Oxford Quantum Circuits (OQC), a quantum compute-as-a-service (QCaaS) company, announced that Japanese VC fund SBI Investment, Japan’s premier VC fund, is leading OQC’s $100 million round.
Announced at the Global Investment Summit, the ongoing round is the UK’s largest ever Series B in quantum computing, enabling industry-leading R&D that paves the way to quantum advantage and furthers OQC’s ability to bring next-generation platforms of hundreds of qubits to businesses globally.
Before Series B, OQC raised £41 million, including the largest Series A in quantum in the UK at the time.