Phasecraft
Phasecraft is a UK-based quantum algorithms company that builds hardware-agnostic algorithms for materials discovery, energy, and optimization applications, serving enterprise and government customers through custom algorithm development and platforms like Mondrian.
- Company typePrivate
- Founded2019
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Phasecraft does
Phasecraft is a UK-based quantum algorithms company founded in 2019 as a university spinout from UCL, the University of Bristol, and the London Centre for Nanotechnology. The company designs quantum algorithms engineered to run on today's noisy, near-term quantum hardware rather than waiting for fully fault-tolerant systems, with a stated focus on materials science, clean energy, optimization, and advanced biochemistry applications.
The company's technology stack is hardware-agnostic: algorithms are developed to run across superconducting (Google Quantum AI, IBM, Rigetti), trapped-ion (Quantinuum), and neutral-atom (QuEra, Atom Computing) quantum processors. Its two named commercial products are the Mondrian Optimization Platform, which accelerates classical optimization workloads via quantum computation and is deployed against network problems for energy and telecom operators, and the Materials Modeling Quantum Complexity Database, a public reference of 46 materials with associated circuit depth and qubit requirements. The company publishes benchmark claims of up to 43,000,000x efficiency improvements over classical methods in materials simulation and 1,000x speedups in logistics optimization.
Phasecraft monetizes primarily through B2B enterprise engagements and government-funded research contracts, with named industrial partners including Johnson Matthey (catalyst discovery), Oxford PV (photovoltaics), NESO (grid optimization), and BT (resilient networks). Funding sources include a £13M Series A in August 2023, a $34M Series B in September 2025 co-led by Plural, Playground Global, and Novo Holdings' Quantum Fund, and a $4.5M ARPA-E contract in 2026, bringing disclosed capital raised to over $50M. The company is headquartered in London with engineering operations in Bristol and a Washington DC office supporting U.S. government work.
Phasecraft firmographics
Firmographics- Name
- Phasecraft
- Legal name
- Phasecraft Limited
- Website
- https://phasecraft.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Phasecraft is a UK-based quantum algorithms company that builds hardware-agnostic algorithms for materials discovery, energy, and optimization applications, serving enterprise and government customers through custom algorithm development and platforms like Mondrian.
- Ownership category
- akta.pro rank
Phasecraft industry classification
Industry- Product category
- Quantum Computing Software
- akta.pro primary industry
- Quantum Algorithm Prototyping & Application Templates (HDAGACAG)
- akta.pro secondary industries
- Quantum Chemistry & Materials Modeling (HDAGADAA), Quantum Simulation (Physics/Chemistry/Materials) Research (HDAGAMAG)
Keywords
Where Phasecraft is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Phasecraft business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Enterprise Quantum Algorithm Development: Custom quantum algorithm development and consulting services for industrial partners in materials science, energy, and telecommunications sectors. Projects involve applying quantum algorithms to discover new materials for clean energy transition and other industrial applications.
- Government Research Contracts: Funded research contracts from government agencies such as the US Department of Energy's ARPA-E for specific quantum computing applications like catalyst discovery for hydrogen production.
- Mondrian Optimization Platform Access: Software tool for quantum-enhanced optimization offered to partners, with live access available for authorized users to apply Mondrian to their own problem instances.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Phasecraft product offering
Product offeringCore offering
Phasecraft develops proprietary quantum algorithms and related intellectual property designed to run on near-term, noisy quantum hardware, targeting practical applications in materials science, energy, and telecommunications. The company delivers these through two flagship platforms: the Mondrian Optimization Platform for quantum-enhanced network and logistics optimization, and the Materials Modeling Quantum Complexity Database for quantum materials simulation. Additionally, Phasecraft provides custom quantum algorithm development and consulting services to enterprise and government clients.
Product overview
Phasecraft offers a portfolio of quantum algorithm products and tools targeting materials science and optimization. Its core offering consists of two interconnected platforms: the Materials Modeling Quantum Complexity Database, which provides a public reference of quantum algorithm performance across 46 materials, demonstrating massive efficiency gains over classical methods; and the Mondrian Optimization Platform, a proprietary tool for quantum-enhanced optimization applied to network and energy problems. Both products are built on Phasecraft's hardware-agnostic quantum algorithms that are designed to run on current noisy, error-prone quantum hardware and are compatible with multiple leading quantum hardware providers including Google Quantum AI, IBM, Quantinuum, QuEra, and Rigetti.
Differentiator
Problem solved
Functional benefit
Products and services
- Mondrian Optimization Platform A proprietary quantum-enhanced optimization tool that accelerates classical optimization algorithms using a quantum computer, applied to network problems such as energy grid optimization, logistics, network partitioning, critical node identification, and renewable energy storage placement. Speedups over classical methods are measured via Q-factor, with demonstrated up to 1,000× speedups in logistics solutions. Includes precomputed results and live access for authorized users to apply Mondrian to their own problem instances.
- Materials Modeling Quantum Complexity Database A public database of materials modeled using Phasecraft's quantum algorithms, showing circuit depth and qubit requirements for 46 materials including Al2O3, Si, GaAs, TiO2, and others. Demonstrates quantum-circuit depth independent of system size and enables comparison against classical baseline methods. Targets materials scientists, chemists, and researchers working on batteries, photovoltaics, LEDs, catalysts, hydrogen production, fuel cells, and microelectronics.
- Custom Quantum Algorithm Development Services Custom quantum algorithm development and consulting services for industrial partners in materials science, energy, and telecommunications sectors. Projects involve applying quantum algorithms to discover new materials for clean energy transition, catalyst discovery, and other industrial applications. Clients include Johnson Matthey (catalyst discovery), Oxford PV (photovoltaic materials), NESO (energy network optimization), and BT (telecommunications network resilience).
Quantifiable outcome
- Up to 43,000,000× efficiency improvements in quantum materials simulation over classical methods
- +3 more outcomes
Companies that use Phasecraft
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Phasecraft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
Phasecraft partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Johnson MattheycoreARPA-E project partner in catalyst discovery collaboration. The project aims to reduce reliance on scarce and expensive platinum group metals like iridium, with initial focus on lowering the cost of hydrogen production.
- Harvard UniversityminorARPA-E project partner in catalyst discovery collaboration, bringing academic research capabilities to the quantum computing for computational chemistry program.
- QuEra (ARPA-E)minorARPA-E project partner providing neutral-atom quantum computing hardware capabilities for the catalyst discovery project.
- Atom ComputingcoreStrategic collaboration signing Memorandum of Understanding to accelerate development of quantum solutions targeting materials science and energy applications such as batteries and photovoltaics. Will adapt Phasecraft's algorithms to Atom Computing's neutral-atom quantum hardware.
- DARPAcoreCollaboration with DARPA's Quantum Benchmarking Initiative to develop estimates of quantum computing resource requirements, focusing on materials modeling, molecular modeling, and optimization problems.
- QuantinuumcoreCollaboration with Quantinuum as a major quantum hardware firm. Phasecraft develops hardware-agnostic algorithms that work across leading quantum computing platforms.
- QuEracoreFounding member of QuEra Quantum Alliance Partner Program launched August 2024. Joins 19 companies to accelerate development and deployment of neutral-atom quantum computers globally. Partners get early access to QuEra technology, joint go-to-market activities, and direct support from QuEra's scientific team.
- GooglecoreCollaboration with Google Quantum AI as a leading quantum hardware provider. Phasecraft develops algorithms compatible with Google's quantum processors and aims to achieve practical quantum advantage for real-world applications.
- IBMcoreCollaboration with IBM as a major quantum hardware provider. IBM quantum processors are used to run Phasecraft's algorithms for materials discovery and other applications.
- RigetticorePartnership with Rigetti as a quantum hardware provider. Phasecraft works with Rigetti to develop practical quantum algorithms for real-world applications.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Phasecraft competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Phasecraft social profiles
Digital presencePhasecraft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phasecraft leadership team
Management profileNumber of profiles
Profiles5 records
Phasecraft funding detail
Funding detailFunding overview
Funding rounds4 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phasecraft M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phasecraft
What does Phasecraft do?
Phasecraft develops proprietary quantum algorithms and related intellectual property designed to run on near-term, noisy quantum hardware, targeting practical applications in materials science, energy, and telecommunications. The company delivers these through two flagship platforms: the Mondrian Optimization Platform for quantum-enhanced network and logistics optimization, and the Materials Modeling Quantum Complexity Database for quantum materials simulation. Additionally, Phasecraft provides custom quantum algorithm development and consulting services to enterprise and government clients.
Is Phasecraft a public or private company?
Phasecraft is a private company. It is classified as venture growth investor backed and is currently operating.
When was Phasecraft founded?
Phasecraft was founded in 2019. It employs 11 to 50 people.
Where is Phasecraft based?
Phasecraft is headquartered in London, United Kingdom, in the Europe region.
How does Phasecraft make money?
Three revenue lines are on record. Enterprise Quantum Algorithm Development is the primary driver. The others are government Research Contracts and mondrian Optimization Platform Access.
Does Phasecraft have an API?
No public API is recorded for Phasecraft.
What industry is Phasecraft in?
Phasecraft's product category is Quantum Computing Software. Its primary akta.pro industry code is HDAGACAG, Quantum Algorithm Prototyping & Application Templates, with a secondary code of HDAGADAA, Quantum Chemistry & Materials Modeling.