UK-based Quantum Motion, which builds quantum computers on silicon chips, raised a $160M Series C; EU-backed growth fund Kembara made its first investment (Bloomberg)
UK-based Quantum Motion raised a $160M Series C from EU-backed growth fund Kembara to scale silicon-based quantum computing hardware, a notable bet on an alternative to superconducting qubit approaches.
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<a href="https://www.bloomberg.com/news/articles/2026-05-07/eu-startup-fund-makes-first-bet-with-160-million-round-in-uk-s-quantum-motion"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260507/i12.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260507/p12#a260507p12" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-05-07/eu-startup-fund-makes-first-bet-with-160-million-round-in-uk-s-quantum-motion">UK-based Quantum Motion, which builds quantum computers on silicon chips, raised a $160M Series C; EU-backed growth fund Kembara made its first investment</a></b></span> — Kembara, a technology growth fund backed by the European Union, made its first investment, supporting a British startup that builds quantum computers running on silicon chips.</p>
Read at source: https://www.techmeme.com/260507/p12#a260507p12