memQ

Private

Chicago, IllinoisFrontier & Industrial Techhttps://memq.tech/

Last Round

Series A

Mar 31, 2026

Total Funding Raised

$12.05M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

memQ is a quantum computing company that develops an extensible quantum network architecture to enable quantum computers to share resources and operate cooperatively at scale while leveraging existing telecom infrastructure.

Sector

Frontier & Industrial Tech

Verticals

Quantum Computing, Computing Hardware, Semiconductors, Network Equipment

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

quantum memoryquantum networkingquantum internetquantum memory moduleQMMquantum network interface controllerQNICdistributed quantum computingquantum hardwarequantum infrastructurequantum compilerquantum interconnectquantum stackdeep tech

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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memQ Comps

Public and private peers based on sector, stage, and business model.

memQ comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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memQ Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Mar 31, 2026
Seed	Feb 15, 2023
Accelerator	Jun 29, 2022
Grant	Feb 4, 2022

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Key People

Founding team and executive leadership

Sean Sullivan

Co-Founder, CTO

Founding Team

Manish Kumar Singh

Co-Founder, CEO

Founding Team

memQ Investors

Notable investors and investment history

memQ investors
Investor	Rounds
Yaletown Partners	Series A
Qbeat Ventures	Series A
GRAYARCH PARTNERS	Series A
Hyde Park Venture Partners	Series A
Exposition Ventures	Seed
Transpose Platform	Series A
Quantonation	Seed, Series A

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Market signals

Structured signals derived from secondary market and firmographic data.

Mar 31, 2026
$10M round completed.
Mar 18, 2026
Announced roadmap for Extensible Distributed Quantum Compiler on NVIDIA CUDA-Q platform.

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memQ Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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memQ Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about memQ's valuation, stock price, and market status.

Firmographic Details

HeadquartersChicago, Illinois

Employee Range19

Year Founded2021

Last FundingMar 31, 2026

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