# PE firms backing Quantum Computing (2026 list)

> 44 PE firms backing Quantum Computing, 82% active in the last 12 months. Led by Gaingels, HSBC, National Bank of Canada. Ranked by what they funded.

Source: https://millionrounds.com/lists/pe-firms-quantum (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# PE firms backing Quantum Computing

Updated 7 November 2026

PE firms we have observed in a quantum Computing round in the last two years.

[See all 44 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-quantum)The top 25

**44** investors on the list No change this week

**384** cheques in 12 months *+15%* against the market

**$147M** median round they joined *+1736%* against the market median

**82%** wrote a cheque in 12 months

**45%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (24)

- 1 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 2 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen
- 3 [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) *Deploying now* Private equity · Canada **77** **$74M** median round **Sept 2026** last seen
- 4 [Bain Capital](https://millionrounds.com/fund/bain-capital) *Deploying now* Private equity · United States **58** **$50M** median round **Aug 2026** last seen
- 5 [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) *Deploying now* Growth equity · Canada **46** **$100M** median round **Oct 2026** last seen
- 6 [Gresham House Ventures](https://millionrounds.com/fund/gresham-house-ventures) *Deploying now* Growth equity · United Kingdom **40** **$6.6M** median round **Sept 2026** last seen
- 7 [Qatar Ban](https://millionrounds.com/fund/qatar-ban) *Deploying now* Growth equity · Qatar **33** **$548M** median round **Sept 2026** last seen
- 8 [Zouk Capital](https://millionrounds.com/fund/zouk-capital) *Deploying now* Private equity · United Kingdom **29** **$17M** median round **Jul 2026** last seen
- 9 [Blackbird](https://millionrounds.com/fund/blackbird) *Deploying now* Private equity · Australia **25** **$24M** median round **Oct 2026** last seen
- 10 [WING](https://millionrounds.com/fund/wing) *Deploying now* Growth equity · United Arab Emirates **15** **$40M** median round **Jan 2026** last seen
- 11 [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) *Deploying now* Growth equity · Australia **11** **$40M** median round **Jun 2026** last seen
- 12 [Gaja Capital](https://millionrounds.com/fund/gaja-capital) *Deploying now* Private equity · India **7** **$16M** median round **Nov 2026** last seen
- 13 [Nico Rosberg](https://millionrounds.com/fund/nico-rosberg) *Deploying now* Growth equity · Monaco **7** **$50M** median round **Sept 2026** last seen
- 14 [Planet First Partners](https://millionrounds.com/fund/planet-first-partners) *Deploying now* Growth equity · Luxembourg **6** **$165M** median round **Jun 2026** last seen
- 15 [Tikehau Capital](https://millionrounds.com/fund/tikehau-capital) *Deploying now* Private equity · United States **6** **$118M** median round **Jul 2026** last seen
- 16 [British Columbia Investment Management Corporation (BCI)](https://millionrounds.com/fund/british-columbia-investment-management-corporation-bci) *Deploying now* Growth equity **6** **$149M** median round **Sept 2026** last seen
- 17 [Nvidia's NVentures](https://millionrounds.com/fund/nvidia-s-nventures) *Deploying now* Growth equity **6** **$405M** median round **Feb 2026** last seen
- 18 [Clal](https://millionrounds.com/fund/clal) quiet Growth equity **5** **$62M** median round **May 2025** last seen
- 19 [Scania Invest](https://millionrounds.com/fund/scania-invest) *Deploying now* Growth equity **4** **$45M** median round **Jul 2026** last seen
- 20 [Abbott](https://millionrounds.com/fund/abbott) *Deploying now* Private equity · United States **3** **$140M** median round **May 2026** last seen
- 21 [Serendipity Capital](https://millionrounds.com/fund/serendipity-capital) *Deploying now* Private equity · Singapore **3** **$13M** median round **Oct 2026** last seen
- 22 [Porsche Automobil Holding SE](https://millionrounds.com/fund/porsche-automobil-holding-se) *Deploying now* Growth equity **3** **$208M** median round **May 2026** last seen
- 23 [Santander Alternative Investments](https://millionrounds.com/fund/santander-alternative-investments) *Deploying now* Growth equity **3** **$23M** median round **Jul 2026** last seen
- 24 [Corner Capital](https://millionrounds.com/fund/corner-capital) *Deploying now* Private equity · Australia **2** **$400M** median round **Dec 2025** last seen
- 25 [HP Inc](https://millionrounds.com/fund/hp-inc) *Deploying now* Growth equity **2** **$393M** median round **Jul 2026** last seen

**19 more on this list**

All 44 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-quantum)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Ripik.ai](https://millionrounds.com/company/ripik-ai)** Round *Led by* [Gaja Capital](https://millionrounds.com/fund/gaja-capital)
- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [HSBC](https://millionrounds.com/fund/hsbc)
- **26** Oct **[Revolver Resources](https://millionrounds.com/company/revolver-resources)** Debt · $3M *With* [Blackbird](https://millionrounds.com/fund/blackbird)
- **23** Oct **[Coherence Neuro](https://millionrounds.com/company/coherence-neuro)** Series A · $45M *With* [Blackbird](https://millionrounds.com/fund/blackbird)
- **23** Oct **[Deriva Energy](https://millionrounds.com/company/deriva-energy)** Debt · $540M *With* [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada)
- **22** Oct **[QuantrolOx](https://millionrounds.com/company/quantrol-ox)** Series A · $13M *With* [Serendipity Capital](https://millionrounds.com/fund/serendipity-capital)

## Stages This Year

358 rounds

- Debt **20%**
- Venture **19%**
- Series A **16%**
- Series B **9%**
- Series C **7%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **99**
- Aerospace & Space **40**
- Fintech **32**
- Energy **26**
- Biotech **23**
- Financial Services **22**

## Cheques by Quarter

Led Joined

91 Q1 25

86 Q2 25

90 Q3 25

108 Q4 25

133 Q1 26

120 Q2 26

78 Q3 26

12 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about PE firms backing Quantum Computing

### Who are the most active PE firms backing Quantum Computing?

By cheques observed, the most active are Gaingels, HSBC, National Bank of Canada, Bain Capital and Royal Bank of Canada.

### How many PE firms backing Quantum Computing are there?

44 are on record. 82% made an investment in the last 12 months and 45% have led a round.

### Which stages do PE firms backing Quantum Computing back?

Of the rounds with a named stage in the last 12 months, mostly Debt (28%) and Series A (22%).

### How big are the rounds PE firms backing Quantum Computing join?

The typical (median) round among the leading investors here is $50M.

### Which sectors do PE firms backing Quantum Computing back most?

In the last 12 months, mostly AI, Aerospace & Space and Fintech.

### Which PE firms backing Quantum Computing lead the most rounds?

Gresham House Ventures (7 led), National Reconstruction Fund (7 led) and Qatar Ban (6 led).

### Where are PE firms backing Quantum Computing based?

Among the most active, most are based in the United States (4), the United Kingdom (3) and Australia (3).

### What have PE firms backing Quantum Computing invested in recently?

Recent rounds include Ripik.ai (Nov 2026, with Gaja Capital), Neoen (Debt, Oct 2026, with HSBC) and Revolver Resources (Debt, Oct 2026, with Blackbird).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)