Nvidia's venture capital arm invests in Honeywell's quantum computing company Quantinuum
According to sources familiar with the matter, Nvidia Corp.'s venture capital arm has made its first investment in Quantinuum, valuing the quantum computing company controlled by Honeywell International Inc. at $10 billion.
The sources said Nvidia is the latest well-known institution to join Quantinuum's list of investors, with this investment coming from a $600 million funding round—which may be announced as early as Thursday. As the matter is not yet public, these individuals requested anonymity.
Nvidia CEO Jensen Huang adjusted his outlook on the quantum computing sector this year. In June, he stated that quantum computing technology is reaching an inflection point and will become a practical computing technology sooner than previously expected.
Currently, Nvidia has launched related software to help its chips work in tandem with quantum devices—a strategy aimed at seizing technological breakthroughs and preventing its dominance in computing and data centers from being disrupted. Huang said that in the coming years, quantum computing power will be sufficient to help solve "some globally significant problems," and noted that Nvidia's full quantum algorithm stack will run on its Grace Blackwell 200 chips, enabling performance acceleration.
Quantinuum is already a partner of Nvidia's "Accelerated Quantum Research Center" (located in Boston, aimed at advancing quantum computing technology).
Sources pointed out that Honeywell, which holds about 54% of Quantinuum's equity, will also participate in this funding round. Other participants include QED Investors, JPMorgan, Mitsui & Co., Ltd., and Amgen. It is not yet clear what proportion Nvidia's venture capital arm will take in the $600 million round—this venture arm is part of Nvidia's broad investment layout in the field of artificial intelligence.
They added that new institutions joining Quantinuum's investor lineup also include venture capital firm Mesh, Korea Investment Partners, and others (Quantinuum is headquartered in Broomfield, Colorado, USA).
Quantinuum is developing quantum computing platforms applicable to multiple fields, including chemistry, machine learning, cybersecurity, finance, and pharmaceutical research and development.
A spokesperson for JPMorgan declined to comment; representatives for Nvidia, Honeywell, Quantinuum, and other investors either did not respond to requests for comment or declined to comment.
Last week, Quantinuum disclosed in a filing that 35 unnamed investors had participated in a funding round, confirming previous reports by Bloomberg.
Quantinuum is led by CEO Rajib Hazra. The company's high-performance quantum computers are capable of solving complex tasks that are difficult for traditional computers to handle. The core reason quantum computers process information faster than traditional computers is their ability to perform "parallel computing," rather than the "serial computing" of conventional machines.
Quantinuum was established in 2021 through the merger of Cambridge Quantum and Honeywell Quantum Solutions. According to a statement at the time, in January 2024, Quantinuum completed a $300 million funding round (led by JPMorgan), with a pre-money valuation of $5 billion. The company currently has more than 500 employees, with operations in the United States, United Kingdom, Germany, and Japan.
In February 2025, Honeywell announced plans to split into three independent publicly listed companies, each focusing on aerospace, automation, and advanced materials. Honeywell Chairman and CEO Vimal Kapur stated during the July earnings call that Quantinuum's planned fundraising will inject capital into the company and prepare it for a subsequent spin-off and public listing (possibly in 2027).
Editor: Guo Mingyu
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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