Phasecraft

SoftwareSeries BLondon, UKphasecraft.io

Latest round

Series B

Last raised

May 2025

Total raised

$55M

Investors

9

About Phasecraft

Phasecraft Limited is a technology company that specializes in quantum computing solutions. Founded in 2018 in London, UK, by Ashley Montanaro, John Morton, and Toby Cubitt, Phasecraft has completed a total of 3 deals. Phasecraft specializes in developing quantum algorithms that enhance quantum computing capabilities. The company provides tailored quantum solutions across various sectors, including pharmaceuticals, materials science, and finance. By collaborating with leading quantum hardware developers like Google, IBM, and Rigetti, Phasecraft ensures that its algorithms effectively utilize the strengths of these quantum platforms. Their primary markets include Europe and North America, focusing on research institutions and technology sectors where quantum computing can address complex computational challenges. Phasecraft's revenue model is based on partnerships and collaborations with technology companies and research organizations, using a B2B transaction structure. The company engages clients through multi-year contracts that provide access to its proprietary quantum algorithms and ongoing integration support. Clients incur fees for using these advanced algorithms, including initial setup and recurring maintenance charges. The company's services aim to deliver high-value solutions that meet the unique computational needs of its partners in the quantum computing sector.

Who invested in Phasecraft

9 investors across 3 rounds

See all investors in Phasecraft

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    May 16, 2025

    Amount

    $34M

    Investors

    Locked

  2. Series A

    Aug 7, 2023

    Amount

    $17M

    Investors

    Locked

  3. Seed

    Dec 10, 2020

    Amount

    $4.9M

    Investors

    Locked

Questions about Phasecraft

Who invested in Phasecraft?

Phasecraft has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Phasecraft raised?

Phasecraft has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Phasecraft last raise money?

Phasecraft's most recent round on record is a Series B, in May 2025.

What does Phasecraft do?

Phasecraft Limited is a technology company that specializes in quantum computing solutions.

Where is Phasecraft headquartered?

Phasecraft is headquartered in London, UK.

Which VCs invest in companies like Phasecraft?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Phasecraft's stage. Their profiles are linked below.

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