Quantum Motion banked €160M in Series C funding co-led by US multi-stage investor DCVC and Mundi Ventures via its Kembara fund. The round included participation from the British Business Bank and Firgun Ventures, alongside existing backers Oxford Science Enterprises, Inkef, Bosch Ventures and Porsche.
The London-based startup develops quantum computers using "dot spin qubits." This approach involves trapping the spin of a single electron within silicon. By using silicon—the primary material used in standard semiconductor manufacturing—the company intends to produce quantum processors within existing industrial infrastructure in partnership with chipmakers like Global Foundries.
The capital supports the commercialisation of hardware following the delivery of a quantum computer to the UK National Quantum Computing Centre. Quantum Motion, an Oxford University spin-out, currently employs 100 people across sites in London, Oxford, and Sydney, with plans to hire a further 50 staff at its new facility in San Sebastian, Spain.
The raise represents one of the largest equity rounds in the European quantum sector to date, following significant 2025 activity where investment into the region’s quantum startups doubled to reach €1.6bn.
Originally reported by Sifted.