Quantum Motion

Quantum Motion, a London-based quantum computing firm, has successfully secured £117 million in a Series C funding round to further develop its silicon transistor-based quantum computers.

Summary of transaction details:

• Value: £117 million
• Sector: DeepTech & AI (Quantum Computing)
• Advisor: None mentioned
• Key Entities: Quantum Motion (Target), DCVC, Kembara (Co-leads), British Business Bank, Firgun, Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Holding SE, Parkwalk Advisors (Investors)
• Location: London, UK (Target company's base)

Note: This funding round highlights the substantial investment flowing into deep tech to develop scalable, energy-efficient quantum computing solutions, positioning Quantum Motion at the forefront of this critical technological advancement and making it the UK's best-funded quantum computing company.