Infleqtion Utilizes Glynn Capital’s Funding for Quantum Computing Advancements

Deal News | Jan 27, 2025 | Glynn Capital Management LLC

Infleqtion Utilizes Glynn Capital’s Funding for Quantum Computing Advancements

Infleqtion, a company based in Boulder, Colorado, specializes in commercializing atom-based products with significant improvements in sensing and computing applications. Glynn Capital Management LLC led a Series C financing round for Infleqtion, including participation from Maverick, Global Frontier, and In-Q-Tel. Infleqtion aims to develop a fully functional quantum computer based on a neutral-atom approach, with potential breakthroughs anticipated in the next decade. The company's Tiqker product line, which features atomic clocks, addresses the demand for precise timing in data-center infrastructure, a market driven by capital expenditures in AI both domestically and internationally. Infleqtion's quantum-based products offer distinct advantages over silicon-based alternatives in speed, efficiency, and compactness, and the company continues to push forward in sensing and computing applications.

Sectors

  • Quantum Computing
  • Venture Capital
  • Information Technology

Geography

  • United States – Infleqtion is headquartered in Boulder, Colorado, and Glynn Capital Management LLC is a US-based investment firm actively supporting domestic technological innovation.

Industry

  • Quantum Computing – Infleqtion focuses on developing quantum computing technologies, particularly using a neutral-atom approach, offering significant advancements over traditional computing methods.
  • Venture Capital – Glynn Capital and other investors played a crucial role in funding Infleqtion's Series C round, highlighting the involvement of venture capital in fostering tech advancements.
  • Information Technology – Infleqtion's innovations in computing and sensing provide significant improvements in data infrastructure, a core area of the information technology sector.

Financials

  • Series C – Glynn Capital led Infleqtion's Series C financing round to support advancements in quantum computing.

Participants

NameRoleTypeDescription
InfleqtionTarget CompanyCompanyA company specializing in atom-based products for sensing and computing, pursuing quantum computing advancements.
Glynn Capital Management LLCLead InvestorPE FirmA private equity firm that led the Series C funding round for Infleqtion.
MaverickInvestorCompanyAn insider investor in Infleqtion's Series C funding round.
Global FrontierInvestorCompanyGovernment-associated venture capital firm that invests in high-potential technology companies, including through Infleqtion's Series C round.