Cambridge Quantum Computing (CQC) develops quantum computing software and applications, notably its enterprise platform EUMEN and the t|ket> quantum software development toolkit. The company launched enterprise-level products in 2020 targeting cybersecurity and quantum chemistry and reports a growing roster of Fortune Global 500 customers and partners across the USA, Europe and Asia. CQC completed a $45 million financing to accelerate commercialization and consolidate its leadership position in quantum software and applications. Investors in the round include Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments and Talipot Holdings. Management says the funding will enable advancement of its ambitious plans as hardware scales and enterprise customers recognize quantum impact. The company emphasizes a product-first focus and commercial momentum across cybersecurity, quantum chemistry and materials discovery.

Total raised

$45M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2020