Amount$50M
SeriesSeries B
AnnouncedSep 6, 2020
Time since last round458 mo
SectorQuantum Computing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution72th pct
smaller Series B roundslarger
vs. Quantum Computing (99)
Round size in sector84th pct
$43Kthis round: $50M$70M
