Quantum Motion Aiming High for Scalability

🌌 Scalable Quantum Computing is now springing into motion.

Hello Everyone,

More exciting news out of London, UK with regards to Quantum computing. U.K. quantum computing company Quantum Motion has raised £42 million ($50.5 million) in an equity round of funding led by Bosch Ventures (RBVC), with participation from Porsche, the U.K. government’s National Security Strategic Investment Fund (NSSIF), and a host of additional investors.

This is a pretty significant round and yet another testament to the UK’s academic scene and how it translates into companies in the space. Crunchbase says possible competitors to Quantum Motion Technologies may include Oxford Quantum Circuits , Atom Computing , and Oxford Ionics. That’s a pretty high density of startups right there.

Compared to the £8 Series A, it’s a pretty significant upgrade. The startup has actually been around for a while. Founded in 2017 by Professors John Morton and Simon Benjamin from UCL and Oxford University respectively, Quantum Motion is setting out to create “scalable quantum computers” through new quantum computing architectures that are compatible with established silicon processing. This is their CEO.

I think 2023 might be the year for Quantum Sensing but the diversity of qubit approaches is now reaching a stimulating crossroads for the next five to ten years.