What Quantum Exponential does

Quantum Exponential Group plc is a UK public limited company, founded in 2021 and headquartered in London at 16 Great Queen Street, that operates as a specialist venture capital firm focused exclusively on quantum technology. The firm self-describes as the UK's first dedicated quantum technology investment company and one of very few pure-play quantum VC funds globally, building a portfolio of companies pioneering quantum applications in climate change, health, defence, and food security. Its 3.5-year track record encompasses eight disclosed portfolio companies spanning the full quantum stack: quantum computing (Oxford Quantum Circuits, Universal Quantum), quantum sensing and imaging (Siloton, QLM, Aegiq), quantum communications and components (Quantcore, Delta g), and early-stage vehicles (QBIT).

The firm's core business model is traditional fund management: deploying capital across the full innovation lifecycle from pre-seed to later-stage rounds, with approximately two-thirds of investments directed at UK-based companies. In November 2025, Quantum Exponential launched fundraising for a £100 million Quantum Technologies Fund targeting a first close in 2026, with an anchor Letter of Intent from a prominent Silicon Valley fund. Revenue mechanics will follow the standard VC model of management fees on committed capital and carried interest on exits, with a stated target IRR of 25-33% which would place the fund in the top quartile of deep-tech VC returns.

Quantum Exponential goes to market through a sales-led motion targeting institutional and strategic investors via direct outreach, channel partnerships with the Harwell Quantum Cluster and Institute of Physics, and speaking presence at events such as London Tech Week, the Quantum.Tech World summit, and Harwell investor events. Strategically, the firm has aggressively expanded its ecosystem footprint through MOUs with Harwell (Nov 2025), the Institute of Physics (Apr 2026), and the India Global Forum (Jan 2026), while strengthening institutional credibility via the June 2026 appointment of Xavier Rolet KBE (former LSE Group CEO) as Chairman of the Scientific and Investment Advisory Board ahead of its Q3/Q4 2026 flagship fund launch.

Name

Quantum Exponential

Legal name

Quantum Exponential Group plc

Website

https://quantumexp.co.uk

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Quantum Exponential Group plc is a UK-listed specialist venture capital firm that invests exclusively in early- and growth-stage quantum technology companies, currently raising a £100 million fund targeting the UK quantum ecosystem and expanding into India.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Fund Management: Traditional VC fund structure with management fees and carried interest. The fund targets IRR of 25-33%, which would place it within the top quartile of deep tech VC funds. Revenue generated through management fees on committed capital and carried interest on investment returns.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Quantum Exponential operates a dedicated venture capital fund that invests in early-stage to commercial-stage quantum technology companies across computing, sensing, communications, and the quantum supply chain. The firm deploys capital across the full innovation lifecycle from pre-seed to later-stage rounds, with approximately two-thirds of investments directed toward UK-based companies, and provides strategic support and ecosystem access to portfolio companies.

Product overview

Quantum Exponential is the UK's first specialist quantum technology investment company, operating as a venture capital firm rather than a product company. It builds a portfolio of investments in companies pioneering quantum technologies for applications in climate change, health, defence, and food security. The firm manages a £100 million Quantum Technologies Fund targeting investments from pre-seed to later-stage rounds, with approximately two-thirds directed towards UK-based companies to maintain UK leadership in quantum technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Quantum Technologies Fund A £100 million dedicated venture capital fund that invests in quantum technology companies across computing, sensing, communications, and the quantum supply chain. The fund deploys capital across the full innovation lifecycle from pre-seed to later-stage rounds and is offered to institutional investors, family offices and strategic corporate investors.

Quantifiable outcome

• Target IRR of 25-33%, placing the fund in top quartile of deep tech VC funds
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and flagship.

• Institute of PhysicscoreStrategic or Co-development Partner · 15 April 2026New Memorandum of Understanding to strengthen collaboration to accelerate the UK's quantum technology ecosystem. Co-sponsored the qBIG Award to support innovation and commercialisation of quantum technologies.
• India Global ForumflagshipStrategic or Co-development Partner · 28 January 2026Strategic partnership to accelerate India's quantum technology ecosystem, building a long-term India-UK quantum investment platform. Collaboration explores creation of a Quantum Exponential India Fund aligned with India's National Quantum Mission.
• Harwell Quantum ClustercoreStrategic or Co-development Partner · 13 November 2025Memorandum of Understanding signed to collaborate on identifying and supporting promising early-stage quantum technology ventures within the Harwell ecosystem. QEG will manage the fund and lead on attracting external investors while Harwell provides access to ecosystem, showcases relevant startups, and co-hosts investor engagement events.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lux Capital: US-based deep tech venture firm with established quantum computing investments and a science-heavy investment thesis. Comparable as a deep tech/quantum-exposed VC, though Lux operates across multiple verticals at significantly larger fund sizes than QE's £100M vehicle.
• DCVC (Data Collective): US deep tech venture firm with a long-standing thesis in computational and physical sciences, including quantum. Comparable in deploying into deep tech and physics-led founders, though DCVC is a multi-stage generalist deep tech firm rather than a quantum specialist.
• In-Q-Tel (IQT): US strategic investor that bridges the CIA/intelligence community and commercial technology, with deep quantum and deep tech portfolio activity. Comparable as a mission-driven deep tech investor with specialist sourcing capabilities, though it operates at much larger scale and with a US-government LP base.
• Khosla Ventures: US venture firm with a large deep tech portfolio that has historically invested in quantum computing companies. Comparable as a deep tech investor with quantum exposure, though Khosla operates a multi-sector, multi-stage strategy rather than a quantum-only vertical.
• Playground Global: US deep tech venture firm investing in frontier compute, including quantum and photonics. Comparable as a specialist-leaning deep tech investor with a similar engineering-first investment approach, though at larger fund scale and broader thematic scope.

Regional players

• Octopus Ventures: UK-based venture firm investing in deep tech, health, and fintech with a sizable UK portfolio. Comparable as a UK-headquartered VC deploying into deep tech, though Octopus operates a multi-sector strategy rather than a quantum-only focus.
• Foresight Williams Technology Funds: UK-based deep tech and hardware-focused venture partnership between Foresight Group and Williams Advanced Engineering. Comparable as a UK deep tech VC investing in early-stage science-led companies including advanced engineering and hardware, overlapping with QE's quantum hardware thesis.
• Speedinvest: European venture firm with a dedicated deep tech sector team that invests in quantum and frontier compute across the continent. Comparable as a European deep tech VC with quantum exposure, providing a regional peer for quantum deal flow outside the UK.

Direct peers

• Quantonation: Paris-based early-stage venture fund dedicated exclusively to quantum technologies (computing, communications, sensing). Like Quantum Exponential, Quantonation is one of the very few specialist quantum VCs globally, deploying across pre-seed to Series A and providing the closest direct comparable.
• Quantum Valley Investments: Canadian investment fund focused on quantum information science, anchored in the Waterloo quantum ecosystem. Directly comparable as a sector-focused quantum venture investor with strong ties to a national quantum research hub (Perimeter Institute/IQST), mirroring QE's Harwell anchoring.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/quantum-exponential
• Xx.com/QuantumExp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quantum Exponential