Oxford Quantum Circuits raises £260m in record European quantum computing funding round
By
Kirstie Pickering
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Summary
Oxford Quantum Circuits (OQC) has raised £260 million in an oversubscribed Series C funding round, the largest private quantum computing investment in Europe. The company develops superconducting quantum computers for data-centre deployment, serving enterprise and government clients across financial services, defence, and security sectors. OQC has established a global platform with systems deployed in the UK, US, Japan, and Spain.
Key quotes
· 3 pulledOQC has closed an oversubscribed £260m Series C funding round, marking Europe's largest ever private funding round for a quantum computing company.
Enterprise and government customers across financial services, defence and security are driving demand
The company has established a global quantum computing platform across Europe, North America and Asia, with systems deployed in the UK, US, Japan and Spain.
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