Global law firm Ashurst has advised the British Business Bank on its £100m investment as part of Oxford Quantum Circuit's £260m Series C funding round, one of the largest private funding rounds for a European quantum computing company. OQC is a leading UK founded quantum computing company that operates superconducting quantum computers designed for deployment in data-centre environments, with a platform across Europe, North America and Asia.
The Ashurst team was led by corporate Partner Jacob Gold, senior associate Dillon Fuzi and associate Rebekah Oakes. Partner Neil Cuninghame and associates Isabella Hunt and Simran Lamba assisted on regulatory matters.
Ashurst has advised the British Business Bank on a number of deep tech investments over the past year, including investments in Ineffable Intelligence, Quantum Motion and SatVu. Ashurst also advised the British Business Back on its original investment in Oxford Quantum Circuits.
