Rigetti Computing

American quantum computing company

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March 25 2025 Rigetti Computing begins collaboration with NVIDIA's Quantum Computing Lab in Boston on cryptography technology research.
July 2023 Launched a single-chip 84 qubit quantum processor capable of scaling to even larger systems.
December 2022 Subodh Kulkarni became president and CEO of the company.
March 2 2022 Completed SPAC merger and began trading on NASDAQ under ticker symbol RGTI.
October 2021 Announced plans to go public via a SPAC merger, with an estimated valuation of around US$1.5 billion and potential additional funding of US$458 million.
2017 Advanced to testing eight-qubit quantum computers.
June 2017 Announced the release of Forest 1.0, a quantum computing platform designed to enable developers to create quantum algorithms.
2016 Raised Series A funding of US$24 million in a round led by Andreessen Horowitz.
November 2016 Secured Series B funding of $40 million in a round led by Vy Capital, with additional funding from Andreessen Horowitz and other investors.
February 2016 Rigetti created its first quantum processor, a three-qubit chip made using aluminum circuits on a silicon wafer.
2014 Rigetti Computing emerged from Y Combinator startup incubator and participated in The Alchemist Accelerator venture capital programme.
2013 Chad Rigetti founded Rigetti Computing, a quantum computing company emerging from a background in quantum computers at IBM.

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