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697 Phasecraft secures £25.2m in Plural co-led round

UK Tech News
Oscar Hornstein @ UK Tech News · 09/05/2025 05:34 EDT

Phasecraft secures £25.2m in Plural co-led round

Investment group Plural has co-led a $34m (£25.2m) Series B funding round into Phasecraft, a Bristol-based quantum algorithms company. Founded in 2019, Phasecraft develops “hardware-agnostic” algorithms in partnership with the likes of Google Quantum AI, IBM, QuEra and Quantinuum – which this week raised over £400m. The new funding for Phasecraft brings the total amount ...

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