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Quantum Exponential

Quantum Exponential

Venture Capital

Quantum Exponential Group is an AQSE Growth Market investor focused on opportunities in quantum technology and related sectors.

Portfolio

5

companies

Investment by month

By category

  • SensorTech£12.0M
  • Uncategorised£2.1M
  • IndustrialTech£1.5M
  • Quantum Computing£869K

By location

  • Torbay£12.0M
  • Edinburgh£1.6M
  • Birmingham£1.5M
  • Oxford£869K
  • Bristol£470K

Portfolio companies

Dg

Delta g

Delta g develops quantum sensors that map underground infrastructure without disruptive excavations.

Oxford Quantum Circuits

Oxford Quantum Circuits

Oxford Quantum Circuits develops advanced quantum computing hardware using patented 3D architecture.

QLM Technology

QLM Technology

QLM Technology builds quantum lidar cameras for methane monitoring.

S

Siloton

Siloton develops at-home optical coherence tomography monitors for age-related macular degeneration.

SP

Singular Photonics

Developer of intelligent image sensors that count individual photons.


Team

Steve Metcalfe

Steve Metcalfe

CEO

Steve serves as chief executive officer at Quantum Exponential and holds directorships at Metcalfe Consultancy Limited and Lifestream. His background includes consulting for Martin Homes and a non-executive role at SimplyPayMe.

LinkedIn
Steven Metcalfe

Steven Metcalfe

CEO

Steven is chief executive officer at Quantum Exponential and a company director at Metcalfe Consultancy Limited. He also serves as a non-executive director at Lifestream.


Recent investments

Pre-Seed
£1.5M

The pre-seed round was led by Science Creates Ventures with backing from a syndicate of institutional and angel investors.

"The UK would massively benefit from delivering major infrastructure projects on time and on budget, and through increased productivity by reducing the time it takes to bring such projects to the point of benefitting people. A big part of this is the difficulty found in mapping the complex unseen environments and hidden critical infrastructure that resides under the ground. Considerable budgets are allocated to ensure that unexpected obstacles can be overcome. On HS2 alone, the contingency for unforeseen ground conditions is £248m."
— Pete Stirling, CEO
£869K

The funding round saw participation from Quantum Exponential Group and HiJoJo Partners.

"We are committed to providing our shareholders with access to quantum technology companies which are at the forefront of this revolutionary technology. OQC’s achievements, driven by its excellent team, are nothing short of astounding."
— Steven Metcalfe, CEO
Series A
£12.0M

The photonics company has raised £12m in a Series A round led by Schlumberger to scale manufacturing of its greenhouse gas imaging technology.

"The technology is unique in the emissions monitoring marketplace in its potential to achieve the greatest amount of GHG abatement at the lowest cost of ownership,"
— Murray Reed, Chief Executive officer
Seed
£470K

The seed round was led by Quantum Exponential Group and Evenlode Impact to support diagnostic imaging development.

"The closing of Siloton’s first round of investment represents a new chapter in the company’s history. We have a strong management team with world-leading technical know-how. This knowledge is complemented by the considerable expertise contained within our investor base; including clinical, sector, and commercial experts. We are all deeply excited to begin working together and building a compelling product for patients with age-related macular degeneration"
— Alasdair Price, CEO