JP Morgan Chase led a $300m Series A financing round in Quantinuum.

JP Morgan Chase, a financial services firm, led a $300m Series A financing round in Quantinuum, a quantum computing company formed by the merger of Cambridge Quantum and Honeywell Quantum Solutions, with participation from Mitsui & Co., Amgen and Honeywell. “The confidence in our business demonstrated through this investment by our longstanding strategic partners and industry leaders is a clear indication of the value we will continue to create with the world’s highest performing quantum computers, groundbreaking middleware to accelerate the developer ecosystem and innovative application software to revolutionize fields like cryptography, computational chemistry, and AI,” Rajeeb Hazra, Quantinuum CEO.