QUANTUM MOTION RAISES $160M IN SERIES C FUNDING

Quantum Motion develops quantum computers built on silicon chips, a technology approach that leverages existing semiconductor manufacturing infrastructure. The funding round underscores growing investor confidence in silicon-based quantum computing as a viable path to scalable systems. Kembara, the European Union-backed technology growth fund, deployed capital into the British startup as part of its inaugural investment. The fund targets European tech companies scaling globally. Quantum Motion's silicon chip approach differs from other quantum computing firms pursuing alternative technologies like superconducting qubits or trapped ions. Silicon-based quantum dots offer potential advantages in manufacturability and integration with existing chip production. The $160 million injection brings total funding for the startup into significant territory, positioning it among the better-capitalized quantum computing companies. The round reflects continued venture capital momentum in the quantum sector despite broader tech funding headwinds. EU backing for the startup signals Europe's strategic push to develop homegrown quantum computing capabilities as competition intensifies with the US and Asia.