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Quantinuum, the Honeywell-backed quantum computing company, has increased the size of its initial public offering to as much as $1.46 billion after demand from investors far exceeded the original allocation. The company is now offering 26.5 million shares at $53 to $55 each, up from a previous range of approximately 21 million shares at $45 to $50. […]
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The quantum computing industry has spent the last three years measured almost entirely in qubits. Willow’s 105. Nighthawk’s 120. The 540-qubit superconducting platform that integrated nearly 700 control lines into a single cryostat last year. The qubit count is the headline number, and for good reason. But inside the labs trying to push superconducting systems past […]
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QTREX is betting on the layer beneath quantum computing Read More »
Quantinuum, the quantum-computing company majority-owned by Honeywell, is targeting a valuation of $12.7bn in its US IPO, according to a Reuters report on Tuesday, a level materially below the $20bn-plus figure that circulated earlier in May when the company filed its S-1. The new figure puts the IPO at roughly 27% above the $10bn pre-money valuation […]
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Honeywell’s Quantinuum settles on $12.7bn IPO target after $20bn whisper Read More »
The Paris-based cat-qubit company adds NVentures to a cap table already backed by FFC, AVP and Bpifrance, and deepens its CUDA-Q tie-up with Nvidia. Alice & Bob, the Paris- and Boston-based quantum hardware company building fault-tolerant machines on its proprietary cat-qubit architecture, has added NVentures, Nvidia’s venture arm, to its cap table in an extension […]
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NVIDIA’s NVentures adds Alice & Bob to its quantum portfolio Read More »
Nine CHIPS Act letters of intent, $1bn for IBM, and a government cap table that now includes most of the publicly traded quantum names. The US Department of Commerce has signed nine letters of intent to provide $2.013bn in CHIPS Act funding to quantum computing companies, in exchange for federal equity stakes in each recipient. […]
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IBM lands $1bn as US backs nine quantum companies for $2bn Read More »
The race to protect sensitive data from future quantum computers just gained fresh momentum. QIZ Security, a cryptographic posture management startup, has announced a collaboration with Google Cloud designed to help enterprises accelerate their migration to quantum-resistant cryptography, a shift that regulators and technologists increasingly regard as urgent. The partnership combines QIZ’s platform, which […]
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Quantinuum filed for a US initial public offering on Thursday that could value the company at more than 20 billion dollars. In the year ended 31 December 2025, Quantinuum reported revenue of 30.9 million dollars and a net loss of 192.6 million dollars. The company is asking public market investors to pay a premium […]
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After selling Silo AI to AMD for $665m, the Helsinki entrepreneur is doing it again. Qutwo’s angel round prices a quantum-classical orchestration layer with no quantum hardware shipping yet, and customers already paying tens of millions for it. There is a particular kind of European startup story that is not supposed to happen at this […]
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Peter Sarlin’s Qutwo hits $380m valuation in an angel round Read More »
Quantum computing has, for most of its commercial existence, been a category in which European labs do exceptional research and US and Asian companies do most of the venture funding. On Tuesday, the German trapped-ion quantum-computing scale-up eleQtron announced that it has closed a €57m Series A round, one of the largest of its kind […]
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eleQtron closes €57m Series A, one of Europe’s largest quantum-computing rounds Read More »
The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […]
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Zapata Quantum raises $15 million after emerging from bankruptcy Read More »