London: Quantum Motion, the leading company in silicon transistor-based quantum computing, today announced a $160 million Series C round to commercialise its scalable and energy-efficient approach to quantum computing. The round is co-led by DCVC and Kembara, with participation from new investors, the British Business Bank and Firgun, alongside existing investors. The financing positions Quantum Motion to deliver utility-scale and commercially viable quantum computers that fit inside existing standard data centres and racks.

According to BERNAMA News Agency, this financing round comes at a defining moment for the computing industry, as governments and industry invest heavily in next-generation HPC and AI systems that demand vast capital and infrastructure investments. Quantum is on course to become the next wave of computing to strain a power grid already being tested by AI data centres. In other approaches, a useful quantum computer is expected to demand infrastructure on an industrial scale, including multi-megawatt power consumption. Quantum Motion is built on the premise that this trajectory is neither inevitable nor affordable.