HardwareStartupsTechnology

Oxford Quantum Startup QFX Secures €2.2M Seed Funding for Modular Hardware Expansion

Oxford-based quantum technology startup QFX has raised €2.2 million in seed funding to advance its modular hardware platform. The investment round was reportedly led by Y Combinator co-founder Paul Graham, positioning the University of Oxford spin-out within Europe’s growing quantum ecosystem.

Funding Round and Investor Backing

Oxford-based quantum startup QFX has secured €2.2 million in seed funding to expand its modular hardware platform for quantum technologies, according to recent reports. Sources indicate the investment round was led by Silicon Valley investor and Y Combinator co-founder Paul Graham, signaling strong confidence in the UK quantum sector.

BusinessInnovationTechnology

US Digital Asset Transactions Surge 50% Following Policy Shift Under New Administration

United States cryptocurrency transaction volume reportedly reached $1 trillion in the first half of 2025, marking a substantial 50% increase year-over-year. Industry analysts suggest regulatory pullbacks and political embrace have accelerated adoption trends that began in previous years.

Unprecedented Growth in Digital Asset Markets

Cryptocurrency activity in the United States has experienced explosive growth during the first half of 2025, with transaction volume reportedly increasing by 50% compared to the same period in 2024, according to analysis from blockchain intelligence firm TRM Labs. Sources indicate that US digital asset transactions surpassed $1 trillion between January and July 2025, while crypto firms witnessed a 30% increase in web traffic following the 2024 presidential election.