OQC Secures £260 Million to Expand Quantum Infrastructure as Sector Shifts Beyond Research
Updated
Updated · Quantum Zeitgeist · Aug 20
OQC Secures £260 Million to Expand Quantum Infrastructure as Sector Shifts Beyond Research
1 articles · Updated · Quantum Zeitgeist · Aug 20
Summary
OQC closed a £260 million Series C round, giving the UK quantum company fresh capital to expand internationally and build secure, scalable infrastructure for customers.
The funding will back OQC’s technology roadmap, including further development of its quantum processors and software platforms, as it pushes for broader enterprise and government adoption.
Chief executive Gerald Mullally said Quantinuum’s IPO and OQC’s raise are boosting investor confidence and showing private quantum companies a clearer path to scale.
That momentum positions OQC among the best-capitalized private quantum firms and underscores a wider industry shift toward treating quantum computing as critical infrastructure with potential for future consolidation or an IPO.