On January 16, 2024, Honeywell Quantum Solutions closed the transaction. The company amended the terms of the transaction. The company has received $300,000,000 total gross proceeds in the transaction.

The company has received $248,000,005 in its second and final tranche equity round of funding led by new investor JPMorgan Chase & Co. The transaction included participation from new investors Honeywell International Inc., Mitsui & Co., Ltd. and Amgen Inc. The company has received the round at a pre-money valuation of $5,000,000,000. The company has raised $625,000,000 in funding till the date.