business

Honeywell-Backed Quantinuum Raises $1.68 Billion in Upsized IPO

Bloomberg Markets · Jun 4, 2026, 12:08 AM · Also reported by 4 other sources

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.

Read full story on Bloomberg Markets → More top stories

Also covered by

Investing.com Honeywell-backed Quantinuum raises $1.68 bln in upsized U.S. IPO Investing.com Honeywell’s Quantinuum raises $1.68 billion in US IPO as quantum computing heats up MarketWatch Quantinuum raises $1.68 billion in IPO that seeks to give quantum computing more street cred Investing.com Suno raises $400 million at $5.4 billion valuation

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Honeywell-Backed Quantinuum Raises $1.68 Billion in Upsized IPO

Also covered by

More in business