Oxford Ionics was spun out of Oxford University in 2019 by founders Chris Ballance and Tom Harty, developing breakthrough electronic qubit control technology for trapped ion quantum computers that uses standard semiconductor chips to control ions rather than expensive laser systems, enabling scalable quantum processor manufacturing and was acquired by IonQ for $1.075 billion in June 2025, representing the largest acquisition in quantum computing history and combining IonQ’s quantum computing stack with Oxford Ionics’ chip-based ion trap technology manufactured on standard semiconductor processes.
Christopher Ballance (Co-founder, CEO), Thomas Harty (Co-founder)
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Acquired
$1095M
2 funding rounds tracked. View detailed investment history →
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