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Wellfunded

Quantum Computing

Multiverse Computing Targets $570M to Shrink LLMs

Jul 27, 2026

Multiverse Computing Targets $570M to Shrink LLMs

Spanish quantum-AI scaleup Multiverse Computing is raising up to $570M in a new round co-led by Forgepoint Capital, BNPP SIVF, and Bullhound Capital. The raise values the company at $1.7B — a five-fold jump from its Series B — and backs its bet that LLM compression is the key to cheaper, edge-deployable AI.

Enterprise AI

Quantum Computing

Funding

Two Billion-Dollar Deals Headline a Big Funding Week

Jul 11, 2026

Two Billion-Dollar Deals Headline a Big Funding Week

AI infrastructure and cybersecurity led venture activity this week, with SambaNova and Keyfactor each landing $1 billion rounds. Quantum computing, clean energy, and crypto infrastructure also attracted significant capital, rounding out a packed week for startup funding.

Venture Capital

AI

Cybersecurity

Oratomic Raises $300M for a 20,000-Qubit Computer

Jul 10, 2026

Oratomic Raises $300M for a 20,000-Qubit Computer

Quantum startup Oratomic has closed a $300 million funding round to develop a fault-tolerant quantum computer with a dramatically lower qubit requirement than conventional approaches. The round was co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures. The company's architecture claims to achieve viable quantum computation at just 20,000 qubits — a fraction of what most competing designs demand.

Quantum Computing

Funding

Oratomic

Quantum Systems Hits $8B; IQM Lists on US Exchange

Jul 3, 2026

Quantum Systems Hits $8B; IQM Lists on US Exchange

Quantum Systems closed a massive $1.2B raise at an $8B valuation, while IQM made history as the first European quantum computing company to list on a major US exchange. Europe's broader startup ecosystem logged over 55 funding deals worth more than €1.6B in a single week.

Quantum Computing

European Startups

Venture Capital

Q2 2026 Sees Most Billion-Dollar Exits Since 2021 Peak

Jun 29, 2026

Q2 2026 Sees Most Billion-Dollar Exits Since 2021 Peak

Crunchbase data shows Q2 2026 delivered the highest count of billion-dollar-plus startup exits since the 2021 boom — led by SpaceX's record-shattering IPO and a wave of landmark acquisitions and public offerings across AI, quantum computing, and beyond.

IPO

Startup Exits

SpaceX