ColdQuanta announced a $110 million Series B round of funding to continue commercializing the company's product portfolio, including quantum computing, quantum algorithms and applications, atomic clocks, sensors, and components.

Led by LCP Quantum, investors included In-Q-Tel, Sumitomo Corporation of Americas, Breakthrough Victoria, BOKA Group Holdings I LP, and more. There was strong participation from existing investors, including Foundry Group, Global Frontier Investments, and Maverick Ventures.