What is Oxford Quantum Circuits?
Founded in 2017, Oxford Quantum Circuits is at the forefront of the quantum revolution, developing the core technology to address humanity's most pressing challenges. OQC has established the UK's most advanced superconducting quantum computer, which is commercially available within the country. Leveraging its patented Coaxmon innovation, a unique 3D architecture that moves key componentry and wiring off-chip, OQC is enhancing the scalability of its quantum computing solutions without compromising on quality. This strategic capital infusion is poised to accelerate OQC's mission to build the future of quantum computing.
How much funding has Oxford Quantum Circuits raised?
Oxford Quantum Circuits has raised a total of $498M across 4 funding rounds:
Series A
$47M
Other Financing Round
$1M
Other Financing Round
$100M
Series C
$350M
Series A (2022): $47M, investors not publicly disclosed
Other Financing Round (2023): $1M led by Quantum Exponential Group and HiJoJo Partners
Other Financing Round (2023): $100M supported by SBI Investment, University of Tokyo Edge Capital Partners, and Oxford Sciences Enterprises
Series C (2026): $350M featuring Chevron, British Business Bank, and Oxford Sciences Enterprises
Key Investors in Oxford Quantum Circuits
SBI Investment
SBI Investment Co., Ltd. is a venture capital firm that specializes in early-stage companies, offering comprehensive management support and investment in startups. They aim to foster growth in innovative industries and technology-driven businesses.
Oxford Sciences Enterprises
Oxford Science Enterprises is an independent investment company established in partnership with the University of Oxford, focused on founding, funding, and building transformational businesses.
Chevron
Chevron Corporation is an integrated energy and chemicals company involved in exploration, production, and transportation of crude oil and natural gas, as well as refining and marketing petroleum products.
What's next for Oxford Quantum Circuits?
The recent major strategic investment signifies a critical growth phase for Oxford Quantum Circuits. This capital injection is expected to fuel further research and development, enhance manufacturing capabilities, and expand OQC's market reach. The company's focus on scalable superconducting quantum computing, particularly with its Coaxmon technology, positions it for significant advancements in the field. Future endeavors will likely involve deepening partnerships and exploring new applications for quantum computation, solidifying its leadership in the global quantum technology landscape.
See full Oxford Quantum Circuits company page
