Oxford Quantum Circuits Raises £38 Million Series A To Accelerate R&D And Expand Into Apac
Amount Raised
£38 Million
Round Type
Series A
Description
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.
Quick answer
Oxford Quantum Circuits raised £38 Million in a Series A round, dated July 5, 2022.
- How much did Oxford Quantum Circuits raise?
- Oxford Quantum Circuits raised £38 Million in a Series A round on July 5, 2022.
- What does Oxford Quantum Circuits do?
- OQC is a UK-based quantum computing-as-a-service (QCaaS) company with technology that has the potential to revolutionize the energy sector and contribute to the industry's ongoing transformation.
- Who are the decision-makers at Oxford Quantum Circuits?
- Fundz holds 1 contact at Oxford Quantum Circuits. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Oxford Quantum Circuits that raised within 45 days of this round, from Fundz verified event records.
- Sabanto raised $17M (Series A) on August 18, 2022.
- FranklinWH raised an undisclosed amount (Funding Round) on August 9, 2022.
- Beacon Power Services raised $2.7M (Seed) on August 5, 2022.
- ENERGY FOCUS, INC/DE raised $3.5M (Seed) on June 17, 2022.
- TransAlta raised an undisclosed amount (Series C) on June 16, 2022.
- Lydian raised $2M on May 24, 2022.
Who to call at Oxford Quantum Circuits, and when
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- An alert the day Oxford Quantum Circuits raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Oxford Quantum Circuits, from your own LinkedIn network
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Funding Insights
What this usually meansOxford Quantum Circuits raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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