Insider Brief
Universal Quantum reportedly has received approaches from U.S. SPACs and investors as interest in quantum computing companies accelerates amid rising government funding and market enthusiasm.
According to The Telegraph, the startup has discussed raising up to $100 million to advance technology that links multiple quantum chips together into larger systems.
The company has reportedly resisted New York listing overtures so far as management seeks to keep the business independent and headquartered in the UK.
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