Firgun Ventures Backs Silicon Quantum Computing in First Australian Investment, Adding 1 More Quantum Bet
Updated
Updated · The Quantum Insider · Jun 11
Firgun Ventures Backs Silicon Quantum Computing in First Australian Investment, Adding 1 More Quantum Bet
2 articles · Updated · The Quantum Insider · Jun 11
Summary
Firgun Ventures made its first Australian investment by backing Silicon Quantum Computing through a SAFE note, adding the Sydney-based company to its early-growth quantum portfolio.
SQC says it can manufacture quantum chips with 0.13-nanometer atomic precision and design, produce and test new chips in under one week through its vertically integrated hardware model.
Founded in 2017 by Michelle Simmons, SQC says the new funding will accelerate its manufacturing capability and deployment of commercial products including Watermelon and Quantum Twins.
More than 100 employees work across Australia, Europe and the US at SQC, which counts NRFC, UNSW and Telstra as investors and has reached Stage B of DARPA's Quantum Benchmarking Initiative.
The deal extends Firgun's lineup beyond prior bets in Canada, the US and UK, underscoring continued investor interest in silicon-based quantum computing as a scalable path to fault-tolerant systems.