Rigetti went public via a SPAC merger with Supernova Partners Acquisition Company II in a $1.5bn deal.

Rigetti, a quantum computing, went public via a SPAC merger with Supernova Partners Acquisition Company II, a special purpose acquisition company, in a $1.5bn deal. The PIPE transaction was subscribed to by top investors including T. Rowe Price Associates, Bessemer Venture Partners, Franklin Templeton, In-Q-Tel, Keysight Technologies, Palantir Technologies and Ampere Computing. “Today marks a key milestone for Rigetti and the quantum computing industry as a whole. We believe this transaction will help us to accelerate our momentum and make strides toward our goal of narrow Quantum Advantage. We are grateful for the unwavering support of our investors, customers, and teammates throughout this process and look forward to keeping everyone up-to-date on our progress in the years ahead," Chad Rigetti, Rigetti Founder and CEO.