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

Financials

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Transaction Value£235m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

Private

Cross Border

Venture Capital

Private Equity

United Kingdom

computer software

Software

Single Bidder

Completed

Minority

Synopsis

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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.

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