Summary
Oxford Quantum Circuits, a pioneering company in quantum computing, has successfully raised £260 million in a Series C funding round. This substantial investment is aimed at bolstering its ongoing efforts in developing and deploying superconducting quantum computers for enterprise and government clients.
Summary of transaction details:
- Value: £260,000,000 GBP
- Sector: Quantum Computing
- Advisor: N/A
- Key Entities: Oxford Quantum Circuits (Target), Bullhound Capital, British Business Bank, Fynveur, COFIDES, Alpha Edison, Fulcrum Asset Management, Pentland Ventures, Magdalen College Oxford, Adaptive Capital Partners, Firgun Ventures, 18 West, Oxford Capital, Oxford Science Enterprises, SBI, Chevron Technology Ventures, The University of Tokyo Edge Capital Partners Co., OTIF Ventures (Investors)
- Location: Reading (HQ)
Note: This significant Series C investment underscores the increasing strategic importance and commercial potential of quantum computing technology. It is set to enable Oxford Quantum Circuits to scale its operations, enhance its superconducting quantum computer technology, and bring advanced solutions to market, reflecting strong investor confidence in the future of quantum technology.
Lead Investor / Acquirer
Bullhound Capital
Advising Broker
Undisclosed Firm
Original Source
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