OQC Raises $100M Funding Round

OQC, a Reading, UK-based quantum compute-as-a-service (QCaaS) company, raised $100M in funding.

The round was led by SBI Investment with participation from Oxford Science Enterprises (OSE), University of Tokyo Edge Capital (UTEC), Lansdowne Partners, and OTIF, acted by manager Oxford Investment Consultants (OIC).

The company intends to use the funds to further enhance its R&D sector and its ability to bring enterprise ready quantum to businesses globally.