Honeywell’s Quantinuum settles on $12.7bn IPO target after $20bn whisper
Honeywell’s Quantinuum settles on $12.7bn IPO target after $20bn whisper

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 c…

NVIDIA’s NVentures adds Alice & Bob to its quantum portfolio
NVIDIA’s NVentures adds Alice & Bob to its quantum portfolio

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 …

IBM lands $1bn as US backs nine quantum companies for $2bn
IBM lands $1bn as US backs nine quantum companies for $2bn

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 …

QIZ Security teams up with Google Cloud to help enterprises brace for the quantum cryptography threat
QIZ Security teams up with Google Cloud to help enterprises brace for the quantum cryptography threat

  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 migra…

Quantinuum filed for an IPO worth 20 billion dollars. It has 31 million in revenue and a quantum computer that does not exist yet.
Quantinuum filed for an IPO worth 20 billion dollars. It has 31 million in revenue and a quantum computer that does not exist yet.

  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 dollar…

Peter Sarlin’s Qutwo hits $380m valuation in an angel round
Peter Sarlin’s Qutwo hits $380m valuation in an angel round

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 i…

eleQtron closes €57m Series A, one of Europe’s largest quantum-computing rounds
eleQtron closes €57m Series A, one of Europe’s largest quantum-computing rounds

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 eleQtro…

Zapata Quantum raises $15 million after emerging from bankruptcy
Zapata Quantum raises $15 million after emerging from bankruptcy

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. Zap…

OrangeQS raises €15M and brings hardware makers into the solution
OrangeQS raises €15M and brings hardware makers into the solution

The Dutch startup, the only company offering a dedicated commercial solution for quantum chip testing, raised a €3M extension to its June 2025 seed round from the European Innovation Council Fund. The accompanying MAX Partnership Programme gives quantu…

Quantum computing pioneer Chad Rigetti is back
Quantum computing pioneer Chad Rigetti is back

Sygaldry Technologies has raised $105M in a Series A led by Breakthrough Energy Ventures, following a $34M seed from Initialized Capital. Its quantum-classical hybrid servers target the $5.2T in AI infrastructure investment projected through 2030. Syga…