Rigetti Computing's SPAC Deal Marks Pegasus Tech Ventures' 18th IPO

Pegasus Tech Ventures was an early investor in Rigetti Computing, a Berkeley-based startup whose mission is to build the world’s most powerful computers to help solve humanity’s most important problems. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform.

Today the company and Supernova Partners (a SPAC) announced the completion of their business combination. For the inquiring minds that want to know, Rigetti’s stock will now trade on NASDAQ.

So far, Pegasus has achieved a total of 64 successful exits and 18 IPOs, after making 224 investments over the years. For the uninitiated, Pegasus Tech Ventures pioneered the “Capital-as-a-Service” investment strategy.