About Quantum Motion
Quantum Motion is a company based in Oxford (United Kingdom) founded in 2017 by Simon Benjamin and John Morton.. Quantum Motion has raised $60.35 million across 5 funding rounds from investors including Porsche, IP Group and European Union. The company has 2 employees as of December 31, 2023. Quantum Motion offers products and services including Scalable Qubit Array and Quantum Computing Platform. Quantum Motion operates in a competitive market with competitors including Rigetti Computing, Quantum Circuits Limited, Oxford Ionics, Quantum Circuits and Atlantic Quantum, among others.
- Headquarter Oxford, United Kingdom
- Employees 2 as on 31 Dec, 2023
- Founders Simon Benjamin, John Morton
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Sectors
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 Quantum Motion Technologies Limited
- Date of Incorporation 14 Jul, 2017
- Jurisdiction LONDON, GREATER LONDON, ENGLAND
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Annual Revenue
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Net Profit
$-888.9 K (USD)0as on Jul 31, 2019
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EBITDA
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Total Equity Funding
$60.35 M (USD)
in 5 rounds
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Latest Funding Round
$50.54 M (USD), Series B
Feb 20, 2023
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Investors
Porsche
& 10 more
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Employee Count
2
as on Dec 31, 2023
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Products & Services of Quantum Motion
Quantum Motion offers a comprehensive portfolio of products and services, including Scalable Qubit Array and Quantum Computing Platform. 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.
Technology platform for silicon-based quantum computing architectures.
System for tackling problems in chemistry, medicine, and AI using silicon.
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Funding Insights of Quantum Motion
Quantum Motion has successfully raised a total of $60.35M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $50.54 million completed in February 2023. 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 5
- Last Round Series B — $50.5M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series B - Quantum Motion | Valuation | Robert Bosch Venture Capital | |
| Sep, 2020 | Amount | Grant - Quantum Motion | Valuation |
investors |
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| May, 2020 | Amount | Series A - Quantum Motion | Valuation | Inkef |
| 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 |
Investors in Quantum Motion
Quantum Motion has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Porsche, IP Group and European Union. 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 investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Investment management services for science ventures are provided in Oxford.
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Founded Year | Domain | Location | |
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Venture capital co-investments are made in UK later-stage businesses.
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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 Quantum Motion
| 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 - Quantum Motion
| 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 |
Quantum Motion Comparisons
Competitors of Quantum Motion
Quantum Motion 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 Rigetti Computing, Quantum Circuits Limited, Oxford Ionics, Quantum Circuits and Atlantic Quantum, 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 |
Full-stack quantum computing solutions using superconducting qubits are developed.
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| domain | founded_year | HQ Location |
Quantum computers using superconducting qubits are developed.
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| domain | founded_year | HQ Location |
Quantum computers are provided using superconducting qubits and trapped ions.
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| domain | founded_year | HQ Location |
Superconducting quantum circuits are developed for modular quantum computers.
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| domain | founded_year | HQ Location |
Developer of quantum computers for computations and processing information
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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 Quantum Motion
Frequently Asked Questions about Quantum Motion
When was Quantum Motion founded?
Quantum Motion was founded in 2017.
Where is Quantum Motion located?
Quantum Motion is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Who is the current CEO of Quantum Motion?
James Palles Dimmock is the current CEO of Quantum Motion.
Is Quantum Motion a funded company?
Quantum Motion is a funded company, having raised a total of $60.35M across 5 funding rounds to date. The company's 1st funding round was a Series A of $9.81M, raised on Dec 15, 2017.
How many employees does Quantum Motion have?
As of Dec 31, 2023, the latest employee count at Quantum Motion is 2.
What does Quantum Motion do?
Quantum Motion was founded in 2017 in Oxford, United Kingdom, focusing on quantum computing technology. A high-density universal quantum computer is developed using a CMOS-compatible process on silicon chips, enabling scalability for cloud applications. The technology is targeted for use in chemistry, medicine, and artificial intelligence sectors, with operations centered on advancing silicon-based quantum systems.
Who are the top competitors of Quantum Motion?
Quantum Motion's top competitors include Rigetti Computing, Oxford Ionics and Atlantic Quantum.
What products or services does Quantum Motion offer?
Quantum Motion offers Scalable Qubit Array and Quantum Computing Platform.
Who are Quantum Motion's investors?
Quantum Motion has 11 investors. Key investors include Porsche, IP Group, European Union, Sony Innovation Fund, and Octopus Ventures.
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