Honeywell's quantum computing firm valued at $5 billion after latest fundraise


A general view of the hardware chamber of a Quantinuum high-performance quantum computer, Broomfield, U.S. in this handout picture from 2019. Picture taken 2019. Quantinuum/Handout via REUTERS/File Photo

(Reuters) - Honeywell International said on Tuesday its quantum computing company, Quantinuum, was valued at $5 billion after a $300 million equity funding round, anchored by JPMorgan Chase.

Mitsui & Co and Amgen also participated in the latest round, which took the total capital raised by Quantinuum since inception to about $625 million.

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