# ColdQuanta funding: rounds and investors

> ColdQuanta has raised $17M across 3 rounds since 2018. Investors include Maverick Ventures, Foundry Group and Global Frontier Investments.

Source: https://millionrounds.com/company/coldquanta (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *ColdQuanta*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Deeptech Quantum Computing

Funding summary Updated 26 Oct 2026

**$17M** raised across 3 rounds since 2018, from 3 sources

**$6.8M** Seed **$10M** Seed

- **Latest round:** Series A Nov 2020
- **Led by:** Foundry Group
- **Biggest round:** $10M Seed · Nov 2019
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020

**$6.8M** Seed

**$10M** Seed

**?** Series A

- **First round:** Seed, $6.8M
- **Biggest round:** $10M
- **Usual gap between rounds:** 16 months

## The rounds

- **Nov 2020** Series A **Amount undisclosed** *3 new* *1 returning* [Foundry Group](https://millionrounds.com/fund/foundry) Lead [Maverick Ventures](https://millionrounds.com/fund/maverick-ventures) [Global Frontier Investments](https://millionrounds.com/fund/global-frontier-investments) [LCP Quantum Partners](https://millionrounds.com/fund/lcp-quantum-partners) Reported by Foundry Group SEC filing: $32M sold, first sale Oct 2020
- **Nov 2019** Seed **$10M** *2 new* [Maverick Ventures](https://millionrounds.com/fund/maverick-ventures) Global Frontier Investments Reported by FinSMEs SEC filing: $10M sold, first sale Nov 2019
- **Jul 2018** Seed **$6.8M** *1 new* Maverick Ventures/ Global Fontier Reported by FinSMEs SEC filing: $4.0M sold, first sale Jun 2018

## Founders and team

From ColdQuanta's own website: 1 founder, 13 on the team.

**Dana Anderson** Chief Science Officer & Founder

- **Fred Chong** Chief Scientist of Quantum Software
- **Ilan Hart** Chief Financial Officer
- **Jason Hall** Chief Legal Officer
- **Julie McGee** Chief Administrative Officer
- **Mark Saffman** Chief Scientist for Quantum Information
- **Patricia Elias** Chief People Officer
- **Paul Lipman** Chief Revenue Officer
- **Ryan Hanley** Chief Technical Officer, UK
- **Evan Salim** VP Engineering Operations
- **Lisa Pendergast** VP Proposals & Contracts
- **Pritesh Solanki** VP Clocks & Products
- **William Clark** VP Business Development
- **Troy Smith** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2018 **Seed** 2019 **Series A** 2020 [Maverick Ventures](https://millionrounds.com/fund/maverick-ventures) [Foundry Group](https://millionrounds.com/fund/foundry) L [Global Frontier Investments](https://millionrounds.com/fund/global-frontier-investments) [LCP Quantum Partners](https://millionrounds.com/fund/lcp-quantum-partners) Global Frontier Investments Maverick Ventures/ Global Fontier

## Everyone who backed them

[Maverick Ventures](https://millionrounds.com/fund/maverick-ventures) VC firm **2** rounds

[Foundry Group](https://millionrounds.com/fund/foundry) VC firm **1** round, led 1

[Global Frontier Investments](https://millionrounds.com/fund/global-frontier-investments) VC firm **1** round

[LCP Quantum Partners](https://millionrounds.com/fund/lcp-quantum-partners) VC firm **1** round

Global Frontier Investments no record of our own yet **1** round

Maverick Ventures/ Global Fontier no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=coldquanta).

## Quick answers about ColdQuanta

### Who invested in ColdQuanta?

ColdQuanta's investors include Maverick Ventures, Foundry Group, Global Frontier Investments, LCP Quantum Partners and Global Frontier Investments, and 1 more on record. Foundry Group led its latest round.

### How much has ColdQuanta raised?

ColdQuanta has raised $17M across 3 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did ColdQuanta last raise?

ColdQuanta's most recent round was a Series A in Nov 2020, led by Foundry Group.

### What was ColdQuanta's biggest round?

ColdQuanta's largest round on record is $10M (Seed), in Nov 2019.

### Who backed ColdQuanta first?

ColdQuanta's first round on record, in Jul 2018, was backed by Maverick Ventures/ Global Fontier.

### What stage is ColdQuanta at?

ColdQuanta's latest named round is a Series A, in Nov 2020.

### Where is ColdQuanta based?

ColdQuanta is based in the United States.

### Who led ColdQuanta's rounds?

Foundry Group led the Series A in 2020.

## Companies like ColdQuanta

In the same sector, and raised in the last eighteen months.

[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Oratomic** $775M · Oct 2026](https://millionrounds.com/company/oratomic)[**Mesa Quantum** $23M · Sept 2026](https://millionrounds.com/company/mesa-quantum)[**Quantinuum** $700M · Sept 2026](https://millionrounds.com/company/quantinuum)[**Photon Queue** $4.0M · Jul 2026](https://millionrounds.com/company/photon-queue)

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