Quantum Startup Phasecraft Raises $34M, Will Grow Its D.C. Office

Quantum startup Phasecraft raises $34M, will grow its D.C. office

UK’s Phasecraft raises $34m to accelerate quantum algorithms

The round was co-led by Plural, Playground Global and Novo Holdings’ Quantum Fund. Read more: UK’s Phasecraft raises $34m to accelerate quantum algorithms

Phasecraft raises $34M to advance quantum computing solutions

The new funding, which brings the total raised to over USD 50 million including grant funding, will allow the company to double down on its R&D breakthroughs and expand industrial efforts, building real-world solutions for end users.

Phasecraft Raises $34 Million from Plural, Playground Global, and Novo Holdings

Phasecraft, the world’s leading quantum algorithms company, today announced it has raised $34 million in Series B funding to accelerate its breakthrough work to transform quantum computing’s theoretical promise into practical applications. Co-led by Plural, existing investor Playground Global, and Novo Holdings’ Quantum Fund in its first direct quantum software investment, the round also included participation from existing investors AlbionVC, L…

Phasecraft Raises $34 Million Series B To Accelerate Quantum Algorithms

Phasecraft raises $34 m Series B led by Plural, Playground Global and Novo Holdings Quantum Fund, with LocalGlobe, AlbionVC and Parkwalk Advisors.

Phasecraft secures $34m in Series B

Quantum algorithms specialist Phasecraft has closed a $34m Series B funding round aimed at advancing its work in quantum computing.