2 years ago

Oxford Quantum Circuits Secures £869K in Funding to Expand into Asia Pacific

  • Oxford Quantum Circuits, a UK-based quantum technology company, has raised £869K in second funding from Quantum Exponential Group and HiJoJo Partners

  • The company plans to use the funds for research and development and to expand into Asia Pacific, focusing on Japan

  • Oxford Quantum Circuits is building quantum computers to address challenges such as climate change and new drug discoveries

  • They have also launched the UK's first Quantum Computing as-a-Service (QCaaS), making quantum computing accessible to businesses.

      • ProblemTechnology

      "Solving some of humanity's most significant challenges, from climate change to new drug discoveries"

      Solution

      "Building quantum computers to enable customers to run complex calculations and simulations that classical computers can't handle"

      Covered on