Governments, organisations and members of the financial ecosystem are all focusing on harnessing quantum technology to strengthen information and data security. One company operating in this field is Switzerland-based Terra Quantum.
The company that provides Quantum-as-a-Service in the areas of algorithms, computing and security, announced on Thursday that it has onboarded Investcorp as a new investor. The investment amount remains undisclosed.
Founded in 1982, Investcorp is a global investment manager that specialises in alternative investments in private equity, real estate, credit, absolute return methods, GP stakes, infrastructure, and asset management for insurance companies. The firm has $50B in AUM.
Gilbert Kamieniecky, Head of Global Tech at Investcorp, says, “Terra Quantum is highly relevant to many of our current and future high-growth portfolio companies, and we have seen full alignment on our core values: having integrity and being performance-driven, collaborative, entrepreneurial and global.”