Oxford Quantum Circuits Raises $330M in Record-Breaking Series C Funding Round
British quantum computing firm Oxford Quantum Circuits (OQC) raised $330 million in a Series C round, led by Bullhound Capital and backed by investors including the British Business Bank, Magdalen College Oxford, Fulcrum Asset Management, Pentland Ventures and Chevron Technology Ventures. The funding, the largest private quantum‑computing round in Europe, will support OQC’s international expansion and its roadmap toward fault‑tolerant quantum computers.
Quobly Raises $150M in Series A Round
French quantum computing startup Quobly SAS announced a €130 million ($150 million) Series A round led by STMicroelectronics NV, Bpifrance, SEALSQ and Isalt. The funding will support commercialization of its silicon spin qubit technology and expand its partnership with STMicroelectronics. Quobly aims to...
U.S. Department of Commerce Makes Strategic Equity Investment in GlobalFoundries
GlobalFoundries announced that the U.S. Department of Commerce will make a strategic equity investment, acquiring roughly one percent ownership in the semiconductor manufacturer. The investment supports GF's new Quantum Technology Solutions business, which also received a $375 million letter of intent...
Quantum Machines Acquires QHarbor to Strengthen Software Platform and Expand European Footprint
Quantum Machines announced the acquisition of Dutch software firm QHarbor, aiming to integrate its technology into QM’s quantum‑classical control platform and establish a permanent R&D base in Delft, the Netherlands. The deal, disclosed in a press release, will enhance QM’s...
IBM Awarded $1 Billion by U.S. Department of Commerce in $2 Billion Quantum Funding Program
The U.S. Department of Commerce announced a $2 billion investment in domestic quantum firms, granting IBM the largest share of $1 billion to launch a new quantum foundry subsidiary. The funding includes a minority equity stake for the department and aims to...
EPB and University of Tennessee at Chattanooga Launch $6.8M Quantum Workforce Initiative
EPB and the University of Tennessee at Chattanooga announced a $6.8 million joint funding partnership to support a four‑year quantum workforce initiative, with each party contributing $850,000 annually. The program will expand regional quantum research infrastructure, fund applied research, and develop...
Alice & Bob Expands €100M Series B with Investment From NVIDIA’s NVentures
French quantum computing startup Alice & Bob announced that NVIDIA’s venture arm NVentures has invested in its Series B round, expanding the €100 million funding round. The capital will support the development of fault‑tolerant quantum‑computing architecture and hybrid quantum‑GPU supercomputers. Financial...
Quantum Bridge Technologies Raises $8M Series A to Scale Quantum-Safe Cybersecurity Infrastructure
Quantum Bridge Technologies closed an $8 million Series A round led by Primo Capital SGR, with participation from Wayra (Telefónica), Cadenza VC, Club degli Investitori angels, HPE and Bacchus Venture Capital. The funding will accelerate the company's quantum-safe cybersecurity platform...
Rigetti and Quanta Commit $250M Each to Joint Quantum Development Partnership
Rigetti Computing announced a partnership with Quanta, with both companies committing to invest at least $250 million each over five years to advance quantum‑computing development. The deal was formally announced alongside Rigetti’s Q1 earnings report.
Algorithmiq Raises €18 Million Series B, Relocates to Italy
Quantum software startup Algorithmiq announced a €18 million Series B funding round and moved its headquarters from Helsinki to Milan. The round will support the development and commercialization of algorithms for quantum computers. The €18 million translates to roughly $19.6 million.
Quantinuum Files for US IPO
Quantum computing firm Quantinuum Inc., backed by Honeywell International, filed for a U.S. initial public offering, seeking to raise capital as it expands its quantum computing business. The filing shows a net loss of $136.6M on revenue of $5.2M for...
Quantum Machines Acquires QHarbor to Deepen European Quantum Footprint
Quantum Machines announced the acquisition of Dutch quantum software firm QHarbor, establishing a new Delft office to strengthen its presence in Europe’s quantum ecosystem. The deal expands QM’s hybrid quantum‑classical control platform and brings QHarbor’s team into the Orchestration Platform...
CavilinQ Raises $8.8M Seed Round to Advance Quantum Networking
Quantum networking startup CavilinQ announced it has secured $8.8 million in seed funding to accelerate development of its quantum networking technology. The funding will support the company's initial market entry and further research, marking a significant investment in the emerging...
Dutch Quantum Startup Groove Quantum Raises $17.6M to Advance Scalable Chip Manufacturing
Groove Quantum, a Delft‑based quantum computing startup, announced a €16 million ($17.6 M) funding round. The round was co‑led by Innovation Industries and 55 North, with participation from Verve Ventures and the European Innovation Council Fund, and includes €6 million in grants from the...
Quantum Art Secures $140M Series A Extension Led by Bedford Ridge Capital
Quantum Art, an Israeli quantum‑computing startup, extended its Series A financing to $140 million, led by Bedford Ridge Capital with new investors Hudson Bay Capital, Poalim Equity, LIP Ventures, Wolverine Global Ventures and IDA Ventures. The capital will fund development of the...