Oxford Quantum Circuits (OQC)

Oxford Quantum Circuits (OQC), a pioneering quantum computing company, has successfully closed an oversubscribed Series C funding round, raising £260 million. This landmark transaction represents Europe's largest ever private funding round for a quantum computing company, designed to fuel OQC's international expansion and technological development.

Summary of transaction details:

• Value: £260,000,000
• Sector: DeepTech & AI (Quantum Computing)
• Advisor: None mentioned
• Key Entities: Target: Oxford Quantum Circuits (OQC); Lead Investor: Bullhound Capital; Other Investors: British Business Bank, Fynveur (advised by Invus), 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.
• Location: OQC operates globally with systems in the UK, US, Japan, and Spain, and plans for further international expansion.

Note: This funding round highlights a critical shift in the quantum computing market, moving from long-term promise to near-term delivery. The capital will enable OQC to scale its global presence and accelerate its roadmap towards commercially viable, fault-tolerant quantum computing, addressing growing demand from enterprise and government customers.