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

Synopsis

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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