Anglo-Finnish Oxford University quantum spinout QuantrolOx raises €12M
QuantrolOx, an Anglo-Finnish quantum software startup founded by former Nokia executive Vishal Chatrath and Oxford researchers, secured €12 million in Series A funding. IW Capital led the round with support from the European Innovation Council Fund and Transpose Capital. The company's machine learning software automates quantum computer tuning across different hardware architectures, reportedly outperforming human benchmarks. Funding will accelerate commercial growth and US expansion efforts.
Key points
- QuantrolOx raised €12M Series A led by IW Capital
- Oxford spinout builds ML software for quantum computer automation
- Software reportedly tunes quantum devices faster than human experts
- Funding supports commercial scaling and US market entry
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