MilestoneIndustryConfirmed

Quantinuum raises $300 million in an equity funding round

Jan 16, 2024

Honeywell announces a $300 million equity investment in Quantinuum at a $5 billion pre-money valuation. JPMorgan Chase anchors the round, with Mitsui, Amgen and Honeywell also investing.

Why it matters

A major funding round backs the development of trapped-ion computers and quantum software; the investment itself does not demonstrate fault-tolerant computing.

Quantinuum · Honeywell

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Related

• Honeywell Quantum Solutions and Cambridge Quantum merge to form Quantinuum (Nov 30, 2021)
• Quantinuum raises about $600 million at a $10 billion valuation (Sep 4, 2025)