IN BRIEF: Quantum Exponential explores private limited partnership

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Quantum Exponential Group PLC - London-based quantum technology investor - Notes recent press coverage and wishes to clarify it is exploring the possibility of establishing a private limited partnership investment fund which will target raising £100 million of capital for quantum technologies investments. Says this is further to the announcement made last week by UK Chancellor Jeremy Hunt in the spring budget about the UK government’s commitment to quantum computing, which on Friday last week, Quantum Exponential said it welcomed.

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