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Phasecraft

About Phasecraft

Phasecraft is developing hardware-agnostic quantum algorithms.

Business Information
Target Customers
enterprise research institutions technology companies
Industry Categories
Deep Tech Hardware & Electronics Software
Business Model
Revenue Model B2B Software Licensing
Pricing Strategy Custom pricing based on client needs
Sales Channels direct sales, partnerships with technology firms
Funding Timeline
Round Date Amount Investors
Series B Sep 02, 2025 $34.0M Novo Holdings, Plural, Playground Global +3 more
Founders
A
Ashley Montanaro

Co-Founder and CEO

T
Toby Cubitt

Co-Founder, CTO, and Chief Science Officer

J
John Morton

Co-Founder and CEO

Investors
A
AlbionVC

Venture Capital

L
LocalGlobe

Venture Capital

N
Novo Holdings

Corporate Venture Capital

P
Parkwalk Advisors

Venture Capital

P
Playground Global

Venture Capital

P
Plural

Venture Capital

Recent Mentions
TradedVC
Traded: Venture Capital @TradedVC
Sep 03, 2025

Phasecraft, a London-based quantum algorithms company founded in 2019 by Toby Cubitt, Ashley Montanaro, and John Morton, raised $34M in a Series B round led by Plural, Playground Global, and Novo Holdings, with support from LocalGlobe, AlbionVC, and Parkwalk Advisors. The fu... https://t.co/kW9nYuxsFE

raisingfi
Raising.fi @raisingfi
Sep 02, 2025

New Raise 🏛️ Company: Phasecraft 🔗 Website: https://t.co/Z3iZoupAHV 📊 Amount: $34 Million 🔄 Round: Series B 🧮 Valuation: N/A ⚙️ Industry: Technology

novoholdings
Novo Holdings @novoholdings
Sep 02, 2025

We are pleased to announce our investment in @PhasecraftLtd's $34M Series B financing round, marking Novo Holdings’ first direct quantum software investment. Led by a team of highly regarded quantum scientists, Phasecraft is developing hardware-agnostic quantum algorithms to https://t.co/KP2q7fBZ8p

finSMEs
FinSMEs @finSMEs
Sep 02, 2025

Phasecraft, a London, UK-based quantum algorithms company, raised $34M in Series B funding https://t.co/V12bYWJ8ff

Techmeme
Techmeme @Techmeme
Sep 02, 2025

UK-based Phasecraft, which develops algorithms for quantum computers, raised a $34M Series B co-led by Plural, Playground Global, and Novo Holdings (@daphneleprince / Sifted) https://t.co/G6Jn1bYzTW https://t.co/oYfRDeWXRW đź“« Subscribe: https://t.co/OyWeKSRpIM

SearchabilityUK
Searchability @SearchabilityUK
Sep 07, 2025

Phasecraft is developing the algorithms that bridge the gap between today’s noisy quantum computers and tomorrow’s world-changing applications. They announced it has raised $34 million (£25.3 million) in Series B funding to accelerate its breakthrough work to transform quantum