£118M
The funding round was co-led by DCVC and Kembara with participation from the British Business Bank and Firgun.
QM
Quantum Motion
Quantum Motion builds silicon transistor-based quantum computers designed for standard data-centre racks.
£202MTotal raised
Quantum Motion develops scalable and energy-efficient quantum computers using industry-standard silicon transistors. The firm leverages existing semiconductor manufacturing lines to build systems that fit inside standard data-centre racks.
Categories
Team
SB
Simon Benjamin
CSO
Simon serves as CSO and cofounder at Quantum Motion and the University of Oxford. He previously held the role of Senior Fellow in Quantum Materials at Oxford.
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James Palles-Dimmock
CEO
James serves as chief executive officer at Quantum Motion, having previously held operational and commercial roles at the company. His background also includes research positions at Sharp Laboratories of Europe.
LinkedInAS
Alberto Sangiovanni-Vincentelli
Chairman of the board
Alberto serves as chairman of the board at Quantum Motion, following engineering roles at Crypto Quantique, Neul, and CSR. He holds a PhD candidature at Imperial College London and an Industrial Fellowship from the 1851 Royal Commission.
Investors
- £118MDCVCLead
KKembaraLeadOxford Science EnterprisesFollow-on
IInkefFollow-onBBoschFollow-onPAPorsche Automobil Holding SEFollow-onParkwalk AdvisorsFollow-on
- £42.0M
- £42.0M
Funding history
£42.0M
Sony Innovation Fund joins the second close of the funding round to support the development of silicon-based quantum computers.
£42.0M
The oversubscribed round was led by Bosch Ventures with backing from Porsche SE and British Patient Capital.