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High Tech Seed Founded 2018

Universal Quantum

Universal Quantum is a quantum computing company that builds utility-scale quantum computers based on a robust, modular, and practical engineering blueprint. The company utilizes trapped ion qubit technology, electronic quantum gates, silicon microchip modules, and electric field ink modularity to create scalable quantum computing systems. Their approach focuses on solving the fundamental challenge of scaling…

📍 Brighton, United Kingdom · Quantum Computing

Funding snapshot

Last roundSeed
Amount$66M
Date2 November 2022
Total raised$5M
Team size105

About

Universal Quantum is a quantum computing company that builds utility-scale quantum computers based on a robust, modular, and practical engineering blueprint. The company utilizes trapped ion qubit technology, electronic quantum gates, silicon microchip modules, and electric field ink modularity to create scalable quantum computing systems. Their approach focuses on solving the fundamental challenge of scaling quantum computers to sizes that can address real-world problems, using modular architecture that connects individual quantum computing units. The company employs a team of engineers, scientists, and operational staff working on practical engineering systems that require only mild cooling rather than the extreme cooling needed by some competing quantum computing approaches. Universal Quantum has received funding from UK Research and Innovation and the German Aerospace Center, and partners with leading organizations in the quantum computing field. Founded in 2018 and headquartered in Brighton, United Kingdom, the company has raised approximately $5.1 million in seed funding from investors including Hoxton Ventures, Village Global, 7percent Ventures, and FoundersX Ventures.

Business model

Quantum Computing > Quantum Hardware > Computers > Universal Quantum > Trapped Ion

Institutional investors

7percent Ventures Quantum Exponential Ukri Dlr LA ROCA Capital Hoxton Ventures Village Global Propagator Ventures FoundersX Ventures Luminous Ventures In-Q-Tel Nauta Capital Volpini Ventures 2b AHEAD Ventures The Venture Collective

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