# Infleqtion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/infleqtion

- Industry: Electronics
- Headquarters: Louisville, US
- Website: www.infleqtion.com
- Total disclosed funding: $229M
- Latest round: Series C (Dec 27, 2024)
- Investors on record: 22

## About

ColdQuanta, Inc. DBA Infleqtion is a US-based company specializing in advanced quantum technologies, focusing on precision sensing, secure communications, and quantum computing solutions tailored for diverse industries.Infleqtion operates in the quantum technology sector, providing innovative solutions since its founding in 2007 in Louisville, US. The company has made 14 deals, culminating in a SERIES C funding round where they raised USD 49.30 mn on December 27, 2024, with participation from prominent investors including Morgan Stanley and Glynn Capital. The executive team includes CEOs Jimson Raymond, Mustafe Esse, and Scott Faris.Infleqtion specializes in advanced quantum technologies, focusing on precision sensing, secure communications, and quantum computing. Their core product offerings include quantum sensing solutions that enhance navigation, communication, and security through unparalleled accuracy, alongside quantum computing platforms utilizing dual-species atom arrays for efficient operations. The company targets a range of sectors, including defense networks and organizations in GPS-denied environments, with solutions marketed primarily in North America and Europe.Infleqtion generates revenue through direct business-to-business transactions and strategic partnerships that include tailored service agreements. Their offerings are designed for scalability, with certain flagship products poised to significantly contribute to revenue streams. Pricing plans reflect the premium nature of quantum technology, catering to clients in defense and research sectors.The recent SERIES C funding of USD 49.30 mn will enable Infleqtion to accelerate the introduction of field-ready quantum technologies that tackle pressing challenges and expand its atom-based quantum platforms. The company is focused on launching new products and strategies aimed at penetrating additional markets, particularly in North America and Europe, by targeting sectors with rising demand for quantum solutions. In March 2025, Infleqtion received USD 6.2 million in grant funding from U.S. Department of Energy. The company will use the funding to integrate quantum algorithms into energy grid optimization workflows, enhancing solution accuracy and reducing operational costs through collaboration with industry and research partners.

## Funding rounds

- Series C, Dec 27, 2024, $49M — Morgan Stanley Investment Management, Wisconsin Alumni Research Foundation, Glynn Capital, In-Q-Tel, Maverick Capital, Section 32, SAIC Venture Capital, Global Frontier Investments, Golden Vision Capital, Caruso Ventures, Cyfr Capital, S Ventures, Axial VC, Breakthrough Victoria, LCP Quantum, Olive Ventures Holdings LLC, National Security Strategic Investment Fund, Overmatch
- Series B, Jun 6, 2022, $131M — Sumitomo Corporation of Americas, Foundry Group, In-Q-Tel, Maverick Capital, Global Frontier Investments, Breakthrough Victoria, LCP Quantum, BOKA Group Holdings
- Series A, Nov 5, 2020, $32M — Foundry Group, Maverick Capital, Global Frontier Investments, Lennox Capital Partners
- Seed, Nov 22, 2019, $10M — Maverick Capital, Global Frontier Investments
- Seed, Aug 13, 2018, $6.8M — Maverick Capital, Global Frontier Investments

## Investors

- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Seed, Series A, Series B, Series C
- Global Frontier Investments — Seed, Series A, Series B, Series C
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- Lennox Capital Partners — Series A
- Sumitomo Corporation of Americas — Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B, Series C
- Breakthrough Victoria — Series B, Series C
- LCP Quantum — Series B, Series C
- BOKA Group Holdings — Series B
- Morgan Stanley Investment Management — Series C
- Wisconsin Alumni Research Foundation — Series C
- Glynn Capital (https://capitalatlas.ai/funds/glynn-capital) — Series C
- Section 32 (https://capitalatlas.ai/funds/section-32) — Series C
- SAIC Venture Capital (https://capitalatlas.ai/funds/saic-venture-capital) — Series C
- Golden Vision Capital — Series C
- Caruso Ventures (https://capitalatlas.ai/funds/caruso-ventures) — Series C
- Cyfr Capital (https://capitalatlas.ai/funds/cyfr-capital) — Series C
- S Ventures — Series C
- Axial VC (https://capitalatlas.ai/funds/axial-vc) — Series C
- Olive Ventures Holdings LLC — Series C
- National Security Strategic Investment Fund — Series C
- Overmatch (https://capitalatlas.ai/funds/overmatch) — Series C