About Quantum Computing sector in Europe
The Quantum Computing sector in Europe comprises 351 companies, including 132 funded companies having collectively raised $4.88B in venture capital money and private equity. Out of these, 57 are Series A+ funded, and 1 has achieved unicorn status.
Quantum Computing sector in Europe has seen 6 acquisitions and 5 IPOs.
This sector includes companies and organisations using key principles of quantum mechanics, primarily superposition and entanglement, to develop quantum computers, enabling components, software and applications.
Quantum Computing sector is also known as Quantum Mechanics Technology.
Companies working in the value chain of quantum computing which includes hardware, software, enabling technologies and industrial applications. It also includes research labs dedicated for quantum technology; and companies providing quantum-exclusive consultancy services. Incubators and investment consultancies for quantum technology; content platforms for quantum computing; Service providers who are not quantum-first; Fast computing technologies, such as high-throughput computing, parallel, concurrent, distributed computing, supercomputer, etc., which may be claimed to be at par with quantum computing are excluded.
Top Quantum Computing Companies in Europe
There are 351 Quantum Computing startups in Europe which include IQM, Oxford Ionics, Multiverse Computing, Nu Quantum, PhaseCraft. Out of these, 132 startups are funded, with 57 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 25 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, University of Oxford and Imperial College London.
Here is the list of top Quantum Computing startups in Europe
1. IQM
Developer of superconducting quantum computers. Its features include quantum processors with on-chip components that increase QPU clock speed for error correction, as well as application-specific processors and quantum operations.
Key facts about IQM
- Founded Year: 2018
- Location: Espoo (Finland)
- Stage: Series B
- Total Funding till date: $600M
- Investors: MIG Capital, OpenOcean and 25 Others
- Latest Funding Round: Series B, Sep 03, 2025, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 1 of 25 Competitors
Provider of quantum computers. It provides users with superconducting qubits as their physical support for Universal Quantum computers. It offers quantum computers by combining the qubits and trapped ions by using noiseless electronic qubit control technology.
Key facts about Oxford Ionics
- Founded Year: 2019
- Location: Oxford (United Kingdom)
- Stage: Acquired
- Total Funding till date: $48.4M
- Investors: Braavos, British Business Bank and 9 Others
- Latest Funding Round: Series A, Aug 31, 2023, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 16 Competitors
Provider of AI and QC-enabled software solutions for the finance industry. It provides AI and quantum computing-enabled software solutions for the finance industry. Claims to leverage quantum computing and artificial intelligence technologies to develop solutions related to portfolio optimization problems, risk analysis, and market simulation.
Key facts about Multiverse Computing
- Founded Year: 2019
- Location: San Sebastian (Spain)
- Stage: Series B
- Total Funding till date: $326M
- Investors: Bullhound Capital, Columbus Venture Partners and 26 Others
- Latest Funding Round: Series B, Jun 12, 2025, $*****
- Tracxn Score: 65/100 What is this?
4. Nu Quantum
Developer of quantum cryptography systems. It develops modular hardware based on single-photon source array technology for quantum cyber security. It also provides a quantum random number generator which generates secure encryption keys, and a quantum key distribution system that provides quantum-secure communication.
Key facts about Nu Quantum
- Founded Year: 2018
- Location: Cambridge (United Kingdom)
- Stage: Series A
- Total Funding till date: $72.1M
- Investors: Amadeus Capital, National Grid Partners and 16 Others
- Latest Funding Round: Series A, Dec 10, 2025, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 1 of 30 Competitors
5. PhaseCraft
Provider of quantum simulation systems. The company is providing quantum theory and software that will enable quantum computers to investigate novel quantum materials to simulate chemical reactions and to solve hard constraint satisfaction problems. It also provides users with a platform that offers proprietary material simulation approaches for encoding and compiling materials on quantum hardware.
Key facts about PhaseCraft
- Founded Year: 2019
- Location: Bristol (United Kingdom)
- Stage: Series B
- Total Funding till date: $56.4M
- Investors: UCL Technology Fund, Plural and 11 Others
- Latest Funding Round: Series B, Sep 02, 2025, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 1 of 23 Competitors
Companies founded year-on-year in the Quantum Computing sector in Europe
53 Quantum Computing startups in Europe were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 7 |
2024 | 25 |
2023 | 25 |
2022 | 53 |
2021 | 44 |
2020 | 34 |
2019 | 25 |
2018 | 19 |
2017 | 21 |
Stage-wise distribution of Quantum Computing sector companies in Europe
Out of the total 351 Quantum Computing companies in Europe, 132 have secured funding. Among them, 57 have reached Series A or higher, and 24 to Series B or beyond.
Founded - 351
Funded - 132
Series A+ - 57
Series B+ - 24
Series C+ - 14
Company Stage | No. of companies |
|---|---|
Founded | 351 |
Funded | 132 |
Series A+ | 57 |
Series B+ | 24 |
Series C+ | 14 |
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Funding Trends in the Quantum Computing sector in Europe
Total funding year-on-year in the Quantum Computing sector in Europe
The Quantum Computing sector in Europe saw a total funding of more than $4.07B in the last 10 years. The most amount of funding was in 2025 at more than $1.24B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $1.24B |
2024 | $630M |
2023 | $546M |
2022 | $505M |
2021 | $880M |
2020 | $179M |
2019 | $55.9M |
2018 | $10.8M |
2017 | $7.28M |
Recent Funding Rounds in Quantum Computing in Europe
In the year 2025, till December 2025, Quantum Computing companies in Europe have raised $1.21B in equity funding across 35 rounds.
In the same period last year (i.e. till December 2024), Quantum Computing companies in Europe had raised $297M across 23 rounds.
So, 2025 has seen a 307.27% rise in funding in Quantum Computing companies in Europe as compared to 2024.
Here are some recent, important funding rounds in Quantum Computing companies in Europe:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 2541 | Dec 10, 2025 | ||
Series A | 8838 | Dec 02, 2025 | and 3 more | |
Series A | 3194 | Nov 21, 2025 | ||
Seed | 6463 | Nov 10, 2025 | ||
Series B | 2021 | Oct 30, 2025 |
Top Investors in Quantum Computing in Europe
Europa is the top investor in Quantum Computing companies in Europe based on number of companies invested.
Here are some top investors in Quantum Computing companies in Europe:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Paris (France) | ||
Brussels (Belgium) | ||
London (United Kingdom) | ||
Munich (Germany) |
M&A activity in Quantum Computing sector in Europe
In the year 2025, till June 2025, 2 acquisitions happened in Quantum Computing sector in Europe. Last year, in 2024, a total of 1 acquisition happened in Quantum Computing sector in Europe.
Here are some recent, important acquisitions in Quantum Computing sector in Europe:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 09, 2025 | ||
Business Acquisition | May 06, 2025 | ||
Business Acquisition | Jul 11, 2024 | ||
Acqui-Hired | Dec 17, 2021 | ||
Business Acquisition | Jul 01, 2021 |
Acquisition trends in Quantum Computing sector in Europe
Here are the acquisition trends in Quantum Computing sector in Europe:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 1 |
2023 | - |
2022 | - |
2021 | 3 |
2020 | - |
2019 | - |
2018 | 1 |
2017 | - |
IPOs in Quantum Computing in Europe
In the year 2025, till April 2025, 1 IPO happened in Quantum Computing sector in Europe.
Here are some recent, important IPOs in Quantum Computing sector in Europe:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 04, 2025 | London Stock Exchange (LSE) | |
Sep 07, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jun 23, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most Quantum Computing companies in Europe
Companies founded by alumni from top colleges in the Quantum Computing in Europe
Most number of Quantum Computing startups in Europe have been founded by alumni from University of Cambridge, University of Oxford and Imperial College London.
College | No. of companies |
|---|---|
University of Cambridge | 11 |
University of Oxford | 11 |
Imperial College London | 7 |
University of Bristol | 4 |
Technical University of Munich | 3 |
University College London | 3 |
King’s College London | 2 |
London Business School (LBS) | 2 |
Stanford University | 2 |
University of California (Berkeley) | 2 |
Total funding in Quantum Computing companies founded by alumni from top colleges in Europe
In the last 10 years, University of Edinburgh graduates' Quantum Computing companies in Europe have raised the most funding among top colleges. University of Cambridge alumni are second, and University of Oxford alumni are third.
College | Total Funding |
|---|---|
University of Edinburgh | $329M |
University of Cambridge | $317M |
University of Oxford | $180M |
Imperial College London | $115M |
University of Warwick | $72.1M |
University College London | $58M |
University of Bristol | $31.9M |
London Business School (LBS) | $23.4M |
Stanford University | $23.4M |
University of California (Berkeley) | $11.5M |
Top News in Quantum Computing in Europe
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SEALSQ boosts Quantum Investment Fund to Over $100 Million for European SovereigntyQuantum Computing Report•Dec 10, 2025•SEALSQ
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British startup Phasecraft raises €29 million to advance quantum computing solutionsEU-Startups•Sep 02, 2025•PhaseCraft, Plural, Novo Holdings, Playground and 4 others
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SEALSQ and WISeKey Launch Quantum Corridor for Cross-Border DeepTech InnovationGlobeNewswire•Jul 01, 2025•SEALSQ, WISeKey
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WISeSat.Space Plans 100-Satellite Constellation with WISekey, SEALSQ by 2027GlobeNewswire•Jun 27, 2025•WISeKey, WISeSat.Space, SEALSQ
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Turkcell, Juniper partner on quantum-ready 5G security
Capacity Media•Jun 26, 2025•Turkcell, Juniper Networks, ID Quantique
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