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Investcorp completed the acquisition of a minority stake in Terra Quantum.

Synopsis

Investcorp completed the acquisition of a minority stake in Terra Quantum, a quantum technology company, a provider and manager of alternative investment products. Financial terms were not disclosed. “This is an important step for Terra Quantum, as we not only demonstrate 'Private Equity'-readiness, but also signal that same readiness to the broader quantum technology market. Many companies are currently struggling to find investors, but we are dedicated to drive the quantum ecosystem," Markus Pflitsch, Terra Quantum CEO and Founder.

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