Tech Company Financing Transactions
Quantcore Technologies Funding Round
Blackfinch Ventures, Scottish Enterprise and Quantum Exponential invested in a $3.3 million capital raise for Quantcore Technologies. The round was announced on 4/1/2026.
Transaction Overview
Company Name
Announced On
4/1/2026
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to grow its team to 12 employees over the next 18 months, with engineering roles across design, manufacturing and cryogenic testing as well as non-technical positions to aid its commercial strategy.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Advanced Research Centre University of Glasgow, 11 Chapel La
Glasgow, G11 6EW
UK
Glasgow, G11 6EW
UK
Phone
Undisclosed
Website
Email Address
Overview
Quantcore (Quantcore Technologies Ltd) is a quantum hardware manufacturer based in Glasgow, UK. It is a spin-out from the University of Glasgow that focuses on creating a sovereign supply chain for quantum technologies. The company is the UK's sole provider of niobium-based quantum processors. Unlike standard aluminium-based components, niobium maintains superconductivity at higher temperatures, allowing for better scalability and reduced energy consumption.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Brennan
Chief Technical Officer
Valentino Seferai
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