Oxford Ionics

Acquired

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Oxford Ionics was founded in 2020, is headquartered in Oxford, United Kingdom, lists 51–200 employees, and has $36.0M in recorded funding across 1 round.

Headquarters
Oxford
Employees
51–200
Founded
2020
Business Model
B2B
Total Funding
$36.0M
Last Round
$36.0M Series AJan 2023
Rounds
1
Acquisition Date
Jun 2025

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 6 investors for this company. The full record is or through the API.

About

Oxford Ionics is a UK-based quantum computing company founded in 2020 by quantum physicists Dr. Chris Ballance and Dr. Tom Harty at the University of Oxford. The company uses trapped-ion technology combined with Electronic Qubit Control (EQC) — a proprietary approach that integrates qubit control onto standard semiconductor chips — to build high-performance, scalable, and data-centre-ready quantum computers. Oxford Ionics holds world records in all three quantum computing super metrics: single-qubit gate fidelity, two-qubit gate fidelity, and state preparation and measurement. Its customers include enterprise organizations across aerospace, defence, and research sectors such as NASA, Airbus, Nvidia, and Infineon, and in 2025 IonQ announced its intention to acquire the company for approximately $1.1 billion.

Summary

Oxford Ionics is a Developer Tools company based in Oxford, United Kingdom, founded in 2020. It lists 51–200 employees. It has raised $36.0M in total across 1 round, most recently a $36.0M Series A round in Jan 2023. Investors include IonQ, Oxford Science Enterprises and Braavos Ventures.

Tech & App Stack

3 technologies & apps tracked

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Funding & Exit History

AcquisitionJun 2025

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Funding: Series A. Amounts, valuations, and investors where available.

Investors

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