Funding round
Universal Quantum Seed
Universal Quantum, which works in utility-scale quantum computer manufacturing in Haywards Heath, raised $5.1M in a Seed round announced on 15 Jun 2021. 7 firms took part. It is Universal Quantum's first venture round on record.
$5.1M
Amount raised
3,600,000 GBP converted
Not disclosed
Post-money valuation
7
Investors
no lead named
Valuation
What this round says about the price
Universal Quantum did not disclose a valuation in this round. It is Universal Quantum's first venture round on record, 4 years after it was founded in 2017. It is 4.8% of the $105M Universal Quantum has raised in the venture rounds on record. Universal Quantum raised again 64 months later: a Series A round of $100M in Oct 2026.
Universal Quantum's funding rounds
Universal Quantum has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 15 Jun 2021 $5.1M
- Grant not a venture round 17 Nov 2021 $9.2M
- Series A 8 Oct 2026, led by DCVC and Firgun Ventures $100M
Investors
Who put money in
7 firms took part; no lead investor was named.
Investors
- Hoxton Ventures backs 50 venture-backed companies
- backs 120 venture-backed companies
- backs 9 venture-backed companies
- backs 10 venture-backed companies
- 7Percent
- FoundersX Ventures
- La Roca Capital
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
39 Seed rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $2.9M, and this round was 1.7 times the median. The closest in time, other companies' Seed rounds in Electronical Components Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electronical Components Manufacturing | 8 Jun 2021 | $10M | not disclosed | 360 Capital |
| Electronical Components Manufacturing | 15 Jun 2021 | $3.0M | not disclosed | Fonds Ecofuel |
| Electronical Components Manufacturing | 7 Jun 2021 | undisclosed | not disclosed | QUBIS and Techstart Ventures |
| Electronical Components Manufacturing | 17 May 2021 | $6.1M | not disclosed | not named |
| Electronical Components Manufacturing | 20 Jul 2021 | $3.0M | not disclosed | Crush Ventures and Liquid 2 |
| Electronical Components Manufacturing | 11 May 2021 | $2.4M | not disclosed | Quantonation and Speedinvest |
| Electronical Components Manufacturing | 26 May 2021 | $1.0M | not disclosed | VoLo Earth |
| Electronical Components Manufacturing | 3 Aug 2021 | $12M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Universal Quantum raise in its Seed round?
Universal Quantum raised $5.1M in its Seed round, announced in Jun 2021.
Which investors took part in Universal Quantum's Seed round?
Hoxton Ventures, Village Global, Propagator Ventures, Luminous Ventures, 7Percent and FoundersX Ventures and 1 more.
What was Universal Quantum's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Electronical Components Manufacturing?
39 Seed rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $2.9M, and this round was 1.7 times the median.
Did Universal Quantum raise again after this round?
Yes: a Series A round in Oct 2026 of $100M.