About PhaseCraft
PhaseCraft is a company based in Bristol (United Kingdom) founded in 2019 by John Morton, Ashley Montanaro, and Toby Cubitt.. PhaseCraft has raised $56.42 million across 4 funding rounds from investors including UCL Technology Fund, AlbionVC and Episode 1 Ventures. The company has 13 employees as of February 28, 2022. PhaseCraft offers products and services including Quantum Algorithms and Materials Database. PhaseCraft operates in a competitive market with competitors including PASQAL, HQS Quantum Simulations, BosonQ Psi, Good Chemistry and Materials Nexus, among others.
- Headquarter Bristol, United Kingdom
- Employees 13 as on 28 Feb, 2022
- Founders John Morton, Ashley Montanaro, Toby Cubitt
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Sectors
Chemicals & MaterialsIndustrial Goods & Manufacturing Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Phasecraft Limited
- Date of Incorporation 19 Feb, 2018
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.42 M (USD)
in 4 rounds
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Latest Funding Round
$34 M (USD), Series B
Sep 02, 2025
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Investors
UCL Technology Fund
& 10 more
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Employee Count
13
as on Feb 28, 2022
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Products & Services of PhaseCraft
PhaseCraft offers a comprehensive portfolio of products and services, including Quantum Algorithms and Materials Database. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Development of algorithms for quantum computing applications
Platform for quantum science materials and research data
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Funding Insights of PhaseCraft
PhaseCraft has successfully raised a total of $56.42M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $34 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $34.0M
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First Round
First Round
(29 May 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series B - PhaseCraft | Valuation | Plural | |
| Aug, 2023 | Amount | Series A - PhaseCraft | Valuation |
investors |
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| Dec, 2020 | Amount | Seed - PhaseCraft | Valuation | LocalGlobe |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PhaseCraft
PhaseCraft has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include UCL Technology Fund, AlbionVC and Episode 1 Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on investing in tech startups
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Founded Year | Domain | Location | |
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Seed & early-stage tech-focused venture capital firm
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Founded Year | Domain | Location | |
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Tech companies are invested in by Parkwalk venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PhaseCraft
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PhaseCraft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Phasecraft Comparisons
Competitors of PhaseCraft
PhaseCraft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PASQAL, HQS Quantum Simulations, BosonQ Psi, Good Chemistry and Materials Nexus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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| domain | founded_year | HQ Location |
Quantum simulation software for chemical and pharmaceutical sectors is provided.
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| domain | founded_year | HQ Location |
Provides quantum algorithms for faster simulations in aerospace and defense sectors.
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| domain | founded_year | HQ Location |
AI and cloud-powered quantum simulations for chemicals are provided.
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| domain | founded_year | HQ Location |
AI-powered quantum simulation platform is developed for material discovery.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Phasecraft
Frequently Asked Questions about PhaseCraft
When was PhaseCraft founded?
PhaseCraft was founded in 2019.
Where is PhaseCraft located?
PhaseCraft is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Is PhaseCraft a funded company?
PhaseCraft is a funded company, having raised a total of $56.42M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.96M, raised on May 29, 2019.
How many employees does PhaseCraft have?
As of Feb 28, 2022, the latest employee count at PhaseCraft is 13.
What does PhaseCraft do?
PhaseCraft was founded in 2019 in Bristol, United Kingdom, within the quantum computing sector. Quantum theory and software are supplied to enable quantum computers in investigating novel quantum materials, simulating chemical reactions, and addressing constraint satisfaction problems. A platform is offered that incorporates proprietary methods for encoding and compiling materials onto quantum hardware, supporting research and development operations.
Who are the top competitors of PhaseCraft?
PhaseCraft's top competitors include HQS Quantum Simulations, PASQAL and Materials Nexus.
What products or services does PhaseCraft offer?
PhaseCraft offers Quantum Algorithms and Materials Database.
Who are PhaseCraft's investors?
PhaseCraft has 11 investors. Key investors include UCL Technology Fund, AlbionVC, Episode 1 Ventures, Parkwalk, and Turquoise.
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