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Goodman Derrick's corporate team advise Talipot ESG Investments on their equity investment into Cambridge Quantum Computing

Goodman Derrick’s corporate team have advised Talipot ESG Investments on their equity investment into Cambridge Quantum Computing. The total fundraise in this round was US$45 million.

Established in 2014, Cambridge Quantum Computing (CQC) is a world leading independent quantum computing software company, with operations in US, Europe & Japan.

CQC combines expertise in quantum software, specifically a quantum development platform (tket⟩™), enterprise applications in the area of quantum chemistry (EUMEN), quantum machine learning (QML), and quantum augmented cybersecurity (IronBridge™).

The financing will further accelerate commercialisation and consolidate CQC’s leadership position in quantum computing software and applications.

Related Parties; Honeywell Ventures; IBM Ventures; JSR Corporation Serendipity Capital; and Alvarium Investments.

CQC CEO Ilyas Khan commented:

“This funding further enables us to advance our ambitious plans. Having support from investors with an absolute alignment of interest is crucial to long-term success.”

Edward Hoare, Senior Partner, Goodman Derrick LLP, commented:

“The financing provides CQC with a platform for further growth and we were delighted to work on this deal for an international investor supporting an ambitious UK  technology company.”

For further information

Edward Hoare, Senior Partner, +44 (0)20 7421 7974, ehoare@gdlaw.co.uk

Richard Pull, Senior Associate, +44 (0)20 7421 7982, rpull@gdlaw.co.uk

James Caulfield, Head of Business Development, +44 (0)20 7421 7968, jcaulfield@gdlaw.co.uk

Goodman Derrick LLP

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