A cutting-edge start-up founded by a quartet of British university scientists has been valued at $3.2bn (£2.3bn) in one of the largest bets yet on a breakthrough that it is claimed will revolutionise computing.
PsiQuantum, launched by professors at the University of Bristol and Imperial College London, has raised $450m from backers including BlackRock, Microsoft and Scotland’s Baillie Gifford.
Our reader here, who is also a British professor of quantum computing, is in the other lot. Who have not just been invested in at such a valuation.