Uk-Based University Spinout Phasecraft Raises £13M To Fuel Quantum Algorithm Development For Real World
Amount Raised
£13 Million
Round Type
Funding Round
Investors
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
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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
Phasecraft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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