QCi Raises $750 Million in Private Placement for Quantum Hardware Growth

Quantum Computing Inc. (QCi) has raised $750 million through an oversubscribed private placement to accelerate quantum hardware commercialization and drive quantum technology expansion. The financing, led by QCi’s largest shareholders, gives the company a pro-forma cash position of about $1.55 billion following closing.

This marks a noteworthy financial milestone in the quantum hardware market — one that signals growing investor confidence in scalable photonics-based quantum technologies. The move underscores the accelerating shift from lab innovation to manufacturable, commercially viable quantum computing systems.

Funding fuels commercialization and expansion

The offering involves the sale of over 37 million shares of common stock priced at the market under Nasdaq rules. Titan Partners Group, a division of American Capital Partners, acted as the sole placement agent for the transaction. Closing is expected around October 8, 2025, pending standard conditions.

QCi plans to deploy the proceeds across several key initiatives — including commercialization, strategic acquisitions, and the establishment of volume production capabilities. Additional funding will go toward expanding sales and engineering teams, alongside working capital and general corporate purposes.

“Total capital raised since November 2024 is now $1.64 billion, positioning QCi with the strongest balance sheet among publicly traded quantum computing companies and providing what we believe is sufficient funding to execute our current business plan through 2028,” said Dr. Yuping Huang, CEO and Chairman of QCi. “The support from our existing investors through this recent raise is validation of our vision, technology, and roadmap. Our focus now shifts to expedite the transition from a quantum technology innovation company to a leading quantum hardware manufacturer, progressing our mission of putting quantum into the hands of people.”

Strategic positioning in quantum photonics

Headquartered in Hoboken, New Jersey, QCi specializes in integrated photonics and quantum optics systems that operate at room temperature and low power. The company’s approach — leveraging thin-film lithium niobate (TFLN) photonic chips — targets practical, scalable solutions for high-performance computing, AI, cybersecurity, and sensing applications.

With this latest funding round, QCi is positioning itself as one of the best-capitalized quantum computing firms globally. Its focus on manufacturable photonic hardware could place it in direct competition with established players in quantum processors and optics-based computing solutions.

The private placement shares have not been registered under the Securities Act of 1933 and may not be sold in the U.S. without registration or an exemption. QCi has committed to filing a resale registration statement with the SEC to enable future resale of the issued shares.

For the quantum technology ecosystem, QCi’s move reflects growing investor appetite for companies bridging the gap between experimental quantum research and commercial, deployable hardware — a shift likely to drive the next phase of quantum market growth.