Placing to Raise £350,000
Summary
Quantum Blockchain Technologies raised £350,000 through a share placing to fund its ongoing research and development work. The company plans to use the money to advance its proprietary Bitcoin mining technologies, including the Method C AI Oracle and related software products. It will also work on bringing its ASIC Ultra Boost patent to market-ready status and continue porting and integration efforts across mining hardware and software environments. Management says the funding will support testing, business development, and preparation for future commercial partnerships.
Funding
Amount
$472.5K
Total raised
Date
September 2, 2026
Announcement date
Investors
-
Lead investors
Company
quantumblockchaintechnologies.co.uk
Funded company
AskAI Classifications
Sectors
General
Functions
General
Linked Companies
Quantum Blockchain Technologies Plc
$1M to $5M