners & 19 others	65/100
2nd	memQ 2021, Chicago (United States), Series A	Provider of chip device technology services for quantum information storage and processing	$12.5M	Exposition Ventures, Quantonation & 11 others	61/100
3rd	Delft Circuits 2016, Delft (Netherlands), Series A	Provider of flexible microprocessors for quantum computing	$6.76M	HTGF, DeepTechXL & 5 others	55/100
4th	Lightsynq 2024, Boston (United States), Acquired	Developer of optical quantum interconnects for quantum computers	$18M	Cerberus Capital Management, QVT Family Office ... & 6 others	55/100
5th	Welinq 2022, Paris (United States), Seed	Provider of quantum networking solutions for scalable quantum computing	$5.43M	Quantonation, France Quantum & 4 others	50/100
6th	Cavilinq 2025, Cambridge (United States), Seed	Developer of optical interconnects designed to link individual quantum processors	$8.8M	QVT Family Office, Serendipity Capital & 2 others	44/100
7th	Qalice 2021, Unfunded	Developer of quantum network framework integrating communication, computation, and energy transmission	-	-	24/100
8th	Project Equinox United Kingdom, Unfunded	Developer of quantum interconnect components for scalable quantum network technologies	-	-	24/100
9th	Light Trace Photonics 2021, Bristol (United Kingdom), Seed	Developer of ultra-low-loss fibre-to-chip optical interconnects	$760K	QantX	24/100
10th	Icarus Quantum 2022, Boulder (United States), Funding Raised	Provider of scalable quantum networking solutions based on semiconductor quantum dot technologies	-	National Science Foundation, National Oceanic and Atmospheric Administration ... & 1 others	24/100