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Cerberus Capital Management led a $25m Series A funding round in Maybell Quantum.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Friendly

Domestic

quantum infrastructure

United States

Completed

Digital Services

Acquisition

Minority

Private

Private Equity

Single Bidder

Synopsis

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Cerberus Capital Management, a private equity firm, specializing in distressed investing, led a $25m Series A funding round in Maybell Quantum, a quantum infrastructure company, with participation from Lavrock Ventures, Mark IV Capital, In-Q-Tel, Decisive Point, Caruso Ventures, and Olive Capital. “Beyond expanding our manufacturing capabilities, establishing a new production facility, and continuing to invest in our MayQ Labs, this funding will help Maybell continue to invest in the types of game-changing innovations people have come to expect from us. Also, critically, we’re ensuring that our customer support services are unmatched, globally. This holistic approach ensures that every dollar invested contributes directly to our customers’ success, today and going forward,” Corban Tillemann-Dick, Maybell Quantum CEO.

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