The quantum computing company recently announced a big technological achievement. In a press release, Rigetti said its 36-qubit system had achieved a 99.5% median 2-qubit gate fidelity. Since the close of trading last week,

Following the raise, Rigetti now holds around $575 million in liquid assets and carries no outstanding debt. The infusion is expected to accelerate development and scale-up efforts, as well as support potential future collaborations or acquisitions.