OQC raised $100M in a Series B funding led by SBI Investment and joined by Chevron Technology Ventures to enhance quantum computing in the energy sector.
Amount Raised
$100 Million
Round Type
Series B
Investors
Description
OQC announced a $100-million Series B funding round with Chevron Technology Ventures joining to enhance quantum computing applications in the energy sector. The investment will enable OQC to drive innovation and efficiency in exploration and renewables, as well as pioneer enterprise-ready quantum solutions for the energy industry.
Quick answer
Oxford Quantum Circuits raised $100 Million in a Series B round, dated March 5, 2024. Investors: Chevron Technology Ventures and SBI Investment.
- How much did Oxford Quantum Circuits raise?
- Oxford Quantum Circuits raised $100 Million in a Series B round on March 5, 2024.
- Who invested in Oxford Quantum Circuits?
- Chevron Technology Ventures and SBI Investment are named as investors in this round.
- 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.
- Momentick raised $6.5M (Seed) on April 19, 2024.
- Found Energy raised $12M (Seed) on April 18, 2024.
- ReNew Sun Bright Private Limited raised $3.2M (Seed) on April 11, 2024.
- Reformed Energy raised an undisclosed amount (Seed) on March 12, 2024.
- Atlas Energy Solutions raised $175M on March 5, 2024.
- Celadyne raised $4.5M (Seed) on February 15, 2024.
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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