Insider Brief:
- Sabancı Ventures has invested in QuEra Computing as part of QuEra’s $230 million funding round, aligning with Sabancı Holding’s strategy to engage with future disruptive technologies and digital transformation.
- QuEra will use the funding to accelerate fault-tolerant quantum computing development, expand its team, scale production, and strengthen collaborations with global enterprises, research institutions, and government programs.
- Sabancı Holding continues diversifying into high-tech industries, reinforcing its commitment to deep tech and next-generation computing through strategic investments in quantum technologies.
PRESS RELEASE — In a recent release, Sabancı Holding, through its corporate venture capital fund Sabancı Ventures, announced it had invested in QuEra Computing Inc., a leading U.S.-based quantum computing company, as part of QuEra’s recently announced $230 million funding round. The investment aligns with Sabancı Holding’s strategy to engage with future disruptive technologies, further strengthening its digital transformation and innovation roadmap.
QuEra, which operates the world’s largest publicly accessible neutral-atom quantum computer, secured the funding from Google, SoftBank Vision Fund 2, Valor Equity Partners, and other global investors including Sabancı Holding. The financing is intended to support fault-tolerant quantum computing development, expand talent, and scale production to meet growing demand.
Sabancı Holding’s Group President of Strategy and Business Development, Gökhan Eyigün, highlighted the significance of this investment: “One of our key strategies is to invest in the companies of the future and support our ‘new economy’-focused growth strategy. Through Sabancı Ventures, we make minority investments in companies that have reached a certain stage within our strategic focus areas. Our goal is to contribute to the growth of these startups while also ensuring our existing companies gain access to future disruptive technologies. Our investment in QuEra is a strong reflection of this vision.”
Eyigün emphasized that Sabancı will continue seeking investment opportunities that align with its long-term vision of adapting to the evolving global economy and leading in digital transformation.
QuEra’s funding round, originally announced earlier this month, attracted a broad range of strategic and financial investors. The company has been working towards developing fault-tolerant quantum computing technology in collaboration with Harvard and MIT researchers. With the latest investment, QuEra intends to:
- Accelerate the development of scalable, fault-tolerant quantum computers.
- Expand its team of scientists and engineers.
- Scale production capacity to meet the increasing demand for neutral-atom quantum computing.
- Broaden engagement with global enterprises, research organizations, and government programs.
With this new investment, Sabancı Holding continues to diversify into high-tech industries, particularly in digital technologies, material sciences, and energy innovation. By investing in the growing quantum sector, Sabancı Ventures strengthens its commitment to deep tech, ensuring long-term engagement with next-generation computing.
