Honeywell has announced an approximately $600 million equity capital raise for Quantinuum, developer of what the companies say is “the world’s highest-performing quantum computer”, at a pre-money equity valuation of $10 billion.
Quanta Computer, NVentures (Nvidia’s venture capital arm) and QED Investors have joined existing shareholders JPMorganChase, Mitsui, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell – all of whom have reinvested in this round. The round also includes participation from new investors MESH and Korea Investment Partners.
This capital raise will support Quantinuum’s advancement of quantum computing at scale, which includes continued progress toward the upcoming launch of Helios, the company’s next generation quantum computing system that is expected to launch this year. [Read more…] about Honeywell raises $600 million for ‘developer of the world’s highest-performing quantum computer’
