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HRL Laboratories funding, valuation and investors
US industrial R&D laboratory acquired by IBM in August 2026.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Not publicly disclosed
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · Malibu, California, US
Overview
HRL Laboratories, formerly owned by Boeing and General Motors, develops quantum computing, sensing, advanced electronics, materials and industrial research technologies. IBM agreed to acquire it on July 23, 2026 and completed the transaction August 26, 2026. The acquisition price was not disclosed. HRL is an industrial research institution, not a separately reported venture-backed quantum startup.
Why HRL Laboratories is interesting
Its silicon-spin qubit engineering gives IBM an additional quantum hardware technology alongside superconducting processors.
Key facts
- Acquired by IBM on August 26, 2026; transaction value undisclosed
- Previously jointly owned by Boeing and General Motors
- Expertise in silicon-spin qubits, quantum sensing and materials
Industries
Market / IPO context
Editorial / static context — not a live quote.
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