UK-based quantum computing startup Universal Quantum raised a $100M+ Series A led by DCVC and Firgun Ventures to expand research hubs in Germany and Singapore (Mark Bergen/Bloomberg)

Universal Quantum, a UK-based quantum computing startup, has raised over $100 million in a Series A funding round. The round was co-led by DCVC and Firgun Ventures, with participation from EDBI, a Singapore-based sovereign investor, Integral GlobalTech, a Japanese asset manager, NGS Super, IAG Capital, EdenBase, Eigenstate Holdings, SiteGround Capital, and Dave Baszucki, founder of Roblox.

The company plans to use the funding to expand its research hubs in Germany and Singapore. Universal Quantum is working to build a working quantum computer and has secured contracts with the German government. According to its CEO, Sebastian Weidt, the diverse investor base is meant to align with regions where the company plans to increase activity.

Universal Quantum was founded in 2018 as a University of Sussex spinout and is focused on building large-scale quantum computing systems for real-world use. The company has raised over $125 million in total. Its goal is to develop fault-tolerant quantum computers with millions of error-corrected qubits.

Brief written by urgent.news from Techmeme, Tech.eu, Straits Times Business, Investing.com, YourStory — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.