Breakthrough Victoria’s patient investor methodology is beginning to bear fruit, with its first publicly traded portfolio company making a successful New York Stock Exchange debut and delivering significant unrealised gains for the fund.
The Victorian government’s venture capital fund has seen its initial $29 million investment in quantum company Infleqtion grow fivefold after the firm’s listing on Tuesday (Wednesday AEDT).
The US-based tech company’s shares settled at US$15.55 at the …
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