OQC Secures Record €260M Investment Led by Bullhound to Expand Quantum Computing Infrastructure Globally
June 3, 2026
OQC has secured a record 260 million funding round in Europe, led by Bullhound Capital and backed by a mix of institutions and private investors including the British Business Bank, Fynveur, COFIDES, Alpha Edison, Fulcrum Asset Management, Pentland Ventures, and existing backers like Oxford Science Enterprises, SBI and Chevron Technology Ventures.
The company deploys superconducting quantum systems in data centers across London, Tokyo, and New York, with two more sites planned, aiming to fuse quantum processors with classical computing infrastructure.
OQC designs, builds, and operates quantum computers for enterprise and government clients, targeting deployment in real data-centre environments.
Firgun’s website and its Time To Talk Quantum podcast are provided as resources for more information.
Experts note that fault-tolerant quantum computing is still years away; the current race centers on securing deployed infrastructure, customer relationships, and data-centre integration to stay competitive.
Chair Jack Boyer said the investment enables global expansion and the build-out of large-scale deployment infrastructure, signaling strong investor confidence.
Industry leaders underscore that the market is shifting from promise to real-world deployment, with infrastructure and enterprise adoption driving demand.
OQC founder and CSO Dr. Peter Leek highlights scalable engineered systems and integration into trusted customer infrastructure as a growth priority.
Chevron’s investment signals energy-sector interest in quantum solutions for optimization and materials science, aligning with OQC’s mission to scale practical quantum systems.
Leadership stresses confidence in OQC’s commercial viability and roadmap to turn quantum computing into a dependable computing capability.
The round reflects a broader trend of increased investment and early deployments bringing quantum closer to practical applications.
J.P. Morgan acted as exclusive placement agent for the transaction, underscoring the deal’s scale.
Summary based on 9 sources
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Sources

Tech.eu • Jun 3, 2026
Oxford Quantum Circuits lands “coming-of-age” £260M funding round
The National Law Review
Firgun Ventures Participates in Oxford Quantum Circuits Record Series C
Tech Funding News • Jun 3, 2026
OQC raises £260M: Europe’s biggest quantum round ever as Britain commits £2B to win the global quantum race