Equal1 raises $60M to accelerate quantum computing using existing semiconductor manufacturing

January 15, 2026

  • $60M raised from ISIF, Atlantic Bridge Ventures, European Innovation Council Fund, Matterwave Ventures, Enterprise Ireland, Elkstone and TNO Ventures—bringing total funding to over $85M.
  • Equal1 develops quantum processors on existing semiconductor fabs, bringing semiconductor-scale manufacturing to quantum computing.
  • The approach is validated by flagship customers, such as the European Space Agency (ESA), where Equal1 will install Bell-1 into ESA's Space HPC Center in Italy.

Equal1, a quantum semiconductor company, today announced it has raised $60M to accelerate development of scalable, silicon-based quantum computers and deployment of its datacenter-ready Bell-1 quantum server. The round was led by the Ireland Strategic Investment Fund (ISIF), with participation from Atlantic Bridge, the European Innovation Council Fund, Matterwave Ventures, Enterprise Ireland, Elkstone and TNO Ventures.

The result is Bell·1 — a rack-mounted quantum server for standard datacenter environments. No dilution refrigerators. No dedicated facilities. No team of physicists. It arrives on wheels: roll it in, plug it in, start computing.

Jason Lynch, CEO of Equal1: "This $60M in funding marks the transition of Equal1 from development to deployment. By building quantum processors on standard silicon, we're turning quantum from bespoke hardware into deployable infrastructure - positioning Equal1 as the quantum standard for HPC."

Brian O'Connor, Senior Investment Director at ISIF: "Backing innovative Irish companies like Equal1 as they scale internationally is central to ISIF's scaling indigenous businesses investment theme."

Gerry Maguire, Board Director at Equal1 and General Partner at Atlantic Bridge: "This funding milestone is a significant step forward, enabling Equal1 to move from breakthrough innovation to commercialisation."

Svetoslava Georgieva, Chair of the EIC Fund Board: "Equal1's approach aligns directly with Europe's semiconductor and quantum ambitions. The EIC Fund is proud to back a European company turning breakthrough science into industrial reality."

Amanda Ward, Head of Digital Technologies at Enterprise Ireland: "Innovation from pioneering Irish businesses like Equal1 are gaining increasing international recognition and Enterprise Ireland is delighted to have supported the company on each stage of its rapid growth."

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