Phasecraft

Phasecraft develops quantum algorithms specifically designed for materials modeling and condensed matter physics applications, focusing on creating quantum software that can efficiently simulate complex many-body systems and materials properties using near-term quantum devices to accelerate materials discovery and development.

Company Information

• Founded: 2018
• Country: UK
• Website: https://phasecraft.io
• Categories: quantum materials

Key People

Toby Cubitt (Co-founder, CEO), Ashley Montanaro (Co-founder, CTO)

Investment Information

• Status: private
• Total Raised: $50M
• Last Valuation: $200M

Recent Funding Rounds

• 2025-09-02: series-b - $34M - Series B funding for quantum algorithms and material discovery applications
• 2021-07-15: series-a - $16M - Series A funding round

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