Sabancı Holding, in collaboration with Google, has invested in Quera, a leading quantum computing company based in the U.S., aligning with its vision to enhance digital innovations and disruptive technologies.

Target Company Overview

Sabancı Holding, in collaboration with Google, has announced an investment in Quera, a leading quantum computing company based in the United States. This strategic move aligns with Sabancı's vision to become a developer of disruptive technologies and marks its commitment to advancing digital landscapes. Quera stands out within the quantum computing sector, praised for its groundbreaking capabilities and innovative approaches to complex computational problems.

Founded by renowned academics from Harvard and MIT, Quera operates the largest public quantum computer globally. The company has recently captured significant attention, successfully securing $230 million in funding led by tech giant Google, along with notable new investors, including SoftBank Vision Fund 2 and Valor Equity Partners in its latest funding round.

Industry Overview in the U.S.

The quantum computing industry in the United States is at the forefront of technological innovation, with vast potential to transform sectors such as finance, logistics, and pha