DCVC

DCVC (Data Collective Venture Capital) co-led the £40m Series c for Oxford and UCL spin-out Quantum Motion in May 2026, alongside Kembara, with the British Business Bank's British Growth Partnership Fund also participating. The round will fund Quantum Motion's silicon-spin qubit fabrication programme; the company is a Stage B participant in DARPA's Quantum Benchmarking Initiative.

DCVC is a San Francisco-based deep-tech venture firm founded in 2012. It focuses on data-intensive and computationally demanding sectors: Quantum computing, AI/ML infrastructure, biotechnology, climate tech, and defence. Its limited partner base includes university endowments, foundations, and sovereign wealth-adjacent vehicles. DCVC has backed companies across quantum hardware, synthetic biology, and autonomous systems, and is known for writing technically diligent term sheets into pre-revenue deep-Science companies.

The Quantum Motion co-lead reflects DCVC's consistent thesis that quantum hardware is the infrastructure layer for post-silicon compute. The BBB's co-participation alongside a US specialist firm reinforces the government's strategy of using public capital to crowd in deep-tech international capital into British quantum assets.