QuantrolOx, a Finland-headquartered spin-out from the University of Oxford whose software automates the operation of quantum computers, has secured £10 million in a Series A funding round led by IW Capital. The European Innovation Council Fund has co-invested alongside IW Capital, with participation from Transpose VC. The round will accelerate QuantrolOx’s commercial growth and North American expansion, following the opening of QuantrolOx’s Berkeley office.
Every quantum computer, whatever its hardware, has to be calibrated and tuned before it can do useful work, and demand for the specialists who perform this work is outpacing supply. QuantrolOx uses machine learning software to automate the tuning, control and optimisation of quantum computers and to accelerate the pace of quantum research. In research published in Nature Communications, the founding team’s machine learning tuned quantum devices in under 70 minutes, outperforming the best human benchmark. QuantrolOx’s software is designed to work across different quantum hardware architectures, positioning Quantum EDGE to support the sector as these technologies advance.
Quantum EDGE is a hardware-agnostic measurement and automation platform for quantum technologies that automates the calibration, characterisation and tuning of quantum computers. QuantrolOx’s products power labs at UC Berkeley and Academia Sinica in Taiwan, with hardware partners including QuantWare and AQSolotl. QuantrolOx is scaling across three continents and recently launched Q-Hub at MAHE with Manipal Academy of Higher Education to build an open architecture quantum system in India. A five-year partnership with UC Berkeley aims to advance the industrialisation of superconducting quantum computing and anchors QuantrolOx’s new Berkeley office.
The funding comes as quantum computing passes more than $1bn in annual revenue, which McKinsey describes as a commercial tipping point. McKinsey estimates that quantum computing could create $1.3–2.7 trillion in economic value by 2035. In May 2026, the U.S. Department of Commerce announced signed letters of intent for $2.013 billion in incentives for nine companies to support the development and manufacturing of quantum technologies. IW Capital states that the investment reflects its strategy of backing high-growth businesses with innovative technology and exceptional management teams, providing capital to support their next stage of commercial development.
Every industry is built on its tools and its people. QuantrolOx is building the foundations of the quantum industry: Our tools industrialise quantum hardware and train the people to run it. With IW Capital and the EIC Fund behind us, we are setting the standards and accelerating the path to practical quantum computing.
Oxford physics, Finnish engineering and a CEO with a great commercialisation track record is a rare combination. QuantrolOx has automated the slowest, most expert-dependent part of running a quantum computer, on any hardware. With research accelerating and governments investing massive amounts of capital to support it, that software only gets more valuable. We're proud to be backing the team and look forward to helping them scale QuantrolOx into the control layer every quantum computer runs on.
Quantum computing has enormous potential, but unlocking it means making quantum computers easier to operate and scale. By using AI to automate quantum computer tuning, QuantrolOx is tackling an important part of this challenge and we’re glad to back the team as it helps bring this technology closer to practical use
