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Infleqtion Raises $100M to Scale Atom-Based Quantum Solutions for National Security and Next Generation Intelligent Systems

Infleqtion Raises $100M to Scale Atom-Based Quantum Solutions for National Security and Next Generation Intelligent Systems

June 3, 2025 Craig Etkin

Backed by Glynn Capital, Counterpoint Global (Morgan Stanley), S32, and SAIC, Infleqtion is defining the frontier of commercial quantum technology with deployable systems that meet today’s most demanding challenges.

BOULDER, Colo.–(BUSINESS WIRE)–Infleqtion, the only company actively commercializing atom-based quantum systems across computing, sensing, and precision timing, announced a $100 million Series C funding round backed by new, existing, and strategic investors, including Glynn Capital, Counterpoint Global (Morgan Stanley), S32, SAIC and others. Having generated almost $30 million in revenue last year and backed by a customer pipeline topping $200 million, Infleqtion will use this investment to scale its atom-based quantum platforms and accelerate deployment of field-ready quantum systems that address today’s most demanding real-world challenges.

“We are harnessing the power of quantum to solve the world’s most urgent and complex challenges,” said Matt Kinsella, CEO of Infleqtion. “This funding fuels our next phase of growth, allowing us to scale transformative technologies with strategic partners who share our vision and serve as go-to-market allies, helping to secure nations and power the next generation of intelligent systems.”

“Quantum technology is fast becoming essential to both economic competitiveness and national security and we believe it will fundamentally reshape the global landscape,” said Charlie Friedland, Partner at Glynn Capital. “Infleqtion stands out for its combination of scientific depth and commercial execution. Their atom-based systems are deployable, scalable, and poised to deliver the quantum solutions industries and governments need.”

Pioneering Quantum Computing and Sensing

Infleqtion’s technology is built on atoms, the most promising path to scalable quantum advantage, and is currently deployed in government and commercial programs around the world. Sqale, Infleqtion’s neutral atom-based quantum computer, is installed at the National Quantum Computing Centre (NQCC) in the United Kingdom and the company was selected by Japan’s Science and Technology Agency (JST) as the only foreign quantum computing partner in the Quantum Moonshot program.

The company recently demonstrated a materials science breakthrough powered by its Superstaq compiler and Nvidia’s CUDA-Q platform, marking a key milestone on its path toward scalable, fault-tolerant quantum computing. The company also unveiled Contextual Machine Learning (CML), a quantum-inspired AI system aimed at solving high-value defense and biotech applications.

Infleqtion leads the market in quantum-enabled positioning, navigation, and timing, bringing next generation capabilities critical for national security. Its atomic clocks deliver quantum advantage today, with more than 100x improvements in precision over legacy systems. These systems are already deployed with NASA and the U.S. Department of Defense, and have earned an $11M DoD APFIT contract award for mission-critical innovation.

Scaling with Strategic Partners

Infleqtion’s Series C round includes backing from strategic partners that understand the direct impact bringing quantum technology to real-world mission environments. Through a new go-to-market partnership with SAIC – a leading mission integrator that provides advanced technology solutions to solve and support the mission-critical needs across military, intelligence, and government agencies – Infleqtion is expanding the deployment of quantum sensing technologies, including atomic clocks, quantum RF communication, and inertial sensing, into defense and aerospace applications. Infleqtion has more than three dozen active government and commercial programs in deployment, with expansion planned across North America, the UK, and Australia.

“We are excited to partner with Infleqtion to accelerate the delivery of quantum sensing and computing across our full range of national defense and government customers,” said Lauren Knausenberger, CINO and Managing Director of Ventures at SAIC. “Infleqtion’s visionary advancements in atomic clocks, inertial navigation, and quantum communication directly align with our mission to integrate emerging technologies into active and critical operations to enhance resilience, precision, and ultimately keeping warfighters safe in the most demanding environments.”

Infleqtion’s momentum is backed by a powerful investment community including new supporters and long-standing partners who share deep confidence in our mission. Additional investors include Axial, Breakthrough Victoria, Caruso Ventures, Cyfr Capital, Golden Vision Capital, Global Frontier, In-Q-Tel (IQT), LCP, Maverick, National Security Strategic Investment Fund (NSSIF), Olive Ventures, Overmatch, S Ventures (SentinelOne), and the Wisconsin Alumni Research Foundation.

J.P. Morgan acted as a sole placement agent to Infleqtion.

About Infleqtion

Infleqtion is a world-leading quantum technology company advancing transformative, atom-based solutions that integrate quantum hardware and software to enhance precision and performance across national security, enterprise, and infrastructure markets. Specializing in atomic clocks, quantum RF, quantum computing, and quantum technologies that accelerate breakthroughs in AI, sensing, and secure communications, Infleqtion’s systems are already deployed in mission-critical environments around the world. With a track record of delivering real-world impact and deep alignment with strategic partners, Infleqtion is a trusted provider of quantum solutions for national security modernization, resilient infrastructure, and next-generation intelligent systems.

Contacts

Matt Stubbs
Voxus PR
mstubbs@voxuspr.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Boulder, Business Wire, Colorado, Infleqtion, Venture Capital

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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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According to state and local development sources, VA Houston Healthcare System plans to invest $31 Million to build out 66,612 square feet of new space in Beaumont. The company plans to occupy the new space at 3295 College in Beaumont, on or about February 1, 2027. The Beaumont VA Clinic which was authorized and funded through the PACT Act, or the Honoring our Promise to Address Comprehensive Toxics Act of 2022, will be located at 3295 College Street in Beaumont. The new clinic will be almost double the amount of space in the current Beaumont Outpatient clinic.  

In a statement Frank Vazquez, Houston VA Medical Center Director said, “We are excited to expand our services in Beaumont to provide our Veterans with a modern healthcare clinic that caters to their needs.” “The more services we can offer in our new VA Clinic, the less the Veterans will need to travel to Houston for specialty medical care.” “We are truly committed to ensuring our southeast Texas Veterans receive the top-quality healthcare they deserve as quickly and conveniently as possible.” “Our goal is to provide as much health care as possible to our Veterans here in Beaumont and our new clinic will allow us to expand and will be modern and updated.  We can’t wait to get it up and running.” 

Construction is set to begin in the coming months to renovate and build out the new clinic, with an anticipated opening date set for early 2027.  Earlier this year, Houston VA announced the beginning of a new shuttle service for Southeast Texas Veterans who need to get to the VA hospital in Houston for treatment.  The shuttle service offers Veterans a free ride to and from the Houston VA on weekdays. Veterans can catch the free shuttle each weekday morning at the Beaumont VA Outpatient Clinic.  

According to the company website VA Houston Healthcare System provides health care services to Veterans at 13 locations in southeast Texas. The VA Houston Healthcare System provides you with outstanding health care, trains Americas future health care providers, and conducts important medical research. At the VA Houston Healthcare System, were dedicated to improving the lives of Veterans and their families every day. The VA Houston Healthcare System is one of the leading health care systems serving Veterans in the South Central VA Health Care Network. Were an innovative care center within the Veterans Integrated Service Network 16 (VISN 16), which includes medical centers and clinics in Mississippi, Louisiana, Arkansas, Oklahoma, southeast Texas, and northwest Florida.
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