Mentioned:
Horizon Quantum Computing is preparing to make their Wall Street debut. And IonQ has just become their newest strategic investor.
What’s happening:
- IonQ (NYSE: IONQ) has led a new $110M USD equity financing round into dMY Squared (OTCQB: DMYY) as part of their business combination with Horizon Quantum Computing
Why it matters:
- Horizon Quantum Computing is aiming to become of one the first publicly traded companies focused on automatically turning classic computing programs into quantum workloads while being completely hardware agnostic
Going deeper:
- Multiple institutional investors also participated in the $110M USD funding round into dMY Squared as well as an undisclosed Fortune 50 technology company
- IonQ has been making a flurry of strategic equity investments lately, including in Swedish autonomous driving company Einride and hydrogen powered drone company Heven AeroTech
