Phasecraft

Quantum Algorithms for Real-World Advantage

Bristol, United Kingdom · Founded 2019 · $88.5M raised

Headquarters
Bristol
Employees
11–50
Founded
2019
Business Model
B2B
Total Funding
$88.5M
Last Round
$32.0M Series AApr 2026
Rounds
5

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

About

Phasecraft is a quantum algorithms company building the mathematical foundations for practical quantum computing applications. The company develops hardware-agnostic algorithms targeting real-world problems in materials science, chemistry, energy optimization, and pharmaceuticals. Phasecraft participates in DARPA's Quantum Benchmarking Initiative and ARPA-E's QC3 program, and publishes research on fermionic quantum circuits and many-body quantum simulation.

Summary

Phasecraft is a Deep Tech company based in Bristol, United Kingdom, founded in 2019. It has raised $88.5M in total across 5 rounds, most recently a $32.0M Series A round in Apr 2026. Investors include LocalGlobe, Plural and Playground Global.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series ASeries AApr 2026
$32.0M

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

Investors

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