🏆 Deal of the Week · CW 8/2023
Quantum Motion raised GBP 42M in its Series B round in February 2023; the post-money valuation was not disclosed. The round drew participation from nine investors spanning deep-tech venture capital, corporate venture arms, and government-backed funds, with no single lead investor identified.
Quantum Motion — key deal facts
| Company | Quantum Motion |
| Founded | 2017 |
| Headquarters | London, United Kingdom |
| Amount raised | GBP 42M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | British Patient Capital (https://www.britishpatientcapital.co.uk/) Inkef (https://medium.com/inkef-capital) IP Group (https://www.ipgroupplc.com/) National Security Strategic Investment Fund Octopus Ventures (https://octopusventures.com/) Oxford Science Enterprises (https://www.oxfordscienceenterprises.com/) Parkwalk Advisors (https://parkwalkadvisors.com/) Porsche Automobil Holding (https://www.porsche-se.com/unternehmen/ueber-uns/) Robert Bosch Venture Capital (https://www.rbvc.com/) |
| Sectors | Electronics |
Who invested in Quantum Motion?
The round was backed by British Patient Capital, Inkef, IP Group, the National Security Strategic Investment Fund, Octopus Ventures, Oxford Science Enterprises, Parkwalk Advisors, Porsche Automobil Holding, and Robert Bosch Venture Capital. The investor mix is notable for combining UK government-linked capital — British Patient Capital and the National Security Strategic Investment Fund — with strategic industrial backers in Porsche Automobil Holding and Robert Bosch Venture Capital, signalling both national-security relevance and cross-sector industrial interest in silicon-based quantum computing. The presence of Oxford Science Enterprises and IP Group further reflects Quantum Motion's roots in deep academic research.
What does Quantum Motion do?
Quantum Motion, founded in 2017 by Dr. John Morton and Dr. Simon Benjamin, develops utility-scale quantum computers built on industry-standard silicon CMOS transistors. Its flagship product is a full-stack silicon CMOS quantum computer designed to fit within standard data-centre racks, claiming a 100-fold reduction in cost and physical footprint and a 1,000-fold reduction in energy consumption relative to competing quantum computing architectures. The company is headquartered in London, United Kingdom, and is led by CEO James Palles-Dimmock.
Quantum Motion valuation & multiples
No existing multiples analysis was provided for this deal, and Quantum Motion's valuation was not disclosed, precluding an EV/Sales or EV/EBITDA derivation at this stage. Investors and analysts seeking valuation benchmarks for deep-tech quantum computing and electronics companies can consult the relevant sector multiples pages on DealMatrix for comparable transaction data and current trading ranges.
Explore the benchmarks: Series B.
Frequently asked questions
How much did Quantum Motion raise in its Series B?
Quantum Motion raised GBP 42M in its Series B round in February 2023.
What is Quantum Motion's valuation?
Quantum Motion's valuation was not disclosed in connection with this Series B round.
Who invested in Quantum Motion?
The Series B investors include British Patient Capital, Inkef, IP Group, the National Security Strategic Investment Fund, Octopus Ventures, Oxford Science Enterprises, Parkwalk Advisors, Porsche Automobil Holding, and Robert Bosch Venture Capital.
When was Quantum Motion founded and where is it based?
Quantum Motion was founded in 2017 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.