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Oxford Quantum Circuits

Quantum-Processors β€’ UK
2017
Founded
UK
Country
Private
Status
$85M
Total Raised

About Oxford Quantum Circuits

Oxford Quantum Circuits

Oxford Quantum Circuits (OQC) is a UK-based quantum computing company that develops superconducting quantum computers featuring innovative 3D architecture and proprietary Coaxmon qubit technology. Founded in 2017 by quantum computing pioneers from Oxford University, OQC has built Europe’s most advanced quantum computing systems, including their flagship Lucy processor with proprietary qubit designs that offer improved coherence and reduced crosstalk. The company’s unique 3D quantum computing architecture enables better connectivity and scalability compared to traditional planar approaches. OQC operates the UK’s first commercial quantum computing service and has established partnerships with organizations including the European Space Agency and various government initiatives. Their quantum computers are accessible through major cloud platforms, serving customers in optimization, machine learning, and scientific computing. OQC’s combination of cutting-edge hardware innovation, commercial cloud services, and strong European positioning makes them a key player in the global quantum computing ecosystem, particularly for organizations seeking alternatives to US-based quantum cloud providers.

Company Information

Key People

Ilana Wisby (CEO), Peter Leek (CTO)

Investment Information

  • Status: private
  • Total Raised: $85M
  • Last Valuation: $400M

Recent Funding Rounds

  • 2023-02-07: series-b - $47M - Series B funding round
  • 2020-12-02: series-a - $38M - Series A funding round

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Company Information

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Founded

2017

🌍

Country

UK

🌐
🏷️

Categories

Quantum-Processors

Investment Information

πŸ“Š

Status

Private

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Total Raised

$85M

2 funding rounds tracked. View detailed investment history β†’

Key People

Ilana Wisby (CEO), Peter Leek (CTO)

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