ColdQuanta raises $20M in bridge financing to larger round
BOULDER — ColdQuanta Inc. said it raised $20 million from existing investors amid ongoing plans to build a far larger Series B round.
The Boulder company said in a statement that the funds came from Boulder-based Foundry Group, along with Global Frontier Quantum Opportunity Fund, LCP Quantum Partners and Maverick Ventures. All four of those funds previously invested in ColdQuanta’s $32 million Series A round last November.
The funding is earmarked for the company’s ongoing efforts to take its products to market, but it is still engaging with investment bank PJ Solomon for its formal Series B round. That round is expected…
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