Female-led Oxford Quantum Circuits grabs £38M; UK’s largest ever Series A in quantum computing — TFN

Oxford Quantum Circuits, a UK-based quantum computing company, has raised £38 million in its ongoing Series A round, making it the largest Series A in the UK's quantum computing sector. The round was led by Lansdowne Partners and The University of Tokyo Edge Capital Partners (UTEC), with participation from British Patient Capital and existing investors Oxford Science Enterprises and Oxford Investment Consultants. The funding will be used to scale quantum systems and expand into Asia-Pacific, including Japan, a hotspot for financial services. The company recently launched its latest system, Lucy, on Amazon Braket, becoming the first European quantum company on AWS. CEO Ilana Wisby highlights the investment as a testament to the company's progress and its ambition to lead the global quantum industry.

Oxford Quantum Circuits Secures £38 Million for Global Expansion

Oxford Quantum Circuits is a Reading-based quantum computing company that provides quantum computing as-a-service, with a focus on scaling quantum systems and international expansion, particularly in the Asia-Pacific region.

A quantum computing company that provides quantum computing as-a-service.

3 years ago

Oxford Quantum Circuits Secures £38 Million for Global Expansion

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