When was Photon Queue founded?

Photon Queue was founded in 2025 and raised its 1st funding round 1 year after it was founded.

Where is Photon Queue located?

Photon Queue is headquartered in Champaign, United States.

Is Photon Queue a funded company?

Photon Queue is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 15, 2026.

When was the latest funding round of Photon Queue?

Photon Queue's latest funding was a $***** Seed round on Jul 21, 2026, with participation from 1 investor. Its primary sector is Quantum Computing. In United States, the Quantum Computing sector has seen $351M in funding in 2026 to date.

Where does Photon Queue rank among its competitors?

Photon Queue ranks 13th amongst 24 active competitors, of which 14 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Photon Queue, which secured $4M in Jul, 2026.

Who are the top competitors of Photon Queue?

Photon Queue's top competitors include PsiQuantum, ORCA and Quandela. Among them, Photon Queue secured the most recent funding round in July, 2026.

Photon Queue - 2026 Company Profile, Funding & Competitors

Company Details

Provider of quantum computing solutions. They develop efficient all optical quantum memories to accelerate the deployment of quantum networking and computing. Its innovative solutions aim to streamline the advancement of quantum applications and enable faster processing of complex calculations.

Key Metrics

Founded Year

2025

Location

Champaign, United States

Stage

Seed

Total Funding

$4M in 2 rounds

Latest Funding Round

Seed, Jul 21, 2026, $*****

Investors

Playground Global & 2 more

Ranked

13^th among 24 active competitors

Similar Companies

PsiQuantum & 17 more

View Photon Queue's full profile

Photon Queue has raised a total funding of $4M over 2 rounds. Its first funding round was on Jul 15, 2026. Its latest funding round was a Seed round on Jul 21, 2026 for $*****. 1 investor participated in its latest round. Photon Queue has 3 institutional investors.

Here is the list of recent funding rounds of Photon Queue:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 21, 2026	9931267	Seed	6669274	9202612	4989568	3984744
Jul 15, 2026	1477080	Grant (prize money)	8380711	1590962	9801011	NewMexico & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Photon Queue's funding rounds and investors

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Photon Queue include PsiQuantum, ORCA and Quandela. Here is the list of Top 10 competitors of Photon Queue, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PsiQuantum 2015, Palo Alto (United States), Series E	Developer of photon-based universal quantum computers	$2.32B	BlackRock, M12 & 39 others	72/100
2nd	ORCA 2019, London (United Kingdom), Series A	Developer of photonic quantum computing systems for machine learning applications	$18.7M	Atmos Ventures, Octopus Ventures & 10 others	62/100
3rd	Quandela 2017, Massy (France), Series B	Developer of quantum computing hardware, software, cloud access, and related services	$70.8M	Serena, Crédit Mutuel Innovation & 8 others	58/100
4th	Aegiq 2019, Sheffield (United Kingdom), Seed	Provider of quantum photonics hardware for communications	$4.8M	HTGF, Quantum Exponential & 9 others	57/100
5th	Quanfluence 2021, Bengaluru (India), Seed	Provider of quantum computing system and services	$2M	pi Ventures, RTBI & 8 others	57/100
6th	QuiX Quantum 2019, Enschede (Netherlands), Series A	Provider of photon-powered quantum computing processors	$23.2M	Invest-NL, EIC Fund & 7 others	56/100
7th	Quantum Source 2021, Rehovot (Israel), Series A	Developer of quantum computers with qubits	$77M	Eclipse, Dell Technologies Capital & 6 others	56/100
8th	Bose Quantum 2021, Beijing (China), Series B	Developer of AI-based universal hybrid quantum computers	$145M	Huameng Science Technology, qfcapital.com.cn ... & 22 others	56/100
9th	Pixel Photonics 2020, Munster (Germany), Seed	Provider of single-photon detectors	$9M	Quantonation, HTGF & 10 others	54/100
10th	OptQC 2024, Japan, Series A	Developer of optical quantum computers and related technologies for practical applications	$9.89M	Global Brain, JST & 2 others	51/100
13th	Photon Queue 2025, Champaign (United States), Seed	Provider of quantum computing solutions	$4M	Playground Global, NewMexico & 1 others	34/100