Rigetti Computing has landed a big injection of fresh cash. And they’re going to use it to scale up their innovation in quantum computing.

‍What’s happening:‍

• Rigetti Computing (NASDAQ: RGTI) has successfully completed their $100M USD at-the-market equity financing
  

Why it matters:‍

• The new growth capital will go towards accelerating the development of Rigetti Computing’s full-stack quantum computing systems
  

By the numbers:‍

• Over 227 patents have been issued or are pending around Rigetti Computing’s technology for quantum engineering, fabrication and algorithms
  
• Since inception, Rigetti Computing has deployed 16 quantum systems
  

Going deeper:‍

• Rigetti Computing is one of the most advanced publicly traded companies building superconducting quantum circuits and has deployed their technology to multiple notable customers including NASA, DARPA and the Air Force Research Laboratory
  
• Rigetti Computing also previously launched a significant partnership with Amazon Web Services to enable customers to be bale to access Rigetti’s quantum processors through Amazon Braket, without needing to have their own self hosted quantum hardware

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