LIVE COVERS 2026-06-05 UPDATED 2026-06-05 07:09 UTC
QData.Quantum Intelligence Terminal
2025-04-30
funding · computing · SC

Rigetti closes $35M strategic equity investment from Quanta Computer

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SUMMARY

On 2025-04-30 Rigetti announced the close of the previously announced strategic equity investment by Quanta Computer, which purchased approximately $35 million of Rigetti common stock at about $11.59 per share. The investment is part of a February 2025 strategic collaboration under which each company committed to invest more than $100 million over five years to accelerate development and commercialization of superconducting quantum computing.

WHY IT MATTERS

Closing a $35M strategic equity tranche from a major Taiwanese ODM converts the February collaboration MoU into funded, committed capital and a manufacturing-capable partner for Rigetti's superconducting roadmap.

SECOND-ORDER

Quanta's manufacturing scale could help Rigetti industrialize superconducting QPU production, while the equity stake aligns a large contract manufacturer with Rigetti's supply chain.

TAGS
SOURCES 2 sources
Rigetti via GlobeNewswire
1BRigetti Investor Relations
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