Australia’s NRFC and Firgun Ventures Inject 40 Million AUD ($28 Million USD) and Growth Capital into Silicon Quantum Computing - Quantum Computing Report

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Australia’s NRFC and Firgun Ventures Inject 40 Million AUD ($28 Million USD) and Growth Capital into Silicon Quantum Computing

Australian silicon qubit developer Silicon Quantum Computing (SQC) has secured a dual capital injection anchored by a 40 million AUD ($28 million USD) follow-on commitment from the sovereign National Reconstruction Fund Corporation (NRFC) alongside a strategic growth investment from London-based venture capital firm Firgun Ventures. The newly allocated funding builds directly upon the NRFC’s initial 20 million AUD investment phase, elevating the sovereign corporation’s total financial commitment to 60 million AUD. Structured to scale domestic deep-tech hardware capability, this capital round supports SQC’s roadmap to expand its localized semiconductor manufacturing lines and accelerate the deployment of commercial-grade quantum processors directly within the Australian technology ecosystem.