“…Cubic spinels with the chemical formula are unarguably one of the largest compound families, comprising a plethora of transition metal ( M ) oxides and chalcogenides. [ 1–3 ] Lacunar spinels, being a populous subclass of spinels, have been attracting increasing attention because they offer a fertile ground for intriguing correlated and quantum states, such as a topological superconductor state, [ 4 ] spin‐orbit entangled molecular = 3/2 states, [ 5,6 ] Néel‐type skyrmions with polar dressing, [ 7 ] molecular cluster orbital‐driven ferroelectricity [ 7–12 ] and antiferroelectricity, [ 13 ] multiple multiferroic phases, [ 7,9,14,15 ] and magnetic states confined to polar domain walls. [ 14 ] Pressure‐induced superconductivity, [ 16 ] avalanche‐like breakdown of the Mott gap, leading to a resistive switching, [ 17 ] and colossal negative magnetoresistance [ 18,19 ] further witness the complexity of these compounds.…”