Quantum Dice

Probabilistic hardware to redefine compute

Oxford, United Kingdom · Founded 2020 · $5.9M raised

Headquarters
Oxford
Employees
11–50
Founded
2020
Business Model
B2B
Total Funding
$5.9M
Last Round
$2.4M GrantJun 2025
Rounds
3

About

Quantum Dice is an award-winning quantum technology spin-out from the University of Oxford's Department of Physics, founded in 2020. Originally focused on quantum random number generators (QRNGs) for cryptographic security, the company has evolved to develop ORBIT — the first scalable, photonics-powered Probabilistic Processing Unit (PPU) delivering orders-of-magnitude gains in speed and energy efficiency over electronic approaches for NP-hard optimization problems. ORBIT targets use cases across logistics and supply chain, telecommunications, EDA and chip design, finance, infrastructure, and energy. The company holds DISC-certified QRNG products for cryptographic security applications and is backed by investors including Elaia, IP Group, Future Planet Capital, and Oxford Science Enterprises.

Summary

Quantum Dice is a Cybersecurity company based in Oxford, United Kingdom, founded in 2020. It has raised $5.9M in total across 3 rounds, most recently a $2.4M Grant round in Jun 2025. Investors include European Innovation Council Fund and Elaia.

Funding History

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GrantJun 2025
$2.4M

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Grant — per-round amounts, valuations, and who invested in each round.

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