StoryFunding
Quantum Motion raises $160M Series C led by DCVC and Kembara; UK's best-funded quantum company
Quantum Motion closed a $160M Series C round co-led by DCVC and Kembara, with participation from the British Business Bank, Firgun, and returning investors including Bosch Ventures, Porsche, and Oxford Science Enterprises. The financing positions Quantum Motion as the UK's best-funded quantum computing company and is intended to accelerate commercialization and manufacturing scale.
- $160M Series C follows $50.5M Series B in February 2023, bringing total raised to $210M+
- Funding to support scaling from pilot system at NQCC to production-ready quantum processors
- British Business Bank participation signals UK government backing for quantum technology sovereignty