Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

Phasecraft
650 Massachusetts Avenue NW, Suite 600
Washington, DC 20001
https://www.phasecraft.io/

Phasecraft is the quantum algorithms company whose mission is to accelerate the practical application of quantum computing by redesigning quantum algorithms for the imperfect quantum computers of today. Phasecraft was founded in 2019 by Toby Cubitt, Ashley Montanaro, and John Morton, expert quantum scientists who have spent decades leading top research teams at UCL and the University of Bristol. Phasecraft works in partnership with leading quantum hardware companies, including Google, IBM, Quantinuum, and QuEra, academic and industry leaders, to develop high-efficiency algorithms to move quantum computing from experimental demonstrations to useful applications.

Key Contact
Name
Ashley Montanaro
Title
Co-Founder & CEO
Funding Events

Date
Amount
Type
Investors
Valuation
09/02/25 $34,000,000 Series B Albion Ventures
Latitude Capital
Novo Holdings
Parkwalk Advisors
Playground Global
undisclosed