Rajeeb Hazra’s Post

As quantum computing becomes a boardroom priority + a dominates national industrial strategies, this valuation underscores that we are building for the quantum century – plaudits to the visionary scientists, engineers and investors

Sometimes we need to take a step back and take a moment to understand the journey thus far - whilst acknowledging the enormous contribution of the many many many people who have helped build our company, Quantinuum. From a personal point of view, my quote that was carried in The Quantum Insider is the most appropriate thing I can say right now, in addition of course to my gratitude and thanks to so many people that I cant possibly list them. My comment below: "Our entire focus is consumed by a singular mission – building the world’s leading quantum computing company in the long run,” said Khan, who, behind Honeywell, is one of Quantinuum’s largest shareholders at approximately 20 percent. “The team that drives this passion – from our scientists, technicians and engineers, through to teams that ensure best practices in finance, HR, marketing and others are distributed now in North America, Europe and Asia. We are a fully integrated technology enterprise and the confidence that has been exhibited by our investors is simply a prompt for us to work even harder as we soon start the next stage of the journey to turn the corner from quantum processors that are exciting but still largely experimental to computers that scale and run the applications we have designed and painstakingly created. We are genuine leaders in every area in which we operate and those areas are the ones that count for our customers. I’m excited to unveil advances in the coming weeks and months that will further be the essential accelerant that our sector needs. It’s not for nothing that we are seen as the essential drivers and enablers of the world’s quantum ecosystem. Coincidentally I founded Cambridge Quantum almost 10 years ago in July 2014 and the merger with Honeywell Quantum Solutions – who also started around the same time – has been an incredibly powerful catalyst in creating the worlds leading quantum computing company.”

Exciting news from Quantinuum! Congratulations to CEO Rajeeb Hazra and the entire Quantinuum team on closing their $300M equity fundraise. Quantinuum has developed the highest performing quantum computer ever built, the System Model H2, a huge step towards fault-tolerant quantum computing. Their Model H2 is commercially viable today with proven use cases in machine learning, cybersecurity, and computational chemistry. We are looking forward to hosting Quantinuum at the Summit to share their insights on the applications, challenges, and the transformative impact quantum computing could have on the tech world. #montysummit #quantumcomputing #technology #AI #machinelearning #cybersecurity

Congratulations to the following quantum or quantum-related companies for securing funding in October 2023: 👉 Quoherent, a company that is developing a portable quantum computer processor that relies on topological insulators, has raised about $2.4 million in funding in a recent seed round. The information was released through a Security and Exchange Commission Form D, which indicated that the seed round total offering amount was $4,699,999. 👉 Aliro Quantum has raised ~$10 million in a Series A funding round. The company specializes in providing software that can emulate, pilot, and deploy entanglement-based quantum networks. The round was led by Accenture Ventures with participation from Flybridge Leaders Fund, with Cisco Investments joining the round as well. The funding will allow Aliro Quantum to boost its ability to help utility companies, telecommunications providers, public sector organizations, and other critical infrastructure providers to build and deploy secure quantum networks. ✅ Quantum or quantum-related companies raised at least $12 million in venture capital during the month of October. November is already proving to be a much bigger month. 💻 All data sourced from our intelligence platform. Sign up now at: https://lnkd.in/edAasKi2

SBI Investment, Japan’s premier venture capital fund, is leading OQC’s USD 100m Series B raise. New investors in the round have been confirmed in addition to existing investors, Oxford Science Enterprises (OSE), UTEC - The University of Tokyo Edge Capital Partners, Lansdowne Partners, and OTIF, acted by manager Oxford Investment Consultants (OIC). With OQC Toshiko, an upgradeable 32-qubit platform, OQC has brought quantum computing to commercial data centres, thereby enabling secure and easy access for customers. This world-first platform is especially important for customers handling sensitive data, in sectors such as #financialservices, pharmaceuticals, energy, defence and government. 👉 Subscribe to our weekly LinkedIn newsletter, the "Japan FinTech Observer", here: https://lnkd.in/gNjUuSxG https://lnkd.in/gk_jgKfs

Are you an #investor in #quantumtechnology or #deeptech businesses? Or a quantum technology business seeking (or perhaps you have achieved) investment? Then I want to hear from you! Anchored In Ltd. has been appointed by Department for Science, Innovation and Technology to undertake an evaluation of investments into #UK quantum technology businesses with a view to developing new initiatives that would drive investment into this pioneering industry. As people working in the quantum technology/deep tech space, I am reaching out to find out your views on investing in UK quantum businesses - what is attractive and what the barriers are - to better understand how investors engage with the quantum industry now and what might encourage them to invest in such enterprises in future. We are due to present our findings in Q1 2024. So.... If you are an investor working in this space, and are happy to share your views then please DM me. If you know others who fit the description, I would be grateful if you could share my post with them and within your communities. Thanks and I look forward to speaking with you! #quantum #investment #funding

Quantum technology requires material investment. 📊 🌎 With over 1200 investors tracked on the Quantum Insider platform, these VCs, CVCs and government funds, provide crucial support and funding for startups and companies pioneering advancements in technology. Our team have explored a deep dive on this topic. Read here: https://lnkd.in/eW9CUZQ3 Navigating this dynamic landscape is paramount for understanding the pulse of quantum investment trends, strategic partnerships, and emerging technologies driving the future of quantum innovation. Dive into the Quantum Insider platform for in-depth insights, portfolio mapping and more. 👇🏻 #Quantum #QuantumLandscape #innovation #mapping #ecosystem #marketmap #investor

📈 Not holding #NVIDIA in our global portfolios has certainly cost us relative to the global index in the last 12 months, so it's great to see the Waverton Investment Management's Global Equity Fund, managed by Tommy Faber, CFA and Team, in this list of the 17 top-quartile funds without stock in their top 10 holdings 💡 https://lnkd.in/e6R9XhuK

#Colorado-based #Quantinuum secures an $300m equity funding for Quantinuum, the world’s leading integrated quantum #computing company, at a pre-money valuation of $5 billion. The round is #anchored by Quantinuum’s strategic partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen and Honeywell, which remains the company’s #majority shareholder. This #investment brings the total capital raised by Quantinuum since inception to approximately $625 million. This capital raise represents Quantinuum’s first equity funding round since Cambridge Quantum Computing and #Honeywell Quantum Solutions merged in November 2021. The funds will be used to accelerate the path towards achieving the world’s first universal fault-tolerant #quantum computers, while also extending Quantinuum’s software offering to enhance #commercial applicability. Quantinuum, the world’s largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives #breakthroughs in #materials discovery, cybersecurity, and next-gen quantum AI. Quantinuum Adamczyk Darius Rajeeb Hazra Lori Beer To share your startup story write us on - contact@startuprise.co.uk #quantinuum #funding #startup

Life cycle investing: Nvidia’s 310% surge driven by ‘reverse ageing’..... Not all fast-growing companies are at an early stage of their corporate life, as Nvidia's fourfold return in the past year shows. Mature companies which revert to their high-growth stage can be the most profitable investments. https://lnkd.in/et4pZyJn