February 24, 2026 -- Quantcore, a University of Glasgow spin-out, has raised £2.5m in seed funding to create a sovereign supply chain , as the UK races to build domestic capacity in technologies critical to national security and economic competitiveness.

The round was co-led by PXN Ventures, Blackfinch Ventures and Scottish Enterprise, with investment also coming from Quantum Exponential and STAC.

Quantcore is the only company in the UK manufacturing niobium-based components. One benefit of niobium is it can operate at higher temperatures than aluminium, which is one of the most common materials used by Quantcore’s global competitors.

Thanks to the use of niobium, Quantcore is helping its customers, which include UK national laboratories, to save energy and do more with its quantum components at a more scalable rate.

Operating from the University of Glasgow's James Watt Nanofabrication Centre, the company designs, manufactures and tests the superconducting processors, resonators and sensors that form the core of quantum computers and advanced sensing systems.

Beyond computing applications, Quantcore's quantum sensors enable secure communications and unprecedented accuracy in medical imaging that classical technology cannot achieve, which could lead to breakthroughs in areas such as neuroscience, early disease detection, secure infrastructure, and fundamental physics.

Following the investment, Quantcore plans to grow its team from four to 12 employees over the next 18 months, with engineering roles across design, manufacturing and cryogenic testing as well as non-technical positions to aid its commercial strategy.

The investment comes at a time of geopolitical uncertainty and follows the UK government’s pledge to invest £670m into quantum computing as part of its 10-year modern industrial strategy, with the global quantum computing market projected to reach $20.2 billion by 2030.

Quantcore was founded by Dr Jack Brennan, Dr Valentino Seferai, Wridhdhisom Karar, and Prof Martin Weides, and spun out from the University of Glasgow in August 2025. The company was also part the first cohort of deep tech startups to take part in the university’s Infinity G accelerator programme, led by STAC.

As a crucial anchor driving regional economic growth, the University of Glasgow is working to translate its research into commercial opportunities in sectors like life sciences and quantum technologies to create jobs and boost prosperity.