memQ

Chicago, IL · Founded 2021 · Privately Held (backing)

Developer of quantum repeaters designed to distribute photonic qubits across the existing C-band telecom infrastructure. memQ is based in Chicago, IL and was founded in 2021. Its last reported valuation was $52 million in Mar 2026. It has raised $13.2 million.

Last reported valuation
$52.0M
Oct 2026
Priced at
—
Total raised
$13.2M
Last round
—

memQ key facts

as of Oct 2026
  • Developer of quantum repeaters designed to distribute photonic qubits across the existing C-band telecom infrastructure.
  • memQ is valued at approximately $52.0M as of Oct 2026 (last reported valuation).
  • It has raised $13.2M; the latest was Early Stage VC ($10.0M) in Mar 2026.
  • Notable investors include Transpose Platform Management, U.S. Department of Energy, Hyde Park Venture Partners, Yaletown Partners, BlueSky Capital — 17 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$52.0M

memQ's last reported valuation, Mar 2026. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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memQ funding rounds

No rounds on record

No funding rounds for memQ are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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memQ valuation

memQ's last reported valuation was $52 million in Mar 2026. No priced round, secondary trade or fund mark has surfaced since.

memQ investors

17 investors are on record for memQ, including Transpose Platform Management, U.S. Department of Energy, Hyde Park Venture Partners and Yaletown Partners. By type, the record holds 4 venture capital firms, 1 family office and 1 fund of funds.

About memQ

Developer of quantum repeaters designed to distribute photonic qubits across the existing C-band telecom infrastructure. The company's memory and interconnect technology allows the distribution of quantum information across the network, facilitating the connection of quantum computers and sensors, enabling companies with scalable on-chip devices for quantum information storage, distribution, and processing.

Sector
Information Technology
HQ
Chicago, IL, United States
Founded
2021
Employees
9
Website
memq.tech/
Ownership
Privately Held (backing)

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