IQT portfolio

IQT has 52 portfolio companies on record at Recent Funding, with 13 investments in the last 12 months.

Website: iqt.org.

Type: Government fund.

Portfolio on Recent Funding: 52.

Deals, last 12 months: 13.

Rounds led: 1 of 38.

Capital in their rounds: $3.5B.

Latest deal: Q-CTRL · Nov 12, 2026.

About this page

It is a government fund based in Washington, US, founded in 1999. It led 1 of the 38 rounds it joined. Its most recent investment on record is Q-CTRL's $290M Series B+ round in November 2026, alongside Salus Ventures, Square Peg, MPower Partners and 6 others. By category, its portfolio leans toward Developer tools and cloud (17) and Robotics and hardware (15). It has co-invested with Main Sequence Ventures, Salesforce Ventures and National Reconstruction Fund Corporation, most often Main Sequence Ventures (6 rounds).

About IQT

Firm type: Government fund.

Headquarters: Washington, US.

Founded: 1999.

Stages: Seed, Series A, Series B, Series C, Growth.

Sectors: AI & Machine Learning, Biotech, Cybersecurity, Deep Tech, Defense Tech, Energy, Enterprise Software, Hardware, New Materials, Quantum Computing, Sector Agnostic, Semiconductors, Space Tech.

Check size: $100K to $2.5M.

Leads rounds: No.

Portfolio companies: 493.

Exits: 44.

Rounds led: 6.

What IQT invests in

Developer tools and cloud · 17 · 33%
Robotics and hardware · 15 · 29%
Manufacturing and industrial · 15 · 29%
Cybersecurity · 11 · 21%
AI infrastructure and compute · 10 · 19%
Defense and security · 7 · 13%
Climate and energy · 7 · 13%
Health and bio · 6 · 12%

IQT recent investments

Company	Round	Date	Alongside
QQ-CTRL	Series B+ · $290M	Nov 12, 2026	Salus Ventures, Square Peg, MPower Partners +6
NNorthwood	Series B+ · $375M	Nov 2, 2026	Washington Harbour Partners, Alpine Space Ventures, DFJ Growth (lead) +2
MMueon	Series A · $65M	Oct 15, 2026	Wellington Management, Oregon Venture Fund, Geodesic Capital +4
RReach Security	Series B+ · $50M	Oct 13, 2026	Top Tier Capital Partners (lead), Ballistic Ventures, M12
SSensible Biotechnologies	Series A · $47M	Oct 6, 2026	Timothy Garnett, Civilization Ventures, Isomer Capital +6
TTERASi	Seed · $12.61M	Sep 22, 2026	D3 Venture Capital Firm, Almi Invest, Sting +6
OOdyssey	Series B+ · $310M	Jun 17, 2026	Jeff Dean, Kyle Vogt, Garry Tan +7
QQuantWare	Series B+ · $178M	May 5, 2026	ETF Partners, Intel Capital

How IQT invests

Stage	Deals	Capital in rounds
Series B+	19 50%	$2.11B
Series A	15 39%	$1.32B
Seed	4 11%	$60.61M

Year	Deals	Capital in rounds
2015	1 3%	$3M
2019	2 5%	$21.8M
2020	2 5%	$17.5M
2021	2 5%	$65M
2022	6 16%	$181M
2023	1 3%	$16M
2024	4 11%	$132.85M
2025	8 21%	$600M
2026	12 32%	$2.46B

IQT portfolio companies

QQ-CTRL$290MSeries B+ · Nov 2026
NNorthwood$375MSeries B+ · Nov 2026
MMueon$65MSeries A · Oct 2026
RReach Security$50MSeries B+ · Oct 2026
SSensible Biotechnologies$47MSeries A · Oct 2026
TTERASi$12.61MSeed · Sep 2026
OOdyssey$310MSeries B+ · Jun 2026
QQuantWare$178MSeries B+ · May 2026
AAdvanced Navigation$158MSeries B+ · Mar 2026
VVast$500MSeries A · Mar 2026
EEmerald AI$25MSeed · Feb 2026
IInertia$450MSeries A · Feb 2026
SSakana AI$135MSeries B+ · Nov 2025
SSynchron$200MSeries B+ · Nov 2025
SSubstrate$100MSeries A · Oct 2025
DDropzone AI$37MSeries B+ · Sep 2025
AAntheia$56MSeries B+ · Jun 2025
DDataHub$35MSeries B+ · May 2025
IIONATE$17MSeries A · Feb 2025
QQuantum Brilliance$20MSeries A · Jan 2025
VVatn Systems$13MSeed · Nov 2024
QQuantum Circuits$60MSeries B+ · Aug 2024
NNucleus Security$43MSeries B+ · Feb 2024
AApex$16MSeries A · Jun 2023
DDeepgramSeries B+ · Nov 2022
CConstellr$10MSeed · Nov 2022
MMorpheus Space$28MSeries A · Sep 2022
PPixxel$25MSeries A · Mar 2022
AAutomata$50MSeries B+ · Feb 2022
LLabelbox$40MSeries B+ · Feb 2021
SSayari$2.5MSeries B+ · Jul 2020
OOcient$15MSeries A · Jun 2020
RRed Sift$8.8MSeries A · Sep 2019
DDomino Data Lab$3MSeries A · Aug 2015
SStarcloudbacker
SSciencebacker
LLocus Lockbacker
SSkild AIbacker
CCortical Labsbacker
LLyzrbacker
AArmadinbacker
AAtlas Data Storagebacker
TTranscelestialbacker
RRadiantbacker
SSedaibacker
GGetReal Securitybacker
RRed Balloon Securitybacker
JJuliaHubbacker
HHarmonic Securitybacker
WWatchtower Labsbacker
CCloudburstbacker
EEderabacker

Company	Round with IQT	Total raised	Latest raise
QQ-CTRL Developer tools and cloud	Nov 12, 2026 Series B+ · $290M	$389M	Nov 12, 2026 Series B+
NNorthwood Robotics and hardware	Nov 2, 2026 Series B+ · $375M	$505M	Nov 2, 2026 Series B+
MMueon AI infrastructure and compute	Oct 15, 2026 Series A · $65M	$80.5M	Oct 15, 2026 Series A
RReach Security Cybersecurity	Oct 13, 2026 Series B+ · $50M	$80M	Oct 13, 2026 Series B+
SSensible Biotechnologies Health and bio	Oct 6, 2026 Series A · $47M	$51.2M	Oct 6, 2026 Series A
TTERASi AI infrastructure and compute	Sep 22, 2026 Seed · $12.61M	$13.8M	Sep 22, 2026 Seed
OOdyssey Foundation models and research	Jun 17, 2026 Series B+ · $310M	$328M	Jun 17, 2026 Series B+
QQuantWare AI infrastructure and compute	May 5, 2026 Series B+ · $178M	$205.53M	May 5, 2026 Series B+
AAdvanced Navigation Robotics and hardware	Mar 20, 2026 Series B+ · $158M	$239M	Mar 20, 2026 Series B+
VVast Robotics and hardware	Mar 5, 2026 Series A · $500M	$500M	Mar 5, 2026 Series A
EEmerald AI AI infrastructure and compute	Feb 20, 2026 Seed · $25M	$199.5M	Aug 25, 2026 Series A
IInertia Climate and energy	Feb 11, 2026 Series A · $450M	$450M	Feb 11, 2026 Series A
SSakana AI Developer tools and cloud	Nov 17, 2025 Series B+ · $135M	$135M	Nov 17, 2025 Series B+
SSynchron Health and bio	Nov 6, 2025 Series B+ · $200M	$600M	Jun 29, 2026 Series B+
SSubstrate AI infrastructure and compute	Oct 28, 2025 Series A · $100M	$100M	Oct 28, 2025 Series A
DDropzone AI AI agents	Sep 4, 2025 Series B+ · $37M	$57.35M	Sep 4, 2025 Series B+
AAntheia Legal and compliance	Jun 3, 2025 Series B+ · $56M	$153M	Jan 27, 2026 Series B+
DDataHub Data and analytics	May 20, 2025 Series B+ · $35M	$35M	Oct 4, 2025 Series B+
IIONATE AI infrastructure and compute	Feb 5, 2025 Series A · $17M	$20.97M	Feb 5, 2025 Series A
QQuantum Brilliance AI infrastructure and compute	Jan 14, 2025 Series A · $20M	$59.7M	Jan 14, 2025 Series A
VVatn Systems Defense and security	Nov 12, 2024 Seed · $13M	$73M	Dec 10, 2025 Series A
QQuantum Circuits Robotics and hardware	Aug 16, 2024 Series B+ · $60M	$78M	Aug 16, 2024 Series B+
NNucleus Security Cybersecurity	Feb 12, 2024 Series B+ · $43M	$83M	Feb 11, 2026 Series B+
AApex Robotics and hardware	Jun 22, 2023 Series A · $16M	$311M	Apr 29, 2025 Series B+
DDeepgram Voice and audio AI	Nov 29, 2022 Series B+	$168.8M	Jan 13, 2026 Series B+
CConstellr Climate and energy	Nov 3, 2022 Seed · $10M	$74.22M	Feb 10, 2026 Series A
MMorpheus Space Robotics and hardware	Sep 14, 2022 Series A · $28M	$43M	Feb 5, 2026 Series A
PPixxel Robotics and hardware	Mar 29, 2022 Series A · $25M	$197.3M	Sep 7, 2026 Series B+
AAutomata Health and bio	Feb 22, 2022 Series B+ · $50M	$95M	Jan 29, 2026 Series B+
LLabelbox Developer tools and cloud	Feb 11, 2021 Series B+ · $40M · lead	$263.9M	Oct 15, 2026 Series B+
SSayari Fintech	Jul 7, 2020 Series B+ · $2.5M	$270.5M	Jan 16, 2024 Series B+
OOcient AI agents	Jun 11, 2020 Series A · $15M	$346.4M	Nov 5, 2026 Series B+
RRed Sift Cybersecurity	Sep 19, 2019 Series A · $8.8M	$62.8M	Feb 24, 2022 Series B+
DDomino Data Lab Health and bio	Aug 1, 2015 Series A · $3M	$223.5M	Oct 14, 2025 Series B+
SStarcloud AI infrastructure and compute	backer · source	$433.9M	Aug 21, 2026 Series A
SScience Health and bio	backer · source	$230M	Mar 5, 2026 Series B+
LLocus Lock Defense and security	backer	undisclosed	Sep 24, 2026 Seed
SSkild AI Robotics and hardware	backer	$2.33B	Jan 14, 2026 Series B+
CCortical Labs	backer	$10M	Oct 10, 2024 Seed
LLyzr AI agents	backer	undisclosed	Jul 9, 2026 round
AArmadin Legal and compliance	backer	$305M	Oct 2, 2026 Series B+
AAtlas Data Storage AI infrastructure and compute	backer	$161M	Mar 5, 2026 Seed
TTranscelestial Developer tools and cloud	backer	undisclosed	—
RRadiant Climate and energy	backer	$616.2M	Dec 17, 2025 Series B+
SSedai AI coding and devtools	backer	$20M	Jun 16, 2025 Series B+
GGetReal Security Voice and audio AI	backer	$17.5M	Mar 26, 2025 Series A
RRed Balloon Security Cybersecurity	backer	undisclosed	—
JJuliaHub Developer tools and cloud	backer	$65M	May 1, 2026 Series B+
HHarmonic Security AI agents	backer	$67.5M	Oct 14, 2026 Series B+
WWatchtower Labs Defense and security	backer	$35M	Oct 21, 2026 Seed
CCloudburst ZK and privacy	backer	$7M	Sep 23, 2025 Series A
EEdera Robotics and hardware	backer	$20M	Feb 25, 2025 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 38 rounds on Recent Funding that name IQT. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists IQT, which is a subset of its real portfolio. API: /api/v1/investors/iqt (get a free API key). More: the most active VC firms and new venture capital funds.