Oxford Quantum Circuits, founded in 2017, is at the forefront of the evolving quantum computing landscape. Specializing in superconducting circuit quantum computing, the company is pushing the boundaries of technological capabilities in hardware and information technology.
The company's mission is reflected in its slogan: “Developing superconducting circuit quantum computing.” By harnessing quantum power, Oxford Quantum Circuits aims to drive significant advancements in sectors such as drug discovery and battery technology innovation, fostering pivotal breakthroughs that could redefine various industries.
With its headquarters in the United Kingdom, the startup recently secured a substantial $100.00 million Series B investment. This round of funding, completed on 27 November 2023, attracted a prestigious cadre of investors, including Chevron Technology Ventures, IP Group, Lansdowne Partners, and Oxford Science Enterprises. The backing from institutions like The University of Tokyo Edge Capital and SBI Investment underscores the international confidence in their vision. This latest financial injection is set to accelerate Oxford Quantum Circuits' innovation trajectory, solidifying its position as a pivotal player in the quantum computing arena.