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LCIF

Venture Capital

Portfolio

1

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  • Uncategorised£13.0M

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  • London£13.0M

Portfolio companies

Phasecraft

Phasecraft

Phasecraft develops high performance algorithms to unlock the practical capabilities of quantum computers.


Recent investments

Series A
£13.0M

Playground Global led the Series A round to support the firm in achieving practical quantum advantage.

"For all the advances that have been made in quantum hardware, and for all quantum computing’s promise, such progress could end up being for nothing if we can’t build the applications needed to make the technology truly useful. With our record-breaking algorithms and groundbreaking techniques, we are pushing the boundaries of what is possible in this space. With support from such a renowned deep-tech visionary as Playground, we think practical quantum advantage is achievable in years, not decades."
— Ashley Montanaro, CEO