Lucosky Brookman Represents Titan Partners Group in $500 Million Quantum Computing Inc. Private Placement
Quantum Computing Inc. (Nasdaq: QUBT), an integrated photonics and quantum optics technology company, has entered into securities purchase agreements with institutional investors in an oversubscribed private placement that will result in gross proceeds of approximately $500 million.
The transaction marks one of the largest financings in the quantum technology sector to date and reflects strong institutional conviction in QCi’s commercialization strategy and market potential. The offering attracted significant support from several large existing shareholders alongside a first-time investment from a preeminent global alternative asset manager.
Net proceeds will be used to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, strengthen manufacturing capabilities, and for general corporate purposes. With this financing, QCi has raised approximately $900 million in gross capital since November 2024.
Lucosky Brookman LLP served as legal counsel to Titan Partners Group, a division of American Capital Partners, which acted as the sole placement agent for the offering.
This $500 million private placement highlights the rapid growth of institutional interest in quantum technologies and underscores QCi’s position as a leader in photonics-based quantum machines and foundry services.