Quantum firm Quantinuum, based in the UK and majority-owned by Honeywell, has raised $600 million at a $10 billion valuation. The round added investors including Nvidia’s NVentures and Quanta Computer, joining JPMorgan, Mitsui, Amgen, and Honeywell.
The company will channel funds into Helios, launching this year, while intensifying efforts to achieve fault-tolerant quantum computing. Quantinuum positions itself as a comprehensive provider with industry-best performance.
Collaborations extend to Nvidia, Riken, SoftBank, and Infineon, with projects spanning Qatar, Singapore, Germany, and the U.S.. The Qatar venture is tied to a $1B national investment in quantum infrastructure.
