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PRNewsWire
10 days ago
Monarch Quantum Surpasses $100M in Capital and Contracts with $55M Growth Round to Scale Quantum Photonics Infrastructure
$55M oversubscribed growth round brings Monarch Quantum's total capital and contracts to over $115M within six months of founding Round led by Serendipity Capital with participation from 55 North and Global Innovation Labs Quantum Light Engines™ provide scalable photonics infrastructure for quantum computing, sensing, and networking SAN DIEGO, March 31, 2026 /PRNewswire/ -- Monarch Quantum, a developer of integrated photonics hardware for quantum technologies, today announced a $55 million oversubscribed growth round, led by Serendipity Capital, a leading deep tech investor, with participation from 55 North, the world's largest dedicated pure play quantum fund, and Global Innovation Labs. Founded in 2025, Monarch entered 2026 with more than $60 million in customer contracts from leading quantum companies including Quantinuum, Infleqtion (NYSE: INFQ) and NASA, bringing total capital and customer contracts to more than $115 million within six months of founding.