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Oxford Quantum Circuits Raises £38 Million Series A To Accelerate R&D And Expand Into Apac

Oxford Quantum Circuits Raises £38 Million Series A To Accelerate R&D And Expand Into Apac

07/05/22, 5:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svglondon
Money raised
£38 million
Round Type
series a
Oxford Quantum Circuits (OQC), Europe’s leading quantum computing company, today announced raising £38 million (US $46.45 million) in the first close of an on-going Series A. The investment is the UK’s largest ever Series A in quantum computing and will accelerate research and development and fuel expansion in Asia-Pacific. The round was co-led by Lansdowne Partners, one of Europe’s leading investment firms, and The University of Tokyo Edge Capital Partners (UTEC), Japan’s largest deeptech VC fund. British Patient Capital and existing investors Oxford Science Enterprises (OSE) and Oxford Investment Consultants (OIC) also participated.

Company Info

Company
Oxford Quantum Circuits
Location
london, ontario, canada
Additional Info
The company does this by transforming world-leading science into world-changing businesses, partnering the best scientists from the world’s best university with the best business brains.