Acquisition
Jan 2026D-Wave completed its acquisition of Quantum Circuits for $550M, folding QCI’s error-corrected gate-model technology into D-Wave’s dual-platform roadmap.
SourcePractical quantum computers based on superconducting devices.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Yale-founded superconducting quantum-computing company (Quantum Circuits, Inc., QCI) built around dual-rail cavity qubits with built-in error detection and an error-aware full-stack software/hardware platform; acquired by D-Wave in January 2026.
Primary product
Aqumen Seeker full-stack quantum computing system and Aqumen Cloud Service / Aqumen SDK stack
Founded
2015
Headquarters
25 Science Park, Suite 203, New Haven, Connecticut 06511, United States
Team size
20-30
Industry
Computer Hardware Manufacturing
Sub-industry
Superconducting quantum computing hardware
Offices
25 Science Park, Suite 203, New Haven, Connecticut 06511, United States
New Haven, Connecticut, United States (lab/manufacturing facility)
Business model
full-stack hardware platform
quantum-as-a-service
enterprise partnerships
SDK/software platform
Funding
Stage
acquired
Total raised
$105M
Latest round
Series B · Aug 2024
Latest amount
$60M
Aug 2024 · ARCH Venture Partners, F-Prime Capital, Sequoia Capital, and Hither Creek Ventures
May 2024 · Sequoia Capital
Nov 2017 · Canaan Partners and Sequoia Capital
Feb 2017 · Fitz Gate Ventures
Jan 2015
People & investors
Leadership
President & CEO
Chief Scientist & Co-Founder
Chief Technologist & Co-Founder
Chief Financial Officer
VP of Quantum Hardware Engineering
VP of Software Engineering
Head of Product
Head of Solutions Architecture / Partnerships & Alliances
Director of Applications
Neil Wu Becker
Head of Marketing
Work & culture
Public materials describe a science-led, pragmatic, commercial-ready culture centered on ‘correct first, then scale,’ error-aware computing, and a fast-moving engineering team focused on fault-tolerant quantum systems.
Compensation
No public salary bands found. Recruiting materials emphasize state-of-the-art facilities, a fast-paced team, and strong learning opportunities rather than disclosed compensation ranges.
Product & market
Pricing
Quantum-as-a-Service (Aqumen Cloud Service) plus enterprise/partnership-led access; no public list pricing found.
Differentiators
- —Dual-rail cavity qubits with built-in error detection
- —Error-aware architecture designed to reduce physical-qubit overhead
- —Real-time control flow (loops, branching, conditional execution)
- —Error Detection Handling for mid-circuit erasure/error management
- —Full-stack hardware + cloud + simulator + SDK approach
- —‘Correct first, then scale’ strategy for fault-tolerant quantum computing
Technology
superconducting circuits
dual-rail cavity qubits
circuit QED
quantum error detection
real-time control flow
error detection handling
Aqumen SDK
Aqumen Cloud Service
AquSim
QCDL
Python
Qiskit
CUDA-Q
GitHub Actions
Git
Linux
Terraform
Docker
Kubernetes
PostgreSQL
Customers
Enterprise customers exploring quantum applications
Drug discovery / pharma teams
Materials design and chemistry teams
Finance / fintech teams
Cryptography and cybersecurity teams
AI / machine-learning teams
Algorithmiq (public collaboration for drug-discovery work)
Competitors
D-Wave
Rigetti Computing
IonQ
Quantinuum
Oxford Quantum Circuits
Atom Computing
IQM
1QBit
Scale & contact
Estimated revenue
$1M-$10M
Signals & risks
Latest news
Yale News · Jan 2026
Yale framed the sale as a major local tech win, noting the company’s New Haven footprint and the expected expansion of the team and R&D activity.
D-Wave / Business Wire · Jan 2026
D-Wave closed its acquisition of Quantum Circuits, saying the deal accelerates its path to a scaled, error-corrected gate-model quantum computer and makes its dual-platform roadmap stronger.
The Quantum Insider · Jan 2026
The companies announced a $550M acquisition agreement combining D-Wave’s annealing platform with Quantum Circuits’ superconducting gate-model technology.
Quantum Circuits · May 2025
Quantum Circuits said it was working with NVIDIA and Supermicro to expand access to accelerated computing for quantum researchers and to advance hybrid classical-quantum workflows.
Quantum Circuits · Aug 2024
Quantum Circuits announced the final close of its Series B, led by ARCH Venture Partners, F-Prime Capital, Sequoia Capital, and Hither Creek Ventures, with additional strategic investors participating.
Jobs and careers at Quantum Circuits
0 jobs at Quantum Circuits
No open positions
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