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Latham Advises Maybell Quantum in US$25 Million Series A Funding
March 6, 2024
An emerging companies and growth team advises the quantum infrastructure company in the financing.
Maybell Quantum (Maybell), the quantum infrastructure company, has announced the close of a US$25 million funding round led by an affiliate of Cerberus Capital Management, L.P. (Cerberus), a global leader in alternative investing. This investment marks the start of a pivotal chapter in Maybell’s development. With Cerberus’s financial backing and operational support, Maybell intends to scale manufacturing and open a new production facility in 2024.
Latham & Watkins LLP represents Maybell Quantum in the transaction with an emerging companies and growth team led by Boston partner Spencer Ricks, with associates Naomi Smith, Gen Crescenzo, and Michael Bevilacqua.