10:37 AM EDT, 05/05/2026 (MT Newswires) -- QuantWare said Tuesday it raised $178 million in a series B funding round, with new investors including Intel (INTC) Capital, In-Q-Tel and ETF Partners.

The company said the round is the largest private funding raised by a dedicated quantum processor company and will support scaling its quantum processor technology and expanding manufacturing capacity.

Shares of Intel were up more than 13% in Tuesday trading.

Price: 108.66, Change: +12.88, Percent Change: +13.45

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