memQ Announces Series A Funding to Drive Extensible Quantum Networking

CHICAGO, IL, March 31, 2026 ─ memQ™, the industry leader in quantum networking solutions for distributed quantum computing, announced today the closing of its $10M Series A round of financing. The round was co-led by Quantonation and Ocean Azul Partners, with syndicate participation from both existing and new investors. Know more about memQ’s announcement here.
A full-stack simulation framework for distributed quantum processors with CUDA-Q

The quantum computing industry is shifting from single, monolithic quantum processors (QPUs) to distributed systems where multiple QPUs are connected by quantum networks. This trend, visible across superconducting qubits[1], trapped ions[2], and neutral atoms[3], requires specialized software for orchestration and quantum link hardware & architecture co-design. Know more about memQ’s full-stack simulation framework here.
memQ Delivers Integration of Advanced Quantum Computing Components with Commercial Foundry

CHICAGO, IL, July 31, 2025 memQ™, the industry leader in quantum networking solutions for distributed quantum computing, today announced breakthrough technology and processes that allow scalable and cost-effective production of quantum networking components using common semiconductor production capabilities. This approach, now used in their xQNA quantum memory modules, has been demonstrated as compatible with large-scale 300 […]
McKinsey’s Quantum Technology Monitor Distilled: The Rise of Quantum Networking

Quantum computing has captured the investment attention of the tech sector over the past few years, with estimates exceeding $60B to realize the incredible power and promise of quantum. Recently, however, it has become apparent that quantum networking – the ability to connect quantum systems in a way that doesn’t collapse the quantum state – […]
Scaling Quantum Networks

Classical computing networks evolved from monolithic ‘walled gardens’ performing very specific functions to flexible, multi‑layered infrastructures capable of supporting an array of workloads across billions of users. In order to achieve broad commercial adoption and fulfill the promise of harnessing quantum physics, quantum systems must grow past today’s self-contained entanglement schema if they are to […]
The Advent of Distributed Quantum Computing

Distributed quantum computing is here, and it’s changing the way we think about scaling quantum computers. As labs achieve higher fidelity gate operations and scale to larger quantum volumes, we’re seeing companies across all qubit technologies: superconducting, trapped ion, photonic, neutral atoms, and others recognize this fundamental shift towards modular distributed quantum computing. Read more […]
Our CTO, Sean Sullivan has deep roots in the Chicago South Works site

Sean Sullivan’s great grandfathers, grandfather, uncles and aunts worked at the U.S. Steel South Works mill before it closed 30 years ago. Now the co-founder and CTO of quantum tech company memQ, he plans to bring his work to the Illinois Quantum and Microelectronics Park being built on the same site Read on to learn […]