Announcing our £30m Series A funding
Summary
Before co-founding the quantum-inspired venture capital firm 2xN, investor Niels Nielsen was an early backer, and former chairman of Cambridge Quantum. Fellow Oxford Ionics investor Hermann Hauser founded chip giant ARM and was an early backer of quantum technologies.This latest funding round will be used to further our expansion with the hiring of people in roles across the companys functions from software developers and engineers to designers, scientists and a growing back-office team. Our latest round of funding, and the knowledge, insight and expertise of our new investors bring us even closer to this goal.Will Goodlad from Oxford Science Enterprises said: Through its unique approach, developed by some of the worlds best minds in the quantum space, Oxford Ionics is laying the foundations to finally make quantum computing a scalable, integrable and viable option. This partnership enables OSE to work with the brightest academic minds tackling the worlds toughest challenges and guarantees unrivalled access to their scientific research. In collaboration with its global network of entrepreneurs and advisers, OSE shapes and nurtures these complex ideas into successful businesses, while targeting attractive returns for shareholders.
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