Amount$10M
SeriesSeed
AnnouncedJul 1, 2020
SectorQuantum Computing
Sub-sectorQuantum Computing
RegionUnited Kingdom
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Seed round (3.6×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Quantum Computing (99)
Round size in sector40th pct
$43Kthis round: $10M$70M