Startups
MemQ is a company that develops semiconductor materials with novel qubit storage capabilities that will play a critical role in quantum network development. They are developing rare earth-based (Erbium) technologies to enable scalable on-chip devices for quantum information storage, distribution and processing. Their products include solid-state hardware for distributed quantum information.
However, they recently announced their $2 MM seed round from Quantonation, Exposition Ventures, and George Shultz Innovation Fund.
However, they recently announced their $2 MM seed round from Quantonation, Exposition Ventures, and George Shultz Innovation Fund.
Overview
Location
United States, Illinois, Chicago
Employees
1-10
Total raised
$2M
Founded date
2022
Investors 1
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Funding Rounds 1
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Mentions in press and media 6
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| Mar 31, 2026 | memQ Closes $10M Series A Financing | memQ, a Chicago, IL-based developer of quantum networking solutions for distributed quantum computing, closed a $10M Series A financing. The round was co-led by Quantonation and Ocean Azul Partners, with syndicate participation from both ex... |
| Feb 17, 2023 | memQ Raises $2M in Seed Funding | memQ, a Chicago, IL-based quantum memory startup, raised $2M in Seed funding. The round was led by Quantonation, Exposition Ventures, and the George Schultz Innovation Fund. The company intends to use the funds to accelerate the development... |
| Feb 16, 2023 | Quantum startup MemQ gets $2 million for memory storage | |
| MemQ | “enabling our quantum future” | |
| MemQ | “memQ blends quantum science, materials, and photonics to create the first extensible quantum network architecture for industry, research, and government.” |
Reviews 0
FAQ about memQ
When was memQ founded?
memQ was founded in 2022.
How much funding has memQ raised?
memQ has raised $2M in total across 1 funding round.
What has the press written about memQ?
Parsers VC has collected 6 articles mentioning memQ, among them “memQ Closes $10M Series A Financing” (Mar 31, 2026) and “memQ Raises $2M in Seed Funding” (Feb 17, 2023).
Is memQ still active?
memQ is probably closed: its latest activity on Parsers VC dates from Mar 31, 2026.