Quantcore Raises £2.5 Million to Build UK Sovereign Quantum Hardware Supply Chain
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Quantcore Secures £2.5M ($3.4M USD) to Establish Sovereign Niobium-Based Quantum Hardware Manufacturing
Quantcore, a University of Glasgow spin-out, has closed a £2.5 million ($3.4 million USD) seed funding round co-led by PXN Ventures, Blackfinch Ventures, and Scottish Enterprise, with additional participation from Quantum Exponential and STAC. The company specializes in the design and production of niobium-based superconducting components, currently serving as the only manufacturer of its kind [...] The post Quantcore Secures £2.5M ($3.4M USD) t…
Scottish quantum hardware company raises £2.5m to build UK's sovereign manufacturing capability
· Glasgow-based Quantcore has secured £2.5m seed investment from PXN Ventures, Blackfinch Ventures, Scottish Enterprise, Quantum Exponential and STAC to advance sovereign quantum capabilities · Quantcore is also the only UK company producing quantum hardware using niobium, providing components that operate at temperatures colder than outer space.
Quantcore raises £2.5 million to build UK sovereign quantum hardware supply chain
Quantcore, a University of Glasgow spin-out, has raised £2.5m in seed funding to create a sovereign supply chain for quantum hardware, as the UK races to build domestic capacity in technologies critical to national security and economic competitiveness. The round was co-led by PXN Ventures, Blackfinch Ventures and Scottish Enterprise, with investment also coming from Quantum Exponential and STAC. Quantcore is the only company in the UK manufact…
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