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British Quantinuum becomes Europe’s new Decacorn

British Quantinuum becomes Europe’s new Decacorn
British Quantinuum becomes Europe’s new Decacorn - Portugal Business News

Tech Funding News Europe - British Quantinuum just raised USD 600 million equity capital at a $10 billion pre-money valuation, becoming the UK’s new Decacorn in the Quantum sector.

 

The new investment round in British Unicorn Quantinuum include Quanta Computer Inc. 廣達電腦 and NVentures (NVIDIA's venture capital arm), with follow-on investments by JPMorganChase, Mitsui & Co Ltd, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell. The round also includes new investors QED Investors, Mesh Ventures, Korea Investment Partners, and others.

 

The new capital raised by British Quantinuum will make it possible to extend its technological and commercial leadership toward universal, fully fault-tolerant quantum computing.

 

 

About Quantinuum:


Science led and enterprise driven, Quantinuum unites Cambridge Quantum’s best-in-class software with Honeywell Quantum Solutions’ high-performing trapped-ion hardware.

 

The British Decacorn, that is valued at over USD 10 billion, is scaling quantum computing and developing applications today to solve the world’s most pressing challenges.

 

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