Honeywell weighs raising money for Quantinuum at $10B valuation, Bloomberg says

Honeywell (HON) and other backers of Quantinuum are considering raising money at a valuation of around $10B for the quantum computing company, people familiar with the matter told Bloomberg’s Liana Baker, Kiel Porter and Ryan Gould. Nvidia (NVDA) is among those that has been approached about potentially investing, the report notes. Talks have taken place with current Quantinuum investors, as well as potential new backers, over a fresh injection of capital, with the size of the fundraising expected to run into the hundreds of millions of dollars, the authors say.

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