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New Deal


Announced

Completed

Lennox Capital Partners led a $110m Series B round in ColdQuanta.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Private Equity

Electronic Components and Equipment

Friendly

Minority

Single Bidder

Private

United States

Completed

Venture Capital

quantum computing

Synopsis

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Lennox Capital Partners, a Dallas-based investment firm, led a $110m Series B round in ColdQuanta, a global quantum technology company, with participation from In-Q-Tel, Sumitomo, Breakthrough Victoria, BOKA Group, Foundry Group, Global Frontier Investments and Maverick Ventures. "The quantum ecosystem is experiencing a global wave of innovation, having our market leadership recognized by investors around the world validates our unique approach. Customers are already adopting ColdQuanta for quantum RF sensors, quantum atomic clocks, and quantum software. These are critical building blocks of the quantum industry that will drive a significant impact on society today while we work towards the massive gains quantum computing will bring in the future," Scott Faris, ColdQuanta CEO.

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