UK quantum outfit Quantum Motion run on silicon chips raises $160M

A UK university spinout, which builds full-stack quantum computers made with the same silicon chip technology used in laptops and phones, has raised $160m in an investment round, it said today. The Series C funding round in Quantum Motion was co-led by US VC DCVC and Spanish deeptech investor Kembara with participation from British Business Bank and Firgun. Also investing were Oxford Science Enterprises, Inkef and Bosch Ventures.