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Universal Quantum raises $100M Series A led by DCVC and Firgun Ventures, with backing from Singapore's EDBI and Roblox CEO David Baszucki.
Amount Raised
$100 Million
Round Type
Series A
Investors
Description
Universal Quantum, a British quantum computing start-up, has closed a $100 million Series A funding round. The round was co-led by investment firm DCVC and Firgun Ventures, with participation from Singapore's Economic Development Board Investments (EDBI), Roblox CEO David Baszucki, and other investors. The company will use the capital to expand research hubs in Germany and Singapore. Universal Quantum is developing quantum computers capable of solving problems that classical computers cannot, with applications in medicine and finance.
Fundz sees it the moment Universal Quantum raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansUniversal Quantum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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