IonQ went public via $1.23bn merger with dMY Technology Group III.

IonQ, a quantum computing hardware and software company, went public via $1.23bn merger with dMY Technology Group III, a publicly traded special purpose acquisition company. The deal involves a $350m fully committed PIPE with participation from Fidelity Management & Research, Silver Lake, Breakthrough Energy Ventures, MSD Partners, Hyundai Motor Company and Kia Corporation. "This transaction advances IonQ’s mission, to solve critical problems that impact nearly every aspect of society. With our key strategic partners, such as Breakthrough Energy Ventures, Hyundai Motor Company and Kia Corporation, we look forward to leveraging the power of quantum computing in the fight against climate change and to solve vexing problems from materials design to logistics that impact the transportation industry," Peter Chapman, IonQ CEO and President.