QFX secures £2m in seed funding led by Paul Graham to advance quantum technologies.
The seed round was led by Paul Graham to support the development of scalable quantum infrastructure.
QFX is a UK based supplier of advanced quantum hardware applying a modular philosophy to precision quantum engineering. The firm provides building blocks for trapped ion and neutral atom quantum technologies.
Oxford based quantum hardware supplier QFX has raised £2m in a seed funding round led by Silicon Valley investor Paul Graham. The capital will support the company as it delivers scalable quantum technologies for computing, sensing, and secure communications. The spin-out builds on research from the University of Oxford and recently appointed industry veterans Timothy Ballance and Sadie Mansell to its executive team.
From the founder
"With strong investor backing and a leadership team rooted in deep technical and commercial expertise. I am thrilled to be leading QFX delivering quantum hardware which will enable the next generation of quantum systems."
Timothy Ballance
Chief Executive Officer at QFX