Startup · United Kingdom
Oxford Ionics
HQ Kidlington, United KingdomFounded 201951-200 employeesUpdated
Oxford Ionics are world-leading innovators, creating the unique technologies which will bring Quantum Computing from the theoretical to the indispensable.
Funding5 rounds · ~$42.5M
- Equity raised
- ~$42.5M
- Debt, secondaries & grants
- ~$6.2M
- Latest
- ~$2.5MStage undisclosed · Aug 25, 2023
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Aug 25, 2023 | Undisclosed | ~$2.5M | — | National Security Strategic Investment Fund | — | Reported |
| Jan 9, 2023 | Series A | ~$36.6M | — | Oxford Science Enterprises | — | Reported |
| Aug 1, 2021 | Grant | ~$4.0M | — | — | — | Reported |
| Aug 1, 2020 | Grant | ~$2.2M | — | — | — | Reported |
| Jun 12, 2020 | Seed | ~$3.4M | — | — | — | Reported |
- Undisclosed~$2.5MAug 25, 2023
- Series ALed by Oxford Science Enterprises~$36.6MJan 9, 2023
- Grant~$4.0MAug 1, 2021
- Grant~$2.2MAug 1, 2020
- Seed~$3.4MJun 12, 2020
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People3
| Person | Role |
|---|---|
| Chris Ballance | Co-founder |
| Tom Harty | Co-founder |
| Dylan Murphy | CFO |
Sources5
Profile2
- 1
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "0a10908b-6601-4e7a-9ae9-4b9fe3319ece", "name": "Oxford Ionics"}”
- 2CompanyHome • Oxford Ionics
Oxford Ionics · Supports Organization · description, Organization · name, Organization · website
“Oxford Ionics are world-leading innovators, creating the unique technologies which will bring Quantum Computing from the theoretical to the indispensable.”
Systems1
- 3CompanyProducts • Oxford Ionics
Oxford Ionics · Supports System
“In 2025, we deployed a quantum computer called QUARTET to the UK’s National Quantum Computing Centre (NQCC). The NQCC is the UK’s National centre for quantum computing, focused on enabling the adoption of quantum computing technology across industry, academia, and government. QUARTET is a full-stack, trapped-ion quantum computer that leverages Oxford Ionics’ proprietary Electronic Qubit Control technology.”
Funding1
- 4CompanyOxford Ionics | LinkedIn
LinkedIn · Supports Funding round, Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Organization · ownership, Role
“funding round: Series A, 2023-01-09, GBP 30,000,000, lead: Braavos Investment Advisers;Oxford Science Enterprises”
People1
- 5
Oxford Ionics · Supports Role
“Oxford Ionics was co-founded in 2019 by Dr Tom Harty and Dr Chris Ballance who both hold world records in quantum breakthroughs.”
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