Quantum Motion Raises US$160 Mln To Advance Silicon-Based Quantum Computing
KUALA LUMPUR, May 11 (Bernama) -- Quantum Motion announced a US$160 million Series C funding round to commercialise its silicon transistor-based quantum computing technology designed for scalable and energy-efficient deployment. (US$1 = RM3.91)
In a statement, Quantum Motion said the round was co-led by DCVC and Kembara, with participation from new investors, British Business Bank and Firgun, alongside existing backers.
The financing would support the development of utility-scale quantum computers designed to fit within standard data centre infrastructure, avoiding the need for specialised facilities and high energy consumption associated with some alternative quantum architectures.
Quantum Motion Chief Executive Officer, James Palles-Dimmock said scalable quantum computing would depend on platforms capable of industrial-scale deployment, with silicon providing a commercially viable pathway.
The company said its silicon-based approach, built on semiconductor technologies used in conventional consumer electronics, could deliver a 100-fold reduction in cost and space requirements and a 1,000-fold reduction in energy consumption compared with alternative systems.
Quantum Motion said growing investment in high-performance computing and artificial intelligence infrastructure has increased pressure on power grids and data-centre capacity, making energy-efficient quantum computing architectures increasingly important.
Since its previous funding round in 2023, the company has expanded operations into Spain and Australia and strengthened its manufacturing partnership with GlobalFoundries.
The company also highlighted deployment of a full-stack silicon CMOS quantum computer at the United Kingdom National Quantum Computing Centre in 2025, as well as advancement to Stage B of the Defense Advanced Research Projects Agency’s Quantum Benchmarking Initiative.
Returning investors in the funding round are Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Holding SE and Parkwalk Advisors.
-- BERNAMA