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Universal Quantum raises over $100M Series A co-led by DCVC and Firgun Ventures

Universal Quantum

Universal Quantum raised more than $100M, the largest Series A for a UK-based quantum company. The money goes to scaling its tiled trapped-ion chips and growing sites in Germany, Singapore, the US and Japan while it delivers its DLR contract.

  • Co-leads: DCVC and Firgun Ventures; also EDBI, Artal, Integral GlobalTech, Main Sequence, NGS Super, Roblox founder Dave Baszucki and others
  • Over 100 technical full-time staff across three continents
  • Existing DLR contract valued at about $77M
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