Press Release
November 28, 2023

Goodwin Advises OQC In UK’s Largest Ever Quantum Computing Series B Round

The Goodwin London Technology team is advising OQC, the global leaders in quantum compute-as-a-service (QCaaS), on its US$100 million Series B financing, which is the UK’s largest ever Series B in quantum computing. The ongoing funding round, announced at the Global Investment Summit, is being led by Japanese venture capital fund SBI Investment and also included Oxford Science Enterprises (OSE), University of Tokyo Edge Capital (UTEC), Lansdowne Partners and OTIF, acted by Oxford Investment Consultants.

OQC is the globally leading enterprise-ready quantum compute company that has just announced the public launch of OQC Toshiko, a powerful and secure 32-qubit quantum computing platform. This world-first platform is especially important for customers handling sensitive data, in sectors such as financial services, pharmaceuticals, energy, defence and government.

The Goodwin team is being led by Andrew Davis, Elizabeth Rhodes, Emily Townsend, Charles Baker and Amie Corry.

Commenting on the news, Ilana Wisby, Chief Executive Officer at OQC, said: “To solve the world’s most pressing challenges – from climate change to accelerated drug discovery – we need to put quantum computers in the hands of humanity and at the fingertips of our most brilliant minds. We’re proud to be pioneering enterprise ready quantum with our customers, partners and investors.”

For additional details on the financing, please read the press release here.