Oxford Quantum Circuits (OQC)

$0.5bn raised across two quantum companies in the past month ⚛️������\nAs @LDNTechWeek begins, momentum in UK deeptech is building. IP Group and @ParkwalkAdvisor, our EIS fund management business, are proud to be founder investors in two quantum companies delivering this progress.\n⚛️Oxford Quantum Circuits (OQC) - £260m ($350m) Series C — Europe's largest ever private quantum computing funding round \n ⚛️Quantum Motion – $160m Series C to accelerate its silicon-based approach to utility-scale quantum computing\n\nAs the Chancellor of the Exchequer, @RachelReevesMP, put it: “OQC’s £260 million funding round is a major vote of confidence in the UK’s quantum sector and shows that the UK continues to be the place where the industries of the future are being created.”\n\nWe couldn’t agree more.\n\nNow the focus must be on sustaining that momentum — scaling capital, talent and ambition to ensure the UK leads globally in quantum.\n#LondonTechWeek #QuantumComputing #DeepTech #UKTech #Innovation #VentureCapital #EIS