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Maybell Quantum raised $25 million in a Series A funding led by Cerberus Capital to scale manufacturing and open a new production facility in 2024.

Mar 04, 2024•over 1 year ago

Amount Raised

$25 Million

Round Type

series a

DenverHardwareManufacturing

Investors

Cerberus Capital Management, L.P.

Description

Maybell Quantum closed a $25 million Series A funding round led by an affiliate of Cerberus Capital Management, L.P. The funds will be used to scale manufacturing and open a new production facility in 2024, with the aim of laying the foundation for the quantum century and democratizing and accelerating progress in quantum innovation.

Company Information

Company

Maybell Quantum Industries

Location

Denver, Colorado, United States

About

Maybell Quantum is a global leader in quantum infrastructure performance and innovation, specializing in cryogenic platforms and quantum research spaces.

Company News

(2 articles)
Mon, 06 Mar 2023 08:00:00 GMT

Introducing Maybell's Big Fridge, the New Platform for Scaled Quantum - PR Newswire

Mon, 14 Mar 2022 07:00:00 GMT

Colorado's Maybell Quantum Exits Stealth; Breakthrough Quantum Hardware to be Made in USA - PR Newswire

FundzWatch™ Score

86
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech