Quantum
QuantrolOx raised €12 million in its Series A funding round.
Publication: The Quantum Insider
Author: Matt Swayne
Source published: 27/10/2026, 16:57:14 UTC
Briefing created: 27/10/2026, 22:07:48 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 27/10/2026, 18:04:24 UTC.
Briefings
QuantrolOx, a University of Oxford spinout based in Finland, raised €12 million in a Series A2 round led by IW Capital and co-invested by the European Innovation Council (EIC) Fund. The company expanded its quantum hardware automation and workforce training business internationally, with a new US office in Berkeley, California, and a five-year collaboration with UC Berkeley. The funding supports three products: Quantum EDGE for hardware calibration, Quantum EDGE Academy for training, and VIDYAQAR for superconducting quantum systems. Total funding reached approximately $31 million or €28 million.
Key points
- QuantrolOx raised €12 million in a Series A2 round led by IW Capital with EIC Fund co-investment to expand its quantum hardware automation and training business internationally.
- The company's three products support quantum hardware development, practical workforce training, and superconducting quantum computing research and education.
Context
QuantrolOx is a University of Oxford spinout headquartered in Finland with offices in the UK, Netherlands, US, and India. The funding supports product deployments, expanded training offerings, and growth of its US team following the opening of its Berkeley office and a five-year collaboration agreement with UC Berkeley.
Limitations
Evidence is limited to a press release from October 2026. Specific financial figures are presented as rounded estimates (~$31 million or ~€28 million). Future performance, market adoption rates, and long-term scalability of the three products are not quantified in the source.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 27/10/2026, 22:07:48 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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