{
    "title": "Company brief: Phasecraft",
    "notice": "Information only, not investment advice. This view does not rate, score or recommend any company or investor. Figures are as published by the sources named, with their dates; missing evidence is shown as not covered, never as a low value.",
    "generated": "2026-11-03",
    "rows_assembled": "2026-11-02",
    "company": {
        "id": "phasecraft",
        "name": "Phasecraft",
        "country": "GB",
        "sme_in_cordis": true,
        "brief": "/quantum-europe/investors/companies/phasecraft/brief",
        "cordis_organisations": [
            "cordis-org:897534211"
        ],
        "technology_areas": [
            "computing"
        ],
        "eu_projects": 1,
        "eu_contribution_received_eur": 1005330.31,
        "eic_projects": [],
        "patents": {
            "families": 14,
            "lower_bound": false,
            "looked_up": "2026-10-27"
        },
        "publications": null,
        "deployment_records": [],
        "rounds": [
            "phasecraft-2025-09-series-b"
        ],
        "signals": [
            "eu_grants",
            "patents",
            "rounds"
        ]
    },
    "projects": [
        {
            "id": "cordis:817581",
            "acronym": "QAFA",
            "title": "Quantum Algorithms from Foundations to Applications",
            "url": "https://cordis.europa.eu/project/id/817581",
            "start": "2019-05-01",
            "project_eu_contribution": 1859312,
            "currency": "EUR",
            "eic_scheme": null
        }
    ],
    "cordis_retrieved": "2026-10-16",
    "rounds": [
        {
            "id": "phasecraft-2025-09-series-b",
            "company": "Phasecraft",
            "company_id": "phasecraft",
            "date": "2025-09-02",
            "type": "Series B",
            "status": "Closed",
            "amount": 34000000,
            "currency": "USD",
            "amount_as_announced": "$34 million",
            "qualifier": "exact",
            "lead_investors": [
                "Plural",
                "Playground Global",
                "Novo Holdings (including its Quantum Fund)"
            ],
            "investors": [
                "Plural",
                "Playground Global",
                "Novo Holdings (including its Quantum Fund)",
                "AlbionVC",
                "Latitude",
                "Parkwalk Advisors"
            ],
            "sources": [
                {
                    "url": "https://albion.vc/spotlight/news/phasecraft-raises-34m-to-bring-quantum-computing-closer-to-real-world-impact/",
                    "publisher": "AlbionVC",
                    "kind": "investor",
                    "retrieved": "2026-10-23",
                    "locator": "Opening paragraph"
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [],
            "note": ""
        }
    ],
    "lab_to_market": {
        "id": "phasecraft",
        "name": "Phasecraft",
        "country": "GB",
        "method": "reviewed_link",
        "pics": [
            "897534211"
        ],
        "nid": 424,
        "families": [
            "computing"
        ],
        "grants": 1,
        "first_grant": {
            "id": "cordis:817581",
            "acronym": "QAFA",
            "title": "Quantum Algorithms from Foundations to Applications",
            "start": "2019-05-01",
            "programme": "Horizon 2020",
            "scheme": "ERC-COG",
            "kind": "erc",
            "amount": 1859312,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/817581",
            "nid": 837
        },
        "first_eic_early": null,
        "first_eic_accelerator": null,
        "first_eic_fund": null,
        "first_equity": {
            "id": "phasecraft-2025-09-series-b",
            "date": "2025-09-02",
            "type": "series_b",
            "status": "closed",
            "amount": 34000000,
            "currency": "USD",
            "amount_text": "$34 million",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://albion.vc/spotlight/news/phasecraft-raises-34m-to-bring-quantum-computing-closer-to-real-world-impact/",
                    "publisher": "AlbionVC",
                    "kind": "investor",
                    "retrieved": "2026-10-23",
                    "locator": "Opening paragraph"
                }
            ],
            "registry": []
        },
        "first_private": {
            "id": "phasecraft-2025-09-series-b",
            "date": "2025-09-02",
            "type": "series_b",
            "status": "closed",
            "amount": 34000000,
            "currency": "USD",
            "amount_text": "$34 million",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://albion.vc/spotlight/news/phasecraft-raises-34m-to-bring-quantum-computing-closer-to-real-world-impact/",
                    "publisher": "AlbionVC",
                    "kind": "investor",
                    "retrieved": "2026-10-23",
                    "locator": "Opening paragraph"
                }
            ],
            "registry": []
        },
        "registry": [],
        "rounds": 1,
        "stages": {
            "grant": true,
            "eic_early": false,
            "eic_accelerator": false,
            "private_round": true
        },
        "months": 76,
        "order": "grant_first",
        "median_eligible": false
    },
    "gaps": [
        "Publications have not been matched in OpenAlex for this company yet.",
        "Valuations, revenues, ownership stakes, cap tables and individual investors are not collected.",
        "National grants, regional aid, loans and payments are not covered; EU figures are amounts awarded, not paid.",
        "Use of infrastructure as a customer is not recorded; only a named supplier role in the deployment tracker is shown.",
        "Nothing here is a rating, a recommendation or investment advice; figures are as published by their sources."
    ]
}