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Oxford Quantum Circuits (OQC)

SuperconductingPRIVATE — NO IPO ANNOUNCED

Oxford Quantum Circuits is private and has not announced an IPO. OQC raised a £260M ($350M) Series C in June 2026; Rigetti (RGTI) is the closest listed superconducting comparable.

Pre-IPO quantum computing company profile · Founded 2017 · Reading, United Kingdom

Company Facts

Founded2017
HeadquartersReading, United Kingdom
TechnologySuperconducting quantum computing
Employees~150
Total raised~$500M

IPO Status

No IPO announced

ExpectedNot announced

Oxford Quantum Circuits (OQC) shares are not available on public exchanges. See below for listed alternatives with similar technology.

What Oxford Quantum Circuits (OQC) Does

Oxford Quantum Circuits is the UK's leading quantum computing company, built on its patented "Coaxmon" architecture — a 3D superconducting qubit design that moves control wiring off the chip plane for cleaner scaling. OQC pioneered quantum-computing-as-a-service inside commercial data centers, co-locating its QPUs with classical compute at Equinix and Cyxtera facilities in London and Tokyo.

In June 2026 OQC announced a £260M ($350M) Series C — the largest private quantum computing round ever raised in Europe — to scale its international footprint and accelerate its roadmap toward commercially useful fault-tolerant quantum computing.

Technology: Coaxmon 3D superconducting qubits; QPUs deployed inside commercial data centers (Equinix, Tokyo/London); OQC Toshiko 32-qubit platform.
Roadmap: Published roadmap targets 200 logical qubits by 2028 and 50,000 logical qubits at scale, with data-center-native deployment as the delivery model.

Oxford Quantum Circuits (OQC) Funding History

RoundAmountDateKey InvestorsValuation
Series C£260M ($350M)Jun 2026Consortium incl. institutional growth investors
Series B$100MNov 2023SBI Investment (lead), OTIF, Lansdowne Partners, UTEC
Series A£38MJul 2022Lansdowne Partners, UTEC

Key Milestones

2021First quantum computer available via a private cloud in the UK; later listed on Amazon Braket.
2023OQC Toshiko (32 qubits) launches inside Equinix data centers — first QPU co-located with commercial compute.
Nov 2023$100M Series B led by SBI Investment — then the largest UK quantum raise.
Jun 2026£260M ($350M) Series C — the largest private quantum funding round in European history.

How to Get Exposure Today

Rigetti (RGTI) is the listed superconducting gate-model comparable. Arqit (ARQQ) is the UK's listed quantum pure-play (encryption rather than computing).

Related company roadmaps: Official Rigetti quantum roadmap · Official IonQ quantum roadmap

Oxford Quantum Circuits (OQC) Stock FAQ

Can you buy OQC stock?

No. Oxford Quantum Circuits is private and has not announced an IPO. Its June 2026 $350M Series C gives it a long private runway. Rigetti (RGTI) is the closest listed comparable.

What was OQC's Series C?

A £260M ($350M) round announced June 3, 2026 — the largest private quantum computing raise in European history — funding international data-center deployments and its fault-tolerance roadmap.

What makes OQC different?

Its Coaxmon 3D qubit architecture and its data-center-native model: OQC installs QPUs inside commercial colocation facilities (Equinix) next to customers' classical infrastructure, rather than only offering remote cloud access.

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Static profile, updated manually · Last updated 2026-07-31 · Sources: OQC £260M Series C announcement ↗