Honeywell Announces $600 Million Capital Raise For Quantinuum at $10 Billion Pre-Money Equity Valuation to Advance Quantum Computing at Scale
Insider Brief In a historic fund-raising announcement during a historic week in the quantum industry, Honeywell confirmed in a news release that Quantinuum has raised $600 million in equity capital in a Series B, giving the quantum computing company a pre-money valuation of $10 billion, which may be the highest so far of a privately […]
Riverlane to Deploy Quantum Error Correction at Oak Ridge National Laboratory
Insider Brief PRESS RELEASE — Riverlane, the global leader in quantum error correction, today announced that it will deploy its QEC technology, Deltaflow 2, at the Department of Energy’s Oak Ridge National Laboratory (ORNL). The installation, scheduled to complete by the end of September 2025, represents a major step in integrating quantum error correction with high-performance computing (HPC), accelerating […]
Quantumz.io Unveils VeloxQ Algorithm That Outperforms Quantum Annealers on Standard Computers
Insider Brief PRESS RELEASE — Despite receiving limited grant funding, a small team of physicists, mathematicians, and computer scientists from Poland’s most prestigious universities, after two years of focused research, has developed an algorithm that can serve as a foundation for a quantum co-processor. It’s currently better than the best current quantum annealing processor in […]
Defiance’s Quantum Computing ETF Surpasses $2 Billion AUM
Insider Brief PRESS RELEASE — Defiance ETFs, a pioneer in thematic investing, announced that its QTUM – Defiance Quantum Computing ETF – has surpassed $2 billion in assets under management (AUM). This milestone highlights the growing investor interest in quantum computing and related technologies. QTUM also holds a 5-star Overall Morningstar Rating™ (as of June 30, 2025), […]
Endless Game Levels With Quantum Algorithms: VTT’s Quantum Computer Used in Multiplayer Online Game
Insider Brief PRESS RELEASE — At the Gamescom 2025 event in Cologne, a quantum technology company MOTH released its new game Space Moths. MOTH developed the multiplayer online game in collaboration with Onward Studios, IBM Quantum, IQM Quantum Computers and VTT. The design and implementation of the game utilised VTT’s superconducting 50-qubit quantum computer. Space […]
Viva Zapata — Zapata Quantum Reemerges After Bankruptcy Filing With Restructuring and New Financing
Insider Brief Zapata Computing Holdings Inc., which ceased operations in 2024 after defaulting on financial obligations, has reemerged under the name Zapata Quantum, Inc. and announced progress on a restructuring plan designed to stabilize its balance sheet and preserve its intellectual property portfolio. In October 2024, Zapata filed an 8-K with the Securities and Exchange […]
IQM Quantum Computers Raises Over $300 Million in Series B Funding Round Led by U.S. Investor Ten Eleven Ventures With Strong Support From Tesi
Insider Brief PRESS RELEASE — IQM Quantum Computers, a global leader in full-stack superconducting quantum computers, today announced that it has raised $320 Million (€275 Million) in venture capital, bringing the total funding raised to date to $600 Million. This Series B funding round was led by cybersecurity-focused investment firm Ten Eleven Ventures, IQM’s first […]
Quantum Encryption Advance Could Lower Data Transmission Costs
Insider Brief PRESS RELEASE — A new approach using innovative encryption protocols applied to quantum dots to send encrypted information securely that doesn’t require perfect optical hardware, has been developed by researchers at Hebrew University of Jerusalem. For four decades, the holy grail of quantum key distribution (QKD) — the science of creating unbreakable encryption using […]
QuantrolOx And C-DAC Announce LoI to Explore Co-Development of Quantum Computing Technologies
Insider Brief PRESS RELEASE — Centre for Development of Advanced Computing (C-DAC), India’s premier R&D organization of the Ministry of Electronics and Information Technology, today announced that it has signed a Letter of Intent (LoI) with the Quantrolox (QuantrolOx Finland Oy, Keilaranta 10, 02150 Espoo, Finland), is the world-leading provider of software for automated tuning […]
Maybell Quantum Secures $40 Million Series B Led by Addition to Accelerate Next-Generation Quantum Infrastructure to Market
Insider Brief PRESS RELEASE — Maybell Quantum, The Quantum Infrastructure Company, today announced a $40 million Series B financing round led by Addition. The investment will accelerate Maybell’s commercialization of next-generation cryogenic and RF systems—critical infrastructure for enabling the quantum future. “We’re at an inflection point where quantum systems are moving from proofs-of-concept and research […]