- 2022: $15 million www.orcacomputing.com/blog/orca-computing-completes-15-million-series-a-funding-round
- 2021: $14.5 million for an Innovate UK project
This job announcement from 2022 gives a good idea about their tech stack: web.archive.org/web/20220920114810/https://oxfordionics.bamboohr.com/jobs/view.php?id=32&source=aWQ9MTA%3D. Notably, they use ARTIQ.
Their main innovation seems to be their 3D design which they call "Coaxmon".
Funding:
- 2023: $1m (869,000 pounds) for Japan expansion: www.uktech.news/deep-tech/oqc-funding-japan-20230203
- 2022: $47m (38M pounds) techcrunch.com/2022/07/04/uks-oxford-quantum-circuits-snaps-up-47m-for-quantum-computing-as-a-service/
- 2017: $2.7m globalventuring.com/university/oxford-quantum-calculates-2-7m/
When you fail a HR interview, then you know you've reached rock bottom.
Investments:
- 2024: 75m GBP
- 2023-04: 15m GBP: www.uktech.news/deep-tech/riverlane-series-b-20230424 At 100 employeed on LinkedIn, this should keep them going for two more years.
- 2022 500k GBP: www.uktech.news/deep-tech/riverlane-rigetti-quantum-innovate-uk-20220628 by Innovate UK for joing project with Rigetti Computing to work on quantum error correction
As of 2021, their location is a small business park in Haywards Heath, about 15 minutes north of Brighton[ref]
Funding rounds:
- 2022:
- 67m euro contract with the German government: www.uktech.news/deep-tech/universal-quantum-german-contract-20221102 Both co-founders are German. They then immediatly announced several jobs in Hamburg: apply.workable.com/universalquantum/?lng=en#jobs so presumably linked to the Hamburg University of Technology campus of the German Aerospace Center.
- medium.com/@universalquantum/universal-quantum-wins-67m-contract-to-build-the-fully-scalable-trapped-ion-quantum-computer-16eba31b869e
- 2021: $10M (7.5M GBP) grant from the British Government: www.uktech.news/news/brighton-universal-quantum-wins-grant-20211105This grant is very secretive, very hard to find any other information about it! Most investment trackers are not listing it.The article reads:Interesting!
Universal Quantum will lead a consortium that includes Rolls-Royce, quantum developer Riverlane, and world-class researchers from Imperial College London and The University of Sussex, among others.
A but further down the article gives some more information of partners, from which some of the hardware vendors can be deduced:The consortium includes end-user Rolls-Royce supported by the Science and Technology Facilities Council (STFC) Hartree Centre, quantum software developer Riverlane, supply chain partners Edwards, TMD Technologies (now acquired by Communications & Power Industries (CPI)) and Diamond Microwave
- Edwards is presumably Edwards Vacuum, since we know that trapped ion quantum computers rely heavily on good vacuum systems. Edwards Vacuum is also located quite close to Universal Quantum as of 2022, a few minutes drive.
- TMD Technologies is a microwave technology vendor amongst other things, and we know that microwaves are used e.g. to initialize the spin states of the ions
- Diamond Microwave is another microwave stuff vendor
The money comes from UK's "Industrial Strategy Challenge Fund".www.riverlane.com/news/2021/12/riverlane-joins-7-5-million-consortium-to-build-error-corrected-quantum-processor/ gives some more details on the use case provided by Rolls Royce:The work with Rolls Royce will explore how quantum computers can develop practical applications toward the development of more sustainable and efficient jet engines.This starts by applying quantum algorithms to take steps to toward a greater understanding of how liquids and gases flow, a field known as 'fluid dynamics'. Simulating such flows accurately is beyond the computational capacity of even the most powerful classical computers today.This funding was part of a larger quantum push by the UKNQTP: www.ukri.org/news/50-million-in-funding-for-uk-quantum-industrial-projects/ - 2020: $4.5M (3.5M GBP) www.crunchbase.com/organization/universal-quantum. Just out of stealth.
Co-founders:
- Sebastian Weidt. He is German, right? Yes at youtu.be/SwHaJXVYIeI?t=1078 from Video 3. "Fireside Chat with with Sebastian Weidt by Startup Grind Brighton (2022)". The company was founded by two Germans from Essex!
- Winfried Hensinger: if you saw him on the street, you'd think he plays in a punk-rock band. That West Berlin feeling.
Homepage says only needs cooling to 70 K. So it doesn't work with liquid nitrogen which is 77 K?
Homepage points to foundational paper: www.science.org/doi/10.1126/sciadv.1601540