Oxford Quantum Circuits has raised £260 million in a Series C funding round.

The British Business Bank committed £100m to the round, one of Europe’s largest for a quantum computing company.

The round was led by Bullhound Capital, and included investment from Invus, Mastercard, COFIDES, Rokos Capital Management, IHAG, Fulcrum Asset Management, Pentland Ventures, Magdalen College Oxford, Adaptive Capital Partners, Firgun and 18 West.