QuantrolOx, the Oxford spin-out that automates the control of quantum computers, raised €12 million (about $13.3 million) in a Series A2 round led by IW Capital, the company said Oct. 26, 2026. The European Innovation Council (EIC) Fund co-invested.
The timing reflects a practical problem. Quantum hardware is leaving research labs for on-premises installations at universities and regional hubs, and the slow, expert-driven work of tuning qubits, the basic units of quantum information, has become a bottleneck for those machines.
"Every industry is built on its tools and its people," said Vishal Chatrath, co-founder and chief executive. "QuantrolOx is building the foundations of the quantum industry: our tools industrialise quantum hardware and train the people to run it."
Where the money goes
The company said it will use the funds to scale commercial deployments of its Quantum EDGE software, expand its Quantum EDGE Academy training platform, and grow its U.S. team, including a new office in Berkeley, California. Earlier backers include Voima Ventures, Serendipity Capital, Hoxton Ventures and Transpose Capital. The company did not disclose a valuation.
Reports on the size of the round differ. The Sesamers site noted that UK coverage put it at £10 million, while CB Insights lists a Series A of $13.43 million. The company's own press release calls it Series A2.
Charlie Lyon Carroll, investment director at IW Capital, said in the same release that QuantrolOx "has automated the slowest, most expert-dependent part of running a quantum computer, on any hardware."
What the software does

Quantum EDGE is a hardware-agnostic platform for characterizing, calibrating, tuning and operating qubits and quantum processors, according to the company. In one installation at the UK National Quantum Computing Centre (NQCC), QuantrolOx said, the software produced a two-qubit gate in under 25 minutes, a task that can take up to a week by hand. That figure is the company's own claim and was not independently verified.

