
Magdalen College Oxford
Oxford University college that invested directly in OQC's Series C round.
Last refreshed: 7 June 2026 · Appears in 1 active topic
Timeline for Magdalen College Oxford
OQC raises £260m in Europe's biggest quantum round
UK Startups and InnovationBackground
Magdalen College is one of the largest and wealthiest constituent colleges of the University of Oxford, founded in 1458 by William of Waynflete. It maintains a substantial endowment that is managed by the college's investment committee and deployed across a range of asset classes including equities, property, and direct private-company investments. Oxford colleges have historically acted as patient capital providers with very long time horizons, and several of the wealthier colleges have built meaningful venture portfolios through direct investments in Oxford spinouts and strategically significant technology companies.
Magdalen College appeared on the cap table for Oxford Quantum Circuits' £260m ($350m) Series c round led by Bullhound Capital in June 2026. OQC is an Oxford University spinout and Europe's leading commercial quantum-computing company. College-level participation in the round, alongside institutional investors including the British Business Bank, COFIDES, and Chevron Technology Ventures, demonstrates Magdalen's willingness to make direct growth-stage technology bets beyond conventional endowment asset classes.
The college's direct participation in OQC's round is part of a broader pattern of Oxford colleges taking equity in high-growth spinouts that emerge from the university's research environment. This approach differs from most European universities where commercialisation is centralised through a single tech-transfer office; Oxford's collegiate structure enables multiple independent pools of college capital to back the same spinout.