Quantinuum, an integrated quantum computing company, has successfully closed a $300 million equity round at a $5 billion pre-money valuation. The funding round, from investors including Mitsui & Co., Amgen and Honeywell, brings Quantinuum’s total capital raised to approximately $625 million since its inception.
Companies including Airbus, BMW Group, Honeywell and HSBC use Quantinuum’s solutions to engineer and scale quantum capabilities to solve an array of global challenges, such as manufacturing hydrogen cell batteries for transportation and safely sequestering atmospheric carbon. The company is also developing quantum natural language processing to enable the next generation of AI to be scalable.
Helping fuel innovation in industries like materials discovery and cybersecurity, Quantinuum’s new funding will help accelerate the development of universal fault-tolerant quantum computers and expand its software offerings to better support commercial applications.
