Universal Quantum

Universal Quantum, a UK company building large-scale quantum computing systems, has raised over £75 million ($100 million) in a record Series A funding round co-led by DCVC and Firgun Ventures.

Summary of transaction details:

• Value: £75m+
• Sector: DeepTech & AI
• Advisor: Not disclosed
• Key Entities: Universal Quantum, DCVC, Firgun Ventures
• Location: United Kingdom

Note: This funding will accelerate Universal Quantum's global expansion, particularly in Singapore, the US, and Japan, while supporting the commercialisation of its modular trapped-ion technology designed to scale quantum computers without relying on costly lasers.