Oxford Quantum will seek to build quantum computers capable of crunching large quantities of data.

Oxford Quantum Circuits, a UK-based quantum computing spinout from University of Oxford, today raised £2m ($2.7m) from investors incluiing the Parkwalk Opportunities Fund. Other backers were not named. The Parkwalk Opportunities Fund is managed by commercialisation firm Parkwalk Advisors under the UK’s Enterprise Investment Scheme, which offers tax breaks to certain venture capital funds. Founded…

The rest of this content is only accessible to University Venturing: News, Data and Events - Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.