Overview
Glasgow-based Quantcore has raised £2.5 million in seed funding to develop a sovereign supply chain for quantum hardware, addressing the UK's need for enhanced domestic capabilities in critical technologies. The funding round was co-led by PXN Ventures, Blackfinch Ventures, and Scottish Enterprise. Quantcore, a spin-out from the University of Glasgow, focuses on manufacturing niobium-based components for quantum computing, aiming to reduce energy consumption and improve performance for UK national laboratories and other customers.
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Investors: PXN Ventures, Blackfinch Ventures, Scottish Enterprise
Glasgow-based Quantcore has raised £2.5 million in seed funding to develop a sovereign supply chain for quantum hardware, addressing the UK's need for enhanced domestic capabilities in critical technologies. The funding round was co-led by PXN Ventures, Blackfinch Ventures, and Scottish Enterprise. Quantcore, a spin-out from the University of Glasgow, focuses on manufacturing niobium-based components for quantum computing, aiming to reduce energy consumption and improve performance for UK national laboratories and other customers.