Quanta Computer, NVentures (NVIDIA’s venture capital arm) and QED Investors have joined existing shareholders JPMorganChase, Mitsui, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell — all of whom have reinvested in this round. The round also includes participation from new investors MESH and Korea Investment Partners.

The money will go to support Quantinuum’s launch of its quantum computing system Helios later this year and further its aim of being first to perform universal fault-tolerant computing.

Quantinuum will work with NVIDIA at the NVIDIA Accelerated Quantum Research Centre and recently announced collaborations with RIKEN, SoftBank Corp., Infineon and STFC Hartree Centre