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.

BusinessStartupsTechnology

Craft Ventures Leads $42 Million Investment in Government Tech Platform Starbridge

Government technology startup Starbridge has raised $42 million in Series A funding led by David Sacks’ Craft Ventures. The platform helps businesses identify and pursue public sector contracts through AI-powered data aggregation and analysis.

Major Funding for Government Technology Innovation

Starbridge, a startup focused on modernizing how businesses sell to the public sector, has secured $42 million in Series A funding led by David Sacks’ Craft Ventures, according to reports from TechCrunch. The substantial investment round signals growing investor interest in the traditionally challenging government technology sector, sources indicate.