Funding round
Universal Quantum Series A
Universal Quantum, which works in utility-scale quantum computer manufacturing in Haywards Heath, raised $100M in a Series A round announced on 8 Oct 2026, led by DCVC and Firgun Ventures. 15 firms took part, 1 of them already investors, with 1 individual investor. It is Universal Quantum's second venture round on record; the one before was a Seed in Jun 2021.
$100M
Amount raised
Not disclosed
Post-money valuation
15
Investors
2 leads
Valuation
What this round says about the price
Universal Quantum did not disclose a valuation in this round. It came 64 months after Universal Quantum's Seed. It is 95% of the $105M Universal Quantum has raised in the venture rounds on record. No later venture round is on record for Universal Quantum.
Universal Quantum's funding rounds
Universal Quantum has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 15 Jun 2021 $5.1M
- Grant not a venture round 17 Nov 2021 $9.2M
- Series A this round 8 Oct 2026, led by DCVC and Firgun Ventures $100M
Investors
Who put money in
DCVC and Firgun Ventures led the round with 13 other firms. DCVC had backed Universal Quantum before.
Lead investors
- DCVC backs 171 venture-backed companies existing investor
- backs 3 venture-backed companies new investor
Also in the round
- EDBI backs 67 venture-backed companies new investor
- Artal new investor
- Integral GlobalTech new investor
- backs 49 venture-backed companies new investor
- Hostplus new investor
- NGS Super new investor
- backs 35 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- Eigenstate Holdings new investor
- SiteGround Capital new investor
- backs 49 venture-backed companies new investor
- backs 19 venture-backed companies new investor
- Invus backs 83 venture-backed companies new investor
Individual investors: Dave Baszucki.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
42 Series A rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $18M, and this round was 5.6 times the median. The closest in time, other companies' Series A rounds in Electronical Components Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electronical Components Manufacturing | 1 Oct 2026 | $88M | not disclosed | Abstract Ventures and Lachy Groom |
| Electronical Components Manufacturing | 1 Oct 2026 | undisclosed | not disclosed | New Science Ventures |
| Electronical Components Manufacturing | 13 Sep 2026 | $50M | not disclosed | Serendipity Capital |
| Electronical Components Manufacturing | 25 Sep 2026 | $11M | not disclosed | not named |
| Electronical Components Manufacturing | 17 Sep 2026 | $6.9M | not disclosed | NATO Innovation Fund NIF |
| Electronical Components Manufacturing | 24 Aug 2026 | $40M | not disclosed | Cycle Capital |
| Electronical Components Manufacturing | 22 Jul 2026 | $24M | not disclosed | Invest-NL and DeepTechXL |
| Electronical Components Manufacturing | 6 Jul 2026 | $12M | not disclosed | not named |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Universal Quantum raise in its Series A round?
Universal Quantum raised $100M in its Series A round, announced in Oct 2026.
Who led Universal Quantum's Series A round?
DCVC and Firgun Ventures led it, with EDBI, Artal, Integral GlobalTech, Main Sequence and Hostplus and 8 more.
What was Universal Quantum's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Electronical Components Manufacturing?
42 Series A rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $18M, and this round was 5.6 times the median.