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Infleqtion Wins Funding To Develop And Manufacture The Uk's First Optical Atomic Clock

PUBLIC · INFQJun 26, 2023

Round Type

Funding Round

LouisvilleManufacturingSoftware

Investors

Innovate UK

Description

Infleqtion, the world's quantum information company, today announced that it has been awarded funding from Innovate UK to expand its manufacturing capabilities for quantum-enabled systems. The funding will support the development of a new type of optical atomic clock that far exceeds the accuracy and reliability of current Global Navigation Satellite Systems (GNSS)-based systems.

Quick answer

Infleqtion raised an undisclosed amount in a Funding Round round, dated June 26, 2023. Investors: Innovate UK. Infleqtion is based in Louisville, Colorado, United States.

How much did Infleqtion raise?
Infleqtion raised an undisclosed amount in a Funding Round round on June 26, 2023.
Who invested in Infleqtion?
Innovate UK is named as investors in this round.
What does Infleqtion do?
Infleqtion delivers high-value quantum information precisely where it is needed.
Where is Infleqtion based and how big is it?
Infleqtion is based in Louisville, Colorado, United States.
Who are the decision-makers at Infleqtion?
Fundz holds 4 contacts at Infleqtion, including the Senior Quantum Software Engineer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Software around the same time

Companies in the same sectors as Infleqtion that raised within 45 days of this round, from Fundz verified event records.

  • Tractian raised $45M (Series B) on August 7, 2023.
  • LightForce Orthodontics raised $80M (Series D) on August 2, 2023.
  • itopia raised $2.1M (Seed) on July 25, 2023.
  • RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
  • DEFSEC Technologies raised $5.6M on July 21, 2023.
  • Metafold raised $1.8M (Seed) on July 18, 2023.

Who to call at Infleqtion, and when

A new round usually means Infleqtion is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Infleqtion

Location

Louisville, Colorado, United States

About

Infleqtion delivers high-value quantum information precisely where it is needed. By operating at the Edge, our software-configured, quantum-enabled products deliver unmatched levels of precision and power, generating streams of high-value information for commercial organizations, the United States, and allied governments. With 16 years of ColdQuanta's pioneering quantum research as our foundation, our hardware products and AI-powered solutions address critical market needs in PNT, global communication security and efficiency, resilient energy distribution, and accelerated quantum computing. Headquartered in Austin, TX, with offices in Boulder, CO; Chicago, IL; Madison, WI; Melbourne, AU; and Oxford, UK. Learn how Infleqtion is revolutionizing how we communicate, navigate, and discover at www.Infleqtion.com. Infleqtion UK is a wholly-owned subsidiary of the flagship commercial brand Infleqtion. Infleqtion UK has a fully equipped quantum research laboratory and established production facilities in Oxford for its UK-developed Photonically Integrated Cold Atom Source (PICAS) product. The company conducts advanced research and development in inertial sensing and advanced timing for navigation within GNSS-denied environments, radiofrequency sensors for communications and defense applications, memory modules for secure quantum networks, and quantum information platforms for computation and simulation. SOURCE Infleqtion

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Related People

4 contacts
Verified contactsVictory O., Senior Quantum Software Engineer hidden hidden hiddenSee plans and pricing
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Infleqtion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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