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OQC Raises £260 Million in Europe’s Largest-Ever Private Quantum Computing Funding Round
OQC, developing enterprise-ready quantum solutions, led by Gerald Mullally, Dr Peter Leek, and the team, has closed an oversubscribed £260 million ($350m) Series C funding round, Europe’s largest-ever private funding round for a quantum computing company. Bullhound Capital led the round, which included investment from the British Business Bank, Fynveur (advised by Invus), COFIDES, RCM Private Markets Fund managed by Rokos Capital Management (US) LP, Alpha Edison, Fulcrum Asse
Karan Bhatia
Jun 33 min read


Quobly Secures €115 Million Series A to Bring Silicon-Based Quantum Computers to Market
Quobly, building industrial silicon-based quantum computers, led by Maud Vinet, Tristan Meunier, and the team, has announced the closing of a €115 million Series A financing led by Bpifrance, SEALSQ, and STMicroelectronics, with participation from the European Innovation Council (EIC Fund), Blast, ALIAD (Air Liquide Venture Capital), and existing investor Innovacom, bringing together leading industrial, sovereign, and deeptech investors. Existing shareholders also include the
Karan Bhatia
Jun 32 min read


Quanscient Raises €10 Million, Leads the Shift to Quantum and AI-Native Hardware Engineering
Quanscient, the multiphysics simulation platform for the AI era, led by Juha Riippi, Alexandre Halbach, Asser Lähdemäki, Valtteri Lahtinen, and Andrew Tweedie, has raised a €10 million Series A funding round led by Danish quantum fund 55 North and Austrian industrial investor B&C Group, with full re-participation from existing investors Maki.vc, Crowberry Capital, QAI Ventures, and First Fellow Partners. While AI has transformed many industries, hardware engineering continues
Karan Bhatia
May 262 min read


Quantum Bridge Secures $8 Million to Fortify Global Networks Against Quantum Threats
Quantum Bridge, unbreakable cybersecurity for the quantum era, led by Mattia Montagna, Hoi-Kwong Lo, and the team, has closed a US$8 million Series A funding round led by Primo Capital SGR and supported by a global syndicate of investors, including Wayra (Telefónica), Cadenza VC, Club degli Investitori angels, HPE, and Bacchus Venture Capital. Together with prior financing from investors, including Alumni Ventures and the University of Toronto, the round brings Quantum Bridge
Karan Bhatia
May 211 min read


Algorithmiq Establishes Milan Headquarters and raises €18m to Position Europe as the Future of Quantum Software
Algorithmiq, bringing quantum to life, led by Sabrina Maniscalco, Guillermo García-Pérez, Matteo Rossi, and Boris Sokolov, has raised €18 million in funding led by United Ventures and Italian institutional investor Cassa Depositi e Prestiti (CDP), with continued participation from Inventure VC. This funding round brings Algorithmiq’s total funding raised to €36m, and represents Italy’s largest-ever venture capital investment in a quantum startup. While the quantum computing
Karan Bhatia
May 113 min read


Graduate Ventures Reaches Milestone with 80th Investment in Delft Quantum Startup FrostByte
Graduate Ventures, empowering founders through funding and support, is celebrating its 80th investment. The milestone backing goes to FrostByte, a Delft startup whose technology makes it possible to build quantum computers at a greater scale. The investment is part of a 1.3 million euro funding round, alongside Innovation Quarter, Paeonia Group, UNIIQ, and an angel investor. Since its founding in 2021, Graduate Ventures has invested in 79 startups from the ecosystems of TU De
Karan Bhatia
May 92 min read


Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment”
Quantum Motion, building a full-stack CMOS quantum computing, led by James Palles-Dimmock, Simon Benjamin, John Morton, and the team, has announced a $160 million Series C round to commercialise its scalable and energy-efficient approach to quantum computing. The round is co-led by DCVC and Kembara, with participation from new investors, the British Business Bank, and Firgun, alongside existing investors Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Hol
Karan Bhatia
May 82 min read


QuantWare is Building the World’s Most Powerful Quantum Processors at an Industrial Scale
QuantWare, hyper-scaling quantum computers with our VIO™ 3D scaling architecture, led by Matthijs Rijlaarsdam, Alessandro Bruno, and the team, has raised a $178 million (€152 million) Series B equity funding following the announcement of VIO-40K™, a quantum processor architecture for 10,000 qubits, 100x larger than the state of the art today. New investors joining the round include Intel Capital, IQT, and ETF Partners, with existing investors participating, including FORWARD.
Karan Bhatia
May 52 min read


Quantum Computing Scale-Up eleQtron Closes One of the World's Largest Series A Financing Rounds, Raising €57 Million
eleQtron, a spin-off from the Quantum Optics Chair at the University of Siegen, developing a freely programmable, scalable quantum computer, led by Jan Leisse and Michael Johanning, has closed a €57 million Series A funding round led by Schwarz Digits(the IT and digital division of the Schwarz Group) with participation from EIC Fund and existing investors such as Earlybird. New investors include the French VC firm Ankaa Ventures, the laser equipment specialist Precitec, and t
Karan Bhatia
May 52 min read


Quantum Machines Acquires QHarbor and Opens Delft Office to Deepen European Quantum Footprint
Quantum Machines, building Quantum Orchestration: the platform that powers quantum breakthroughs and accelerates the path towards the new age of quantum computing, led by Dr. Itamar Sivan, Dr. Yonatan Cohen, Dr. Nissim Ofek, and the team, has announced the acquisition of Dutch company QHarbor and the opening of a new office in Delft, the Netherlands. The move establishes a local presence within one of Europe’s leading quantum ecosystems and supports the expansion of Quantum
Karan Bhatia
May 52 min read


QMatter Raises $1.2M in Funding and Introduces Quantum Compression
QMatter, a Quantum Technology startup, led by Dr. Tim Weaving and Dr. Alexis Ralli, has raised $1.2M in pre-seed funding, led by 55 North, the world’s largest pure-play quantum fund, with participation from XTX Ventures, Bellstate Oy, and the Conception X Angel Syndicate. The company will use the capital to further develop and scale its quantum compression platform. Quantum simulation remains computationally intensive, limiting progress in drug discovery and materials science
Karan Bhatia
Apr 221 min read


Sygaldry Raises $139 Million to Build Quantum Computers for AI
Sygaldry , envisioning a future of affordable, sustainable, personalized, and secure superintelligence, led by Chad Rigetti, Idalia Friedson, and Michael Keiser, has raised $139M in Series A and Seed financing to build quantum-accelerated AI servers. The $105M Series A in March 2026 was led by Breakthrough Energy Ventures , following a $34M seed round led by Initialized Capital . Sygaldry’s servers aim to exponentially speed up critical AI algorithms, reducing the cost and p
Karan Bhatia
Apr 161 min read


IQM Secures €50 Million Financing to Accelerate Global Growth
IQM , building full-stack superconducting quantum computers for HPCs, researchers, and enterprises, led by Dr. Jan Goetz, and the team, has secured a €50 million financing package from funds and accounts managed by BlackRock. The facility will accelerate IQM’s technology roadmap, strengthen R&D, enable expansion into new markets, and reinforce its leadership in quantum computing. The facility was secured ahead of IQM’s planned merger with Real Asset Acquisition Corp (RAAQ) t
Karan Bhatia
Mar 301 min read


IQM is Set to Become the First Listed European Quantum Company, through a Merger with Real Asset Acquisition Corp
IQM , a global leader in full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), led by Jan Goetz, and Real Asset Acquisition Corp. (Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), have announced they have entered into a definitive business combination agreement, which will result in IQM becoming a public company and listing American Depositary Shares on one of the two leading U.S. stock exchanges. The transaction delive
Karan Bhatia
Feb 242 min read


Nu Quantum Opens State-of-the-Art Trapped-Ion Qubit Networking Lab in Cambridge to Accelerate Distributed Quantum Computing
Nu Quantum , building the Entanglement Fabric to unlock commercial quantum computing scale-out, led by Dr. Carmen Palacios-Berraquero and the team, announced the opening of a new trapped-ion networking laboratory in Cambridge, UK. Based close to its existing R&D headquarters, this state-of-the-art facility will double the company’s research infrastructure to accelerate progress towards distributed quantum computing. Nu Quantum enables quantum computing at scale by linking in
Karan Bhatia
Feb 102 min read


Nu Quantum to Open a Spanish Subsidiary as part of the Government’s Investment
Nu Quantum , building the Entanglement Fabric to unlock commercial quantum computing scale-out, led by Dr. Carmen Palacios-Berraquero, Dr. Claire Le Gall, Ed Wood, Sam Funnell, Amii Shepperson, Danny Garden, and Jonathan Cumming, has announced the opening of a Spanish subsidiary, which will be a leading center for quantum networking and photonic infrastructure for Distributed Quantum Computing. The Ministry for Digital Transformation and Public Administration, through the Sp
Karan Bhatia
Feb 33 min read


Qilimanjaro Launches EduQit: A Build-Your-Own Quantum Computer for Education and Research
Qilimanjaro , building analog, full-stack quantum computers, led by Marta P Estarellas, Victor Canivell, Juanjo Canuto, Timothy Duty, and others, has announced the release of EduQit , a modular quantum computing kit designed to enable hands-on training, experimental learning, and early-stage research using an on-site superconducting quantum computing system. EduQit enables universities and research institutions to work directly with physical quantum computing systems, provi
Karan Bhatia
Jan 302 min read


Nu Quantum Raises $60M Series A in Largest Financing Round for Quantum Computer Networking
Nu Quantum , building the quantum networking technology to scale quantum computers, led by Dr. Carmen Palacios-Berraquero, Dr. Claire Le Gall, Ed Wood, Danny Garden, Amii Shepperson, Sam Funnell, and Jonathan Cumming, has secured $60 million in Series A funding round led by National Grid Partners , including participation from Gresham House Ventures and Morpheus Ventures , and continued support from existing investors Amadeus Capital Partners , IQ Capital , Ahren Capital , C
Karan Bhatia
Dec 10, 20252 min read


How Quantum Dice is Advancing Probabilistic Computing.
Quantum Dice , harnessing the quantum properties of light to solve some of today's most critical computational challenges, led by Dr Ramy Shelbaya, Dr Marko von der Leyen, and Dr Zhanet Zaharieva, secured a €2 Million grant from the European Innovation Council (EIC) Accelerator programme, with the project now officially underway following its October kick-off. Quantum Dice, one of only 40 deep-tech start-ups across Europe, and among just three from the UK, was selected from
Karan Bhatia
Dec 10, 20252 min read


IQM to Invest over €40 Million to Expand Finland Production Facility, Accelerate Innovation and Fuel Growth
IQM , a global leader in building superconducting quantum computers, led by Dr. Jan Goetz, Dr. Mikko Välimäki, Dr. Juha Vartiainen, Sylwia Barthel de Weydenthal, Jan Kuerschner, and others, announced an over €40 million investment to expand its state-of-the-art production facility in Finland. The expansion will accelerate the development, fabrication, and testing of advanced quantum processing units, as well as the assembly of full quantum computers, laying the foundation fo
Karan Bhatia
Nov 28, 20252 min read
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