memQ
Enterprise Networks · Quantum Science & Computing
$10Mlatest round · Venture round · Mar 2026 · 7 mo ago
4backers · Audacia, Hyde Park Venture Partners
$658kgrants · 4 grants · CORDIS
19stories in the press
Overview
MemQ blends quantum science, materials, and photonics to create the first extensible quantum network architecture for industry, research, and government.
Funding and backers
Total raised
$10M
5 rounds on record
Latest round
$10M
Venture round · Mar 2026 · 7 mo ago
Grants
$658k
4 grants · CORDIS
Backers
4
Audacia, Hyde Park Venture Partners
The money's age
Fresh money
7 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Sep 24
Launched memQ Releases Quantum Industry's First Open-Sourced Distributed Quantum Compiler · The Manila Times
Jul 9
Recognition memQ Named to Falling Walls Venture Top 100 Science Startups to Watch · markets.businessinsider.com
Mar 31
Raised a round Venture round $10M · SiliconANGLE
Nov 3, 2025
Won a grant $146k · CORDIS
Sep 3, 2025
Won a grant $156k · CORDIS
Jul 26, 2024
Won a grant $156k · CORDIS
Feb 21, 2023
Won a grant $199k · CORDIS
Dec 2021
Website went live first capture in the Wayback Machine
Tractionpublic signals, read monthly
Web presence
top 3%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Mar 2026 | $10M | — | SiliconANGLE |
| Grant | Nov 2025 | $146k | — | CORDIS |
| Grant | Sep 2025 | $156k | — | CORDIS |
| Grant | Jul 2024 | $156k | — | CORDIS |
| Grant | Feb 2023 | $199k | — | CORDIS |
Backed byfrom the funds' portfolios and accelerator catalogs
Audacia 
Hyde Park Venture Partners 
Qbeat Ventures 
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Connections
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News
memQ Open-Sources Distributed Quantum Compiler
The open-source xDQC compiler helps quantum applications run across multiple QPUs, using CUDA-Q to optimise distributed execution instead
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Report
memQ Unleashes Open Quantum Compiler Across Networks
memQ open-sources its Distributed Quantum Compiler, enabling scalable multi-QPU execution, quantum networking, and global collaboration in research.
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Report
memQ Releases Quantum Industry's First Open-Sourced Distributed Quantum Compiler
CHICAGO, IL, Sept. 24, 2026 (GLOBE NEWSWIRE) -- memQ, the industry leader in quantum networking for scalable and distributed quantum computing,...
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Report
memQ Releases Quantum Industry's First Open-Sourced Distributed Quantum Compiler
Industry's first open-source, qubit agnostic distributed quantum compiler brings scale-out deployment capability to a previously monolithic market CHICAGO, IL, DATE memQ, the industry leader in quantum networking for scalable and distributed quantum compu
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Report
memQ Releases Quantum Industry's First Open-Sourced Distributed Quantum Compiler
Industry's first open-source, qubit agnostic distributed quantum compiler brings scale-out deployment capability to a previously monolithic market
Read more
Report
Report
Introducing memQ DQC: An Open-Source Framework for Distributed Quantum Computing
We've released memQ DQC, an open-source, modality-agnostic framework for compiling and scheduling quantum programs across distributed quantum networks. Distributed quantum computing offers a promising path toward scaling beyond the limitations of individu
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Report
Gate Teleportation vs Circuit Cutting in Distributed Quantum Computing
Advanced Quantum Technologies 9, no. 9 (2026): e70424 Distributed quantum computing offers a path to scaling beyond the limits of individual quantum processors by connecting multiple quantum modules. In this work, researchers from memQ and Argonne Nationa
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Report
Are You Ready for Quantum? A Practical Roadmap for Enterprise Adoption
Are You Ready for Quantum? A Practical Roadmap for Enterprise Adoption Oct. 6, 2026 1:00 pm Join memQ and SAS on October 6 at 1 pm ET for a 30-minute discussion with Bill Wisotsky, Principal Quantum Systems Architect at SAS, and Skip Sanzeri, Strategic Ad
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Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Chicago
United States
HQ
5207 S. Harper Ave, Suite 500, Chicago IL, 60615, US
5207 S. Harper Ave, Suite 500, Chicago IL, 60615, US