.svg){kind=spacer}
Details
- Quantinuum, Honeywell's quantum computing spinout, has raised $600 million in equity funding, doubling its valuation to $10 billion since January 2024.
- The round brought in new investors including NVIDIA's venture arm NVentures, Quanta Computer, and QED Investors, with significant reinvestment from existing shareholders such as JPMorgan Chase, Mitsui, Amgen, and Honeywell.
- This capital will fuel the 2025 launch of Quantinuum's Helios quantum computing system and support its ambitions toward universal fault-tolerant quantum computing.
- Founded in 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum Computing, Quantinuum employs more than 630 people, including over 370 scientists and engineers, and provides full-stack quantum solutions.
- The company has deepened its global presence with partnerships including a founding role in NVIDIA's Accelerated Quantum Research Center, new ventures in Qatar and Singapore, and collaborations with RIKEN, SoftBank, and Infineon.
Impact
This major investment cements Quantinuum as one of the world’s most valuable quantum computing companies, surpassing the market valuations of public players like IonQ. The involvement of NVIDIA underscores a broader trend toward cross-industry collaboration to accelerate both quantum and AI innovation. The rapid increase in valuation and strategic partnerships highlight intensifying momentum—and competition—on the path to practical fault-tolerant quantum computing.
