-- QuantWare said Tuesday it raised $178 million in a series B funding round, with new investors including Intel (INTC) Capital, In-Q-Tel and ETF Partners.
The company said the round is the largest private funding raised by a dedicated quantum processor company and will support scaling its quantum processor technology and expanding manufacturing capacity.
Shares of Intel were up more than 13% in Tuesday trading.
Price: $108.66, Change: $+12.88, Percent Change: +13.45%