memQ
memQ is a quantum computing company in Chicago, United States, founded in 2021. It has raised $12.0M across 2 rounds, most recently a $10.0M Series A in April 2026.
Building the Future of Quantum Connectivity
- Headquarters
- Chicago
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2B
- Website
- memq.tech
- Total Funding
- $12.0M
- Last Round
- $10.0M Series AApr 2026
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds for this company. The full record is or through the API.
About
memQ is a Chicago-based quantum networking hardware company spun out of the University of Chicago in 2021. The company develops solid-state quantum memory modules and photonic interconnects that enable distributed quantum computing across optical networks. Its xQNA quantum memory modules are compatible with commercial 300mm semiconductor foundry processes, enabling scalable and cost-effective production. memQ has received funding from Quantonation, Exposition Ventures, and Hyde Park Venture Partners, and recently announced a Series A round in March 2026.
Summary
It lists 1–10 employees. It has raised $12.0M in total across 2 rounds, most recently a $10.0M Series A round in Apr 2026.
Tech & App Stack
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Funding History
Apr 2026
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
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