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Wall Street's New Robot Fund, A Deal For Deep Sea Mining, And A Mega Round For A Canadian Quantum Computing Company

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May 12, 2026

There’s A New Investment Fund On Wall Street For Robotics

RoboStrategy (NASDAQ: BOT), one of the first ever publicly traded closed-end investment funds solely focused on robotics and embodied artificial intelligence companies, officially began trading on the Nasdaq. RoboStrategy currently only owns equity in private companies such as Apptronik, Dexmate, and Path Robotics and has not yet deployed any capital into publicly traded companies.

The Metals Company And Allseas Cut Deal For Deep Sea Mining

The Metals Company (NASDAQ: TMC) and offshore engineering giant Allseas entered into a agreement to develop and operate a commercial nodule collection system to operate in the Clarion Clipperton Zone of the Pacific Ocean. The Metals Company has publicly stated that they expect this to be the world’s first ever commercial nodule production system.

Canadian Quantum Computing Company Photonic Raises $200M Mega Round

Photonic, a Vancouver based quantum computing company, successfully raised $200 million In a new financing round valuing the company at approximately $2 billion. Photonic is developing a commercial scale quantum computer that enables quantum information to be shared between distant nodes and is led by legendary technology entrepreneur Don Mattrick who previously sold Distinctive Software to EA and then led both Xbox and Interactive Entertainment for Microsoft (NASDAQ: MSFT).

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