Uk-Based University Spinout Phasecraft Raises £13M To Fuel Quantum Algorithm Development For Real World
Amount Raised
£13 Million
Round Type
Funding Round
BristolInformation TechnologySoftwareGamingVideo Gamesinformation technology & servicesInvestors
Description
In a recent development, Phasecraft has raised a £13 million Series A funding round led by Silicon Valley deeptech VC, Playground Global (NVision, Farmwise, and Owl Labs). AlbionVC also joined the round along with participation from existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund. With this round, the total investment raised by Phasecraft accounts for £17.25 and a further £3.75 million in grant funding from the likes of Innovate UK and the European Research Council. The grant funding will be used to continue building the team of world-leading quantum scientists, researchers and engineers and to further establish Phasecraft as the world leader in quantum algorithms.
Quick answer
Phasecraft raised £13 Million in a Funding Round round, dated August 16, 2023. Investors: European Research Council, Albion VC, Episode1, Parkwalk Advisors, Lcif, UCL Technology Fund, Innovate UK and Silicon Valley Deeptech Vc. Phasecraft is based in Bristol, England, United Kingdom.
- How much did Phasecraft raise?
- Phasecraft raised £13 Million in a Funding Round round on August 16, 2023.
- Who invested in Phasecraft?
- European Research Council, Albion VC, Episode1, Parkwalk Advisors, Lcif, UCL Technology Fund, Innovate UK and Silicon Valley Deeptech Vc are named as investors in this round.
- What does Phasecraft do?
- Phasecraft is the quantum algorithms company.
- Where is Phasecraft based and how big is it?
- Phasecraft is based in Bristol, England, United Kingdom. Fundz records about 38 employees.
- Who are the decision-makers at Phasecraft?
- Fundz holds 1 contact at Phasecraft. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Gaming and Video Games around the same time
Companies in the same sectors as Phasecraft that raised within 45 days of this round, from Fundz verified event records.
- Inworld AI raised an undisclosed amount on August 2, 2023.
- Transfr raised $40M (Funding Round) on September 29, 2023.
- Transfr raised $40M (Funding Round) on September 28, 2023.
- AlphaSense raised $150M (Series E) on September 28, 2023.
- Zakazane raised $1M (Seed) on September 28, 2023.
- TeachMe.To raised $2M (Seed) on September 25, 2023.
Who to call at Phasecraft, and when
A new round usually means Phasecraft is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Phasecraft raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Phasecraft, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Phasecraft. With Fundz connected, it knows.
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Fundz sees it the moment Phasecraft raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Phasecraft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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