Quantum Computing Inc. (NASDAQ: QUBT), an innovative integrated photonics and quantum optics technology company, has successfully closed a $100 million private placement. The offering, which demonstrates strong investor confidence in the quantum computing and photonics sectors, consisted of 8,163,266 shares of common stock priced at $12.25 per share.

The placement represents a significant premium to the company’s recent offerings, bringing their total capital raised since November to $190 million. This substantial financing underscores growing investor interest in QCi’s development of photonics, thin-film lithium niobate (TFLN), and quantum technologies.