Sydney-based startup Silicon Quantum Computing (SQC) has received approximately $14 million (A$20 million) in funding from the Australian government’s National Reconstruction Fund, as part of efforts to strengthen the country’s position in the global quantum computing race.
The investment is aimed at accelerating the development and commercialization of quantum computing technologies, particularly SQC’s work in building silicon-based quantum processors. The company is focused on creating scalable quantum systems that can handle complex computational challenges beyond the capabilities of classical computers.
Founded in 2017 by renowned physicist Michelle Simmons as a spinout from the University of New South Wales, SQC specializes in atomic-scale manufacturing, enabling it to design, produce, and test quantum chips with high precision and speed. Its technology uses phosphorus atoms embedded in silicon to create qubits, offering advantages in stability and scalability.
The newly secured funding will be used to enhance the company’s manufacturing processes, expand its team, and advance next-generation quantum chip development. It is also part of a broader, undisclosed funding round aimed at supporting long-term growth and innovation.
The investment reflects a wider push by the Australian government to back deeptech sectors such as quantum computing, which are expected to play a critical role in future industries including artificial intelligence, healthcare, and advanced materials. As global competition intensifies, initiatives like this are intended to ensure that locally developed technologies are commercialized within Australia rather than moving overseas.
- Advertisement -
 has received approximately $14 million (A$20 million) in funding from the Australian...){kind=link}