Maybell Quantum, a quantum infrastructure company, has secured $25M in Series A funding led by Cerberus Ventures. The funding will enable Maybell to scale manufacturing and open a new production facility in 2024. Maybell, founded in 2021, provides quantum infrastructure products such as their cryogenic platforms, the Fridge and the Big Fridge. In 2023, they launched MayQ Labs, quantum research spaces in Denver and Copenhagen, to democratize and accelerate quantum innovation.
Chris Darby, Global Head of Venture Investments at Cerberus, will join Maybell’s Board of Directors. Darby emphasizes that breakthrough technologies and the infrastructure that enables them are integral to national security. The investment is seen as a commitment to a future secured by quantum capabilities.
Investors in this round also include Lavrock Ventures, Caruso Ventures, Mark IV Capital, Decisive Point, In-Q-Tel, and Olive Capital. Maybell Quantum is committed to technological excellence, customer centricity, and strategic collaborations to support and advance the quantum industry.
March 4, 2024
