# Oxford Ionics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oxford-ionics

- Industry: Electronics
- Headquarters: Oxford, UK
- Website: www.oxionics.com
- Total disclosed funding: $33M
- Latest round: Series A (Sep 8, 2022)
- Investors on record: 8

## About

Based in Oxfordshire, UK, and founded in 2019 by Tom Harty and Chris Ballance, Oxford Ionics is an electrical, and electronics manufacturing company that develops quantum computers. In January 2023, Oxford Ionics raised GBP 30 million in Series A funding co-led by Oxford Sciences Enterprises and investor Braavos Investment Advisers, with participation from 2xN, Lansdowne Partners (UK), Prosus, and Torch Partners.

The company creates quantum computers in which stable electronic states of charged atomic particles, referred to as 'ions,' are used to store qubits with quantum information transferred via an orchestrated motion of ions in a shared trap. The firm’s technology combines qubits, trapped ions, and a patented noiseless electronic qubit control technology to create high-performing quantum computers.
The company intends to use the January 2023 funds to fuel its expansion and accelerate research and development, primarily through new hires.

## Funding rounds

- Series A, Sep 8, 2022, $30M — Lansdowne Partners, Oxford Sciences Enterprises, Prosus Ventures, Braavos Investment Advisers, 2xN, Torch Partners
- Seed, Jun 12, 2020, $3.3M — Longview Innovation, Oxford Sciences Enterprises, ATMOS Ventures

## Investors

- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed
- Oxford Sciences Enterprises (https://capitalatlas.ai/funds/oxford-sciences-enterprises) — Seed, Series A
- ATMOS Ventures (https://capitalatlas.ai/funds/atmos-ventures) — Seed
- Lansdowne Partners (https://capitalatlas.ai/funds/lansdowne-partners) — Series A
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series A
- Braavos Investment Advisers (https://capitalatlas.ai/funds/braavos-investment-advisers) — Series A
- 2xN (https://capitalatlas.ai/funds/2xn) — Series A
- Torch Partners — Series A