5 days ago · Copenhagen, Denmark, 2 September 2025 – Novo Holdings, a leading life science investor, today announced it has co-led the $34 million Series B financing of Phasecraft, the world’s leading quantum algorithms company. 5 days ago · PRESS RELEASE — Phasecraft, the world’s leading quantum algorithms company, today announced it has raised $34 million in Series B funding to accelerate its breakthrough work to transform quantum computing’s theoretical promise into practical applications. Co-led by Plural, existing investor Playground Global, and Novo Holdings’ Quantum Fund in its first direct quantum software 5 days ago · Phasecraft’s latest round of funding was co-led by Plural, existing investor Playground Global, and Novo Holdings’ Quantum Fund in its first direct quantum software investment, the Series B round also included participation from existing investors AlbionVC, Latitude and Parkwalk Advisors. 5 days ago · The round was co-led by Plural, Playground Global and Novo Holdings’ Quantum Fund. UK-based quantum algorithms start-up Phasecraft has raised $34m in a Series B funding round to accelerate R&D 5 days ago · Bristol, London, and Washington D.C., 2nd September 2025: Phasecraft, the world’s leading quantum algorithms company, today announced it has raised $34 million (£25.3 million) in Series B funding to accelerate its breakthrough work to transform quantum computing’s theoretical promise into practical applications. Co-led by Plural, existing investor Playground Global, and Novo Holdings 5 days ago · UCL spinout Phasecraft, a quantum algorithms company, has secured $34 million in Series B funding, to accelerate the real-world applications of quantum algorithms. This major funding round, announced today, was co-led by Plural, existing investor Playground Global, and Novo Holdings’ Quantum Fund, alongside support from existing investors AlbionVC, Latitude and Parkwalk Advisors. Phasecraft 5 days ago · Phasecraft was

founded in 2019 by Toby Cubitt, Ashley Montanaro, and John Morton Phasecraft, a UK and Washington, DC-based quantum algorithms company, has secured $34 million in Series B funding. The investors included Plural, Playground Global, Novo Holdings, AlbionVC, Latitude, and Parkwalk Advisors.