Phasecraft
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Phasecraft

https://www.phasecraft.io/
Last activity: 16.06.2026
Active
Categories: AlgorithmsB2BComputingDeepTechQuantum
Phasecraft is the quantum algorithms company. We’re building the mathematical foundations for quantum computing applications that solve real-world problems.

Our team brings together many of the world’s leading quantum scientists, including founders Toby Cubitt, Ashley Montanaro, and John Morton and quantum consultant Andrew Childs.

In 2020 we completed a record £3.7m seed round for a quantum computing company in the UK, led by VC firm LocalGlobe.
Followers
656
Website visits
6.1K /mo.
Mentions
41
Location: United Kingdom
Employees: 11-50
Total raised: $72.24M
Founded date: 2019

Investors 6

Funding Rounds 4

DateSeriesAmountInvestors
02.09.2025Series B$34MParkwalk A...
27.10.2023Series A$16.54M-
17.08.2023Series A$16.56M-
--$5.13M-

Mentions in press and media 41

DateTitleDescription
16.06.2026Phasecraft tapped by ARPA-E to develop and apply quantum algorithms for catalyst discoveryProject aims to reduce reliance on iridium and other critical minerals WASHINGTON, DC, UNITED STATES, June 16, 2026 /EINPresswire.com/ -- Phasecraft, the world’s leading quantum algorithms company, today announced it has secured an award wi...
15.06.2026Atom Computing and Phasecraft Announce Strategic Collaboration to Accelerate Development of Next-Generation Materialsand quantum algorithms company Phasecraft announced the signing of a Memorandum of Understanding (MOU) to explore how application-focused algorithms can be used to benchmark progress toward utility-scale quantum computers. Through this MOU,...
09.12.2025Parkwalk Knowledge Intensive EIS Fund V – Now OpenWe are pleased to announce the launch of the Parkwalk Knowledge Intensive EIS Fund V (KI Fund V), an HMRC-approved EIS Fund. The fifth Knowledge Intensive Fund will back cutting-edge technology companies spun out of leading UK universities,...
27.11.2025British founders bagging a few Budget wins after dodging exit taxStartup founders went into this week’s Budget in a state of quasi-panic. Rumours of a so-called ‘exit tax’ on wealthy individuals, fuelled by weeks of speculation that the UK had bubbled, fuelling fears that Britain was about to hurt its ow...
07.11.2025Aquark Technologies secures €1.6 million Innovate UK contract to advance deployable quantum timing systemsEastleigh-based Aquark Technologies, innovators in miniaturising deployable sensing and timing technologies based on cold atoms, today announced it has been awarded a €1.6 million (£1.4 million) contract by Innovate UK. The contract will fa...
24.10.2025UK quantum startup QFX raises €2.2 million funding to expand its hardware platformOxford-based QFX, a spin-out from the University of Oxford, has raised €2.2 million in a Seed funding round to develop modular hardware for quantum technologies, with applications spanning computing, sensing, and secure communications. The ...
03.09.2025Phasecraft Secures $34M: Quantum Computing Nears Real-World ImpactQuantum algorithms leader Phasecraft secured $34 million in Series B funding on September 2, 2025. This significant investment rapidly advances quantum computing from theoretical concepts to practical, real-world applications. Phasecraft ex...
02.09.2025Phasecraft announce $34m Series B funding roundParkwalk are pleased to announce further support for portfolio company Phasecraft, the world’s leading quantum algorithms company and a spinout from UCL. Bristol, London, and Washington D.C., 2nd September 2025: Phasecraft, the world’s lead...
02.09.2025Phasecraft Raises $34M in Series B FundingPhasecraft, a London, UK-based quantum algorithms company, raised $34M in Series B funding. The round was led by Plural, Playground Global, and Novo Holdings with participation from existing investors LocalGlobe, AlbionVC, and Parkwalk Advi...
02.09.2025British startup Phasecraft raises €29 million to bring quantum computing closer to solving real-world challenges-
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