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Phasecraft

The quantum algorithms company

Deeptech Frontiers Strategy

2019 – AlbionVC first invested via Proof of Concept

2020 – AlbionVC led the Seed round

2023 – participated in Series A

 

 

Overview

A spinout from UCL and the University of Bristol, Phasecraft is led by world-class academics developing cutting-edge quantum algorithms to tackle some of humanity’s most pressing challenges. Since its founding in 2019, the company has achieved multiple scientific breakthroughs, secured a strong syndicate of global investors and built partnerships with Google Quantum AI, IBM, Quantinuum. In 2026, Phasecraft was selected to join DARPA’s Quantum Benchmarking Initiative. We backed Phasecraft from the very beginning and have supported them through key milestones and successive funding rounds.

We’re delighted to be supporting Phasecraft again. They have made great strides towards utilising the power of quantum computers and I’m excited to see them use this latest financing round to push them further towards quantum advantage.

David Grimm, Partner AlbionVC

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