Business

Companies

Venture capital

Opinion

Elizabeth Knight Business columnist September 11, 2025 — 2.34pm

What do the largest company in the world, Nvidia, our home-grown millionaires’ factory Macquarie Group and the country’s leading venture capitalist, Blackbird, have in common with the federal and Queensland governments?

You could be forgiven if your riposte was zilch. But if you answer PsiQuantum at the pub trivia night, then the meat tray is yours.

So it would be unsurprising that both governments must be doing cartwheels after their combined near $1 billion investment in the US quantum computing start-up doubled in value overnight when a bunch of new investors including Macquarie and Nvidia joined the list of investors.

The updated valuation for the whole of PsiQua

See Full Page