Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Starmer agrees investment deal with Japan as EU deal questioned

      UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Adidas, Burberry and so much Beckham: The six best 2026 World Cup ad campaigns

      A screenshot capturing a significant moment from a news broadcast on June 11, 2026, at 12:17 PM, highlighting key details.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 07 May 2026 9:01 am  |  Updated:  Thursday 07 May 2026 9:02 am

Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment”

By: Business Wire

Add as a preferred source on Google

Quantum Motion, the leading company in silicon transistor-based quantum computing, today announced a $160 million Series C round to commercialise its scalable and energy-efficient approach to quantum computing. The round is co-led by DCVC and Kembara, with participation from new investors, the British Business Bank and Firgun, alongside existing investors. The financing positions Quantum Motion to deliver utility-scale and commercially viable quantum computers that fit inside existing standard data centres and racks.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507881033/en/

Quantum Motion

This financing round comes at a defining moment for the computing industry, as governments and industry invest heavily in next-generation HPC and AI systems that demand vast capital and infrastructure investments. Quantum is on course to become the next wave of computing to strain a power grid already being tested by AI data centres. In other approaches, a useful quantum computer is expected to demand infrastructure on an industrial scale, including multi-megawatt power consumption. Quantum Motion is built on the premise that this trajectory is neither inevitable nor affordable.

Quantum Motion’s silicon transistor-based approach – the same technology used in every smartphone and laptop chip manufactured today – enables delivering utility-scale systems with 100-fold reduction in cost and space requirements, and 1,000-fold reduction in energy consumption compared to alternatives. Its systems are designed for deployment into standard data-centre racks, avoiding the need for bespoke facilities and the heavy energy overhead associated with alternative architectures.

Since its last funding round in 2023, the company has expanded internationally, opening new offices and labs in Spain and Australia, and deepened its manufacturing partnership with GlobalFoundries, tying its roadmap directly into commercial semiconductor supply chains. In contrast to an industry that often competes on headline qubit counts and laboratory demonstrations, Quantum Motion has deliberately focused on industrial scalability, delivering the world’s first commercial deployment of a full-stack silicon CMOS quantum computer at the UK National Quantum Computing Centre (NQCC) in 2025 and advancing to Stage B of DARPA’s Quantum Benchmarking Initiative.

“Today’s announcement reflects the strength of the team we have built and the progress they have delivered. Quantum computing will only achieve its full potential if it can be built on a platform that scales, and we believe silicon is the strongest route to achieving that,” said Dr. James Palles-Dimmock, CEO of Quantum Motion. “We are pleased to be joined by investors who share our vision and understand what it takes to build a foundational company in this field.”

Quantum Motion co-founders Dr. John Morton (CTO) and Dr. Simon Benjamin (CSO) said: “As founders we were inspired by the breathtaking accomplishments of silicon technology, with city-like complexity delivered on centimetre scale chips. Now, Quantum Motion’s chips can be used not only for bits but also for qubits, unlocking a future in which quantum computers are both fast and ubiquitous.”

“Quantum is critical infrastructure for the next century of computing, AI, and security, and leadership will go to whoever can industrialise it,” said Dr. Prineha Narang, Operating Partner at DCVC. “DCVC led this investment in Quantum Motion because silicon is the foundation that scales, and this team is building on the CMOS advantage to turn quantum from a demonstration into a commercial success story.”

Yann de Vries, Partner and co-founder of Kembara, said: “If you believe quantum computing is going to be world-changing, as we do, then the obvious next question is which of the many ways of building one will actually work at scale? This investment signals our strong belief in where the answer lies.”

“The race for a fully scalable quantum computer is one of the defining technological challenges of our time,” said Charlotte Lawrence, Managing Director of Direct Equity, British Business Bank. “Quantum Motion’s unique approach that combines cutting-edge quantum physics with established silicon manufacturing provides a distinct global edge. We are no longer just theorizing about quantum computing but are actively starting to build the platforms to deliver it here in the UK.”

Alongside the new investors DCVC, Kembara, British Business Bank and Firgun, the Series C round is joined by returning backers Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Holding SE and Parkwalk Advisors.

About Quantum Motion

Quantum Motion is building utility-scale quantum computers using industry-standard silicon transistors. The proprietary architecture uses a scalable array of qubits, manufactured with the same silicon technology found in smartphones and computers. The result is the most scalable, cost-efficient and energy-efficient quantum computers, which also fit inside existing industry standard data centres. The company operates offices and labs in the UK, Spain and Australia. Learn more at www.quantummotion.com.

Quantum Motion founders celebrate $160M Series C funding, showcasing silicon transistor-based quantum computing advancements

View source version on businesswire.com: https://www.businesswire.com/news/home/20260507881033/en/

Contact

Press enquiries:
Debbie Caldwell or Chris Gibbs
[email protected]

Quantum Motion's QM One System at the UK's National Quantum Computing Centre (NQCC)
Quantum Motion silicon chip mounted on a PCB
Company Logo

Quantum Motion's QM One System at the UK's National Quantum Computing Centre (NQCC)

Quantum Motion silicon chip mounted on a PCB

Company Logo

Read more

The Quantum Effect: 41% of Large UK Enterprises Surveyed Expect Quantum Computing to Unlock More Than £100 Million in Value in as Little as One Year

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Businesswire

Categories

  • Funding
  • Photo/Multimedia
  • Product/Service

Trending Articles

  • Starmer agrees investment deal with Japan as EU deal questioned

  • Elon Musk becomes world’s first trillionaire after SpaceX mega float

  • US and Iran agree to peace deal’s text, negotiators say

  • Thames Water, energy grid, rent prices: Burnham drums up public control agenda

  • Trump ban on AI access to foreign users forces Anthropic to suspend models

More from CityAM

  • The Quantum Effect: 41% of Large UK Enterprises Surveyed Expect Quantum Computing to Unlock More Than £100 Million in Value in as Little as One Year

    Business Wire
  • D-Wave Announces Qubits Europe 2026 Quantum Computing User Conference

    Business Wire
  • SMBC and Toshiba Jointly Develop New Equity Indices Using Advanced Quantum-Driven Technologies

    Business Wire
  • OPAQUE Acquires Abu Dhabi-Developed Cryptographic AI Technology from TII, Extending Confidential AI Across the Full Lifecycle with Post-Quantum Protection

    Business Wire
  • Quantum could be Britain’s next tech breakthrough

    Opinion
    Advanced quantum computer with intricate circuits and glowing interface, illustrating cutting-edge technology innovations
  • Lansdowne Partners launches VC fund to scale UK innovation to global commercial success

    Business Wire
  • Semble Secures £30M Series C Investment Led by Revaia to Expand Europe’s Connected Healthcare Platform

    Business Wire
  • Three UK cities make world’s 10 ‘smartest’ tech hubs – and Oxford is higher than Silicon Valley

    Tech
    Oxford University spinouts showcasing innovation and entrepreneurship in a business setting
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited