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Oxford Quantum Circuits (OQC)
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Enterprise quantum hardware and QCaaS
Oxford Quantum Circuits (OQC)
Work Here?
Enterprise quantum hardware and QCaaS
Overview
Oxford Quantum Circuits (OQC) provides Quantum Computing as-a-Service (QCaaS) built around superconducting qubits and its proprietary Coaxmon architecture. Clients gain access to quantum computing through direct access, managed services, cloud platforms, or colocation data centers, with hardware and software managed by OQC. The Coaxmon qubit design and integration into a scalable QCaaS platform enable users to run quantum workloads without owning and maintaining hardware. OQC differentiates itself through its Oxford university origins, its flagship UK QCaaS platform, and ongoing expansion across Europe and Asia, focusing on enterprise solutions in areas such as climate analytics and artificial intelligence. The company aims to make quantum computing broadly available to businesses by delivering reliable, scalable quantum hardware and service models, supported by ongoing R&D and scalable operations.
About Oxford Quantum Circuits (OQC)
Industries
Data & Analytics
Hardware
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$503.8M
Headquarters
Reading, United Kingdom
Founded
2017
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Simplify's Take
What believers are saying
- OQC's superconducting aluminium qubits offer near-zero resistance and ultra-fast gate speeds critical for finance and defence
- OQC raised 260M in Europe's largest private quantum funding round, supported by Bullhound Capital and British Business Bank
- OQC partnered with Classiq to automate quantum circuit development, streamlining enterprise access and integration with quantum processors
What critics are saying
- IBM's 1,121-qubit Condor processor will outpace OQC's 32-qubit system in raw scale, eroding QCaaS value for complex optimization
- OQC's 32-qubit system failure rate exceeds 0.5% per gate, making it unreliable for JPMorganChase financial modeling workloads
- OQC's Coaxmon architecture suffers uncontrolled cross-talk at cryogenic temperatures, causing 40% coherence loss and halting R&D scaling
What makes Oxford Quantum Circuits (OQC) unique
- OQC's Coaxmon architecture enables out-of-plane control, removing wiring and allowing dense 32+ qubit packing on a single die
- OQC deployed the Toshiko 32-qubit device across secure data centres in UK, Japan, Spain, and soon New York
- OQC's GENESIS device marks a shift into the logical era, aiming for first useful applications by end of decade
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Funding
Total Funding
$503.8M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↑ 0%Oversubscribed Series C will scale OQC’s international footprint and deployed quantum infrastructure.
Oxford Quantum Circuits, a quantum computer manufacturer, has secured $100 million in a Series B funding round led by venture capital fund SBI Investment, with participation from Oxford Science Enterprises, the University of Tokyo Edge Capital and others.
Oxford Quantum Circuits has teamed up with quanmatic inc. and Waseda University on the development of algorithms for quantum computers.
Oxford Quantum Circuits (OQC) is Hiring for 25 Jobs on Simplify!
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About Oxford Quantum Circuits (OQC)
Industries
Data & Analytics
Hardware
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$503.8M
Headquarters
Reading, United Kingdom
Founded
2017
Oxford Quantum Circuits (OQC) is Hiring for 25 Jobs on Simplify!
Find jobs on Simplify and start your career today