PsiQ Stock $13.00

Forge Price BeaconForge Price 1 updated November 17, 2024

psiquantum.comTechnology Hardware / Computing hardwareFounded: 2015Funding to Date: $666.93MM

PsiQuantum is a technology company which offers quantum computing solutions to industries and research institutions. Focused on building a large-scale quantum computer using silicon photonics technology, PsiQuantum aims to develop computing capabilities that could potentially enable advancements in various fields, including scientific research and industry applications. This company was founded by Jeremy O'Brien Ph.D, Terry Rudolph Ph.D, Mark Thompson Ph.D, and Pete Shadbolt Ph.D in 2015 and is headquartered in Palo Alto, CA.

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Private Market Pricing DetailsValuation & Financings

PsiQ Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/17/2024
Price per Share
$13.00
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

PsiQ Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/27/2021 Series D $450MM $xx.xx $3.23B Blackrock, Baillie Gifford, M12, Blackbird Ventures, Temasek
Price per Share
$xx.xx
Shares Outstanding
17,158,414
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Blackrock, Baillie Gifford, M12, Blackbird Ventures, Temasek
04/07/2020 Series C $153.65MM $xx.xx $450.43MM Atomico, Founders Fund, Blackrock, Baillie Gifford, M12
Price per Share
$xx.xx
Shares Outstanding
33,128,726
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Atomico, Founders Fund, Blackrock, Baillie Gifford, M12
09/05/2017 Series B $50MM $xx.xx $102.72MM Founders Fund, Playground Global
Price per Share
$xx.xx
Shares Outstanding
22,880,151
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Playground Global
06/21/2016 Series A $13.27MM $xx.xx $37.93MM The House Fund, Redpoint Ventures, Playground Global
Price per Share
$xx.xx
Shares Outstanding
7,673,407
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
The House Fund, Redpoint Ventures, Playground Global

PsiQ investors also invested in these private companies

Blackrock Innovation Capital Group

Leadership & Board

Leadership

Elliot Carpenter
Chief Financial Officer
Fariba Danesh
Chief Operating Officer
Mark Thompson
Co-Founder & Chief Technology Officer
Jeremy O'Brien
Co-Founder & Chief Executive Officer
Stephanie Wong
Chief Strategy Officer
Josh Richman
Chief Revenue Officer
Roland Acra
Chief Business Officer

Board

Kartheepan Madasamy
MFV Partners

PsiQ stock FAQs

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Can you buy PsiQ stock?

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Can you sell PsiQ stock?

Yes, you may sell the PsiQ stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your PsiQ on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is PsiQ a public company?

No, PsiQ is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is PsiQ’s stock price?

PsiQ is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/17/2024 the PsiQ Forge Price is $13.00 per share. The Forge Price is a derived price calculated for private companies like PsiQ to provide insights into their current valuation. Learn more about Forge Price.
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What is PsiQ’s stock ticker symbol?

PsiQ does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

PsiQ’s news and media highlights

PsiQuantum has raised $450 million in Series D funding to build the world’s first commercially viable quantum computer. The funding round was led by funds and accounts managed by BlackRock, along with participation from insiders including Baillie Gifford and M12 – Microsoft’s venture fund – and new investors including Blackbird Ventures and Temasek. PsiQuantum has now raised a total of $665 million in funding to date. PsiQuantum was founded in 2016 by the world’s foremost quantum computing experts, who understood that a useful quantum computer required fault-tolerance and error correction, and therefore at least 1 million physical qubits.
One of their longstanding quantum clients has been D-Wave which has been using the SkyWater foundry for many years to manufacture the superconducting chips they use in their quantum annealing. Now PsiQuantum has chosen them to produce silicon photonics chips for their photonic based quantum computer.
PsiQuantum announced it opened its UK-based advanced R&D facility at STFC’s Daresbury Laboratory in the north west of England. This effort is backed by £9 million of funding from the UK government’s Department for Science, Innovation and Technology (DSIT), and gives PsiQuantum access to one of Europe’s largest liquid-helium (approx. -270°C) cryogenic plants.
PsiQuantum announced that it has signed a contract with the Defense Advanced Research Projects Agency (DARPA) to perform on the Utility-Scale Quantum Computing (US2QC) program, which underpins the US government’s commitment to identify companies with credible roadmaps to building a useful quantum computer in the near term. The partnership, which follows the recently announced collaboration between PsiQuantum and the Air Force Research Lab, is the result of a competitive applications process that included DARPA assessing candidate quantum computing companies for their ability to achieve the scaling needed for error-corrected quantum computing.
Updated on: Nov 17, 2024

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