Oxford Quantum Circuits secures £260 million investment
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Oxford Quantum Circuits (OQC) has raised £260 million in a Series C round, which the company said is the largest private investment ever secured by a European quantum computing firm. British Business Bank contributed £100 million of the total, adding to the £7 million it invested in OQC’s 2022 Series A. The round was led by Bullhound Capital, with participation from existing investor Oxford Science Enterprises among others. The deal underscores growing institutional appetite for European quantum hardware and positions OQC among the region’s best-funded quantum players. What to watch next is how OQC deploys the capital toward its quantum computing roadmap and whether the round anchors a broader wave of late-stage European quantum financing.
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Named in this story
Oxford Quantum Circuits, British Business Bank, Bullhound Capital, Oxford Science Enterprises