# Qolab funding: rounds and investors

> Qolab has raised $54M across 1 round since 2026. Investors include Phoenix VC, Wisconsin Alumni Research Foundation and UC Investments.

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

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

# Who invested in *Qolab*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Deeptech Hardware & Electronics Quantum Computing

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$54M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series B, $54M Jul 2026
- **Investors:** 4

See who backed them

## The rounds

- **Jul 2026** Series B **$54M** [Phoenix VC](https://millionrounds.com/fund/phoenix-venture-partners) [Wisconsin Alumni Research Foundation](https://millionrounds.com/fund/wisconsin-alumni-research-foundation) [UC Investments](https://millionrounds.com/fund/uc-investments) [Octave Ventures LLC](https://millionrounds.com/fund/octave-ventures-llc) Reported by AlleyWatch SEC filing: $44M sold

## Funding filed with regulators

Qolab filed 2 raises, $47M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$44M** 6 investors of $50M offered SEC Form D
- May 2024 **$3.0M** 3 investors equity of $15M offered SEC Form D

## Founders and team

From Qolab's own website: 3 founders, 3 on the team.

**Alan Ho** CEO, Co-founder

**John Martinis** CTO, Co-founder

**Robert McDermott** Head of Hardware, Co-founder

- **Britton Plourde** Quantum hardware engineer
- **Roman Caudillo** Quantum hardware engineer
- **Shariq Siddiqui** Quantum hardware engineer

## Everyone who backed them

[Phoenix VC](https://millionrounds.com/fund/phoenix-venture-partners) VC firm **1** round

[Wisconsin Alumni Research Foundation](https://millionrounds.com/fund/wisconsin-alumni-research-foundation) Investment firm **1** round

[UC Investments](https://millionrounds.com/fund/uc-investments) VC firm **1** round

[Octave Ventures LLC](https://millionrounds.com/fund/octave-ventures-llc) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Qolab as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Phoenix Venture Partners](https://millionrounds.com/fund/phoenix-venture-partners-llc) VC firm Per its own site

[Dhuna Ventures](https://millionrounds.com/fund/dhuna-ventures) VC firm Per its own site

## Quick answers about Qolab

### Who invested in Qolab?

Qolab's investors include Phoenix VC, Wisconsin Alumni Research Foundation, UC Investments and Octave Ventures LLC.

### How much has Qolab raised?

Qolab has raised $54M across 1 round since 2026.

### When did Qolab last raise?

Qolab's most recent round was a Series B of $54M in Jul 2026.

### What was Qolab's biggest round?

Its most recent round, $54M in Jul 2026, is also its largest on record.

### Who backed Qolab first?

Qolab's first round on record, in Jul 2026, was backed by Phoenix VC, Wisconsin Alumni Research Foundation and UC Investments and 1 others.

### What stage is Qolab at?

Qolab's latest named round is a Series B, in Jul 2026.

### Where is Qolab based?

Qolab is based in the United States.

## Companies like Qolab

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

[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Iris Technology** Oct 2026](https://millionrounds.com/company/iris-technology)[**Re:Build** $2.2B · Oct 2026](https://millionrounds.com/company/re-build)[**Ayar Labs** $904M · Oct 2026](https://millionrounds.com/company/ayar-labs)

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