OQC Secures £260 Million Series C, Europe's Largest Private Quantum Computing Round
Updated
Updated · Pulse 2.0 · Jun 8
OQC Secures £260 Million Series C, Europe's Largest Private Quantum Computing Round
3 articles · Updated · Pulse 2.0 · Jun 8
Summary
£260 million in oversubscribed Series C funding gives UK-based OQC one of the deepest war chests among private quantum computing companies globally.
Bullhound Capital led the round, joined by the British Business Bank, COFIDES, Rokos-managed RCM Private Markets Fund and existing backers including Oxford Science Enterprises, SBI and Chevron Technology Ventures.
OQC said the capital will expand operations in priority markets and speed work on fault-tolerant systems, including its OQC TITAN roadmap, as enterprise and government demand rises.
The company builds superconducting quantum computers for data-centre deployment and already has systems operating in the UK, U.S., Japan and Spain across Europe, North America and Asia.
The raise lands as the UK has pledged up to £2 billion to help domestic quantum companies reach commercial scale, underscoring investor confidence in near-term commercialization.
As OQC targets sensitive defense sectors, can its 'fabless' manufacturing model truly secure the UK's technological sovereignty?
With billions flowing into quantum, is this record funding a true breakthrough or fueling a bubble far from real-world results?
Landmark £260 Million Series C Propels Oxford Quantum Circuits to Forefront of Global Quantum Race
Overview
In June 2026, Oxford Quantum Circuits (OQC) closed a landmark £260 million Series C funding round, marking the largest private quantum computing investment ever recorded in Europe. This significant capital injection underscores a pivotal moment for both OQC and the broader European quantum technology landscape. The funding round highlights growing confidence in OQC's innovative approach to quantum computing and its potential to address complex computational challenges. A key participant, the British Business Bank, reaffirmed its commitment to OQC, supporting the company as it scales up its commercial offerings and strengthens its leadership in the industry.