Fundz

Uk-Based University Spinout Phasecraft Raises £13M To Fuel Quantum Algorithm Development For Real World

PRIVATEAug 16, 2023

Amount Raised

£13 Million

Round Type

Funding Round

BristolInformation TechnologySoftwareGamingVideo Gamesinformation technology & services

Investors

European Research CouncilAlbion VCEpisode1Parkwalk AdvisorsLcifUCL Technology FundInnovate UKSilicon Valley Deeptech VcPlayground Global

Description

In a recent development, Phasecraft has raised a £13 million Series A funding round led by Silicon Valley deeptech VC, Playground Global (NVision, Farmwise, and Owl Labs). AlbionVC also joined the round along with participation from existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund.  With this round, the total investment raised by Phasecraft accounts for £17.25 and a further £3.75 million in grant funding from the likes of Innovate UK and the European Research Council. The grant funding will be used to continue building the team of world-leading quantum scientists, researchers and engineers and to further establish Phasecraft as the world leader in quantum algorithms.

Who to call at Phasecraft, and when

A new round usually means Phasecraft is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Phasecraft raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Phasecraft, from your own LinkedIn network
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Phasecraft

Location

Cathedral Square

Bristol, England, United Kingdom

About

Phasecraft is the quantum algorithms company. We’re building the mathematical foundations for quantum computing applications that solve real-world problems. Our team brings together many of the world’s leading quantum scientists, including founders Toby Cubitt, Ashley Montanaro, and John Morton.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Phasecraft raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Phasecraft's next move

See what Strategic adds

Phasecraft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.