Quantum Motion lands $160m in EU’s first major late-stage commitment
By Ana-Maria Stanciuc
Published on May 7, 2026.
The European Union's Scaleup Europe Fund has made its first investment in UK-based Quantum Motion, leading a $160m round in the largest single funding round any European silicon-spin-qubit company has secured so far. This is the first major late-stage commitment of the EU vehicle, the European Investment Fund, which has been in design for two years. Quantum Motion was founded in 2017 by Professor John Morton (UCL) and Professor Simon Benjamin (Oxford), and operates outside the EU’s regulatory perimeter post-Brexit. The Fund's mandate includes strategic technology areas such as quantum, eligibility extending beyond strict EU-domiciled companies to include strategically aligned operators across the wider European technology ecosystem. The new $160M round roughly doubles cumulative capital raised at one go and signals investor conviction in the silicon-spion thesis.
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