Quantum Universal raises £82m to accelerate quantum computing development at its Sussex research facility, positioning the region as a major quantum hub.
Amount Raised
£82 Million
Round Type
Venture
Mid SussexBiotechnologyDescription
Quantum Universal, a quantum computing lab based at the University of Sussex in Haywards Heath, has secured £82 million ($100 million) in funding to accelerate the development of next-generation quantum computers. The investment will support research aimed at solving complex computational problems with applications in drug development, materials science, and clean energy. The funding is expected to help establish Sussex as a major quantum computing center and attract businesses and talent to the region. Vice-chancellor Prof Sasha Roseneil highlighted the significance of the investment as a milestone toward realizing the university's vision of creating a 'Quantum Silicon Valley' in Sussex.
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