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11th December 2020

Phasecraft closes £3.7m seed funding round

On the back of new quantum algorithm breakthroughs, quantum software company Phasecrafthas closed a record seed round for a quantum computing company in the UK. Its new £3.7m seed funding round is led by VC firm LocalGlobe with Episode1 along with previous investors. Phasecraft previously raised a £750,000 pre-seed round led by UCL Technology Fund with Parkwalk Advisors and London Co-investment Fund and has earned several grants facilitated by InnovateUK. Former Songkick founder and prominent angel investor Ian Hogarth has also joined as board chair for Phasecraft. 

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