Curator's Take
This substantial $160 million Series C funding for Quantum Motion represents a significant vote of confidence in Europe's quantum computing ambitions, particularly as the company pursues silicon-based quantum processors that could leverage existing semiconductor manufacturing infrastructure. The investment from Firgun Ventures marks their first European quantum bet, suggesting growing international recognition that London and the broader European quantum ecosystem are becoming serious competitors to US and Chinese quantum efforts. Quantum Motion's approach of building quantum chips using conventional silicon fabrication techniques could prove crucial for eventual scalability, as it avoids the exotic materials and extreme cooling requirements that plague many current quantum computing approaches. This funding round positions Europe to play a more prominent role in the global race toward practical, fault-tolerant quantum computers.
— Mark Eatherly
Summary
Insider Brief PRESS RELEASE — Firgun Ventures, a $250 million Quantum fund, today announced its first European investment: Quantum Motion, a London-headquartered quantum computing scale-up. Firgun is participating in Quantum Motion’s $160 million Series C, along with co-leads DCVC and Kembara and participation from the British Business Bank, Oxford Science Enterprises, Inkef, Bosch Ventures, […]