Phasecraft logo — The quantum algorithms company

Phasecraft

The quantum algorithms company

Founded 2019 United Kingdom Bristol, United Kingdom 49 employees Not Funded/Unknown Total: $1.05B IT, Information Technology +1

General Information

Company Name Phasecraft
Founded Year 2019
Location United Kingdom Bristol, United Kingdom
Employees 49
Industries IT, Information Technology, Quantum
Funding Stage Not Funded/Unknown
Social

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About Phasecraft

Phasecraft, the quantum algorithms company, is focused on developing the mathematical foundations for quantum computing applications to address real-world problems. Founded in 2019 and headquartered in the United Kingdom, the company boasts a team composed of some of the world’s leading quantum scientists, including founders Toby Cubitt, Ashley Montanaro, and John Morton, as well as quantum consultant Andrew Childs. In 2020, Phasecraft achieved a significant milestone by securing a record £3.7m seed round, with LocalGlobe leading the investment. Furthermore, the company recently received a £1.20M grant investment from the UK government on 09 September 2024, demonstrating sustained support and interest in their endeavors. With its strong team and notable investments, Phasecraft is well-positioned to make a significant impact in the IT and quantum industries.

Business keywords: quantum algorithms, quantum computing applications, mathematical foundations, quantum scientists, seed round funding, VC backing, quantum engineers, scientific discoveries, entrepreneurship, grand challenges, quantum consultant, record funding round, quantum technology, quantum software, quantum engineering

Services & Products

Quantum algorithms research and development
Quantum IP
Partnering with quantum hardware companies

Target Customers

Quantum technology researchers Companies in need of quantum solutions Quantum hardware developers

Pricing

as listed on Sep 28, 2026

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Not Funded/Unknown £1.00B -
17 Mar 2026
Series B $34.00M 6
Novo Holdings, Parkwalk Advisors +4
02 Sep 2025
Series A £13.00M 7
Episode 1 Ventures, Parkwalk Advisors +5
16 Aug 2023
Seed Round £3.70M 3
Episode 1 Ventures, Parkwalk Advisors +1
10 Dec 2020
Seed Round £750.00K 2
Parkwalk Advisors, UCL Technology Fund
23 Mar 2019

Phasecraft Alternatives & Competitors

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FAQ About Phasecraft

The quantum algorithms company
Phasecraft was founded in 2019.
Phasecraft is headquartered in Bristol, United Kingdom.
Phasecraft operates in IT, Information Technology and Quantum. Its work centres on quantum algorithms, quantum computing applications, mathematical foundations and quantum scientists. Its customers include Quantum technology researchers, Companies in need of quantum solutions and Quantum hardware developers.
As listed on Phasecraft's pricing page on Sep 28, 2026: On request.
Phasecraft has approximately 49 employees.
Phasecraft has completed 5 funding rounds, raising a total of $1.05B. The latest funding stage is Not Funded/Unknown.
Phasecraft offers: Quantum algorithms research and development, Quantum IP, Partnering with quantum hardware companies.
Top alternatives and competitors to Phasecraft include Quantum Circuits, Inc., SemiQon, Universal Quantum, Riverlane, planqc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Phasecraft and Quantum Circuits, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Phasecraft, https://bouncewatch.com/company/phasecraft, updated 25 April 2026. When citing, please name BounceWatch and link this page.

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