Roblox CEO, Singapore fund back $100M Universal Quantum round
Universal Quantum, a UK-based quantum computing startup spun out of the University of Sussex, has closed a $100 million funding round that includes Roblox CEO David Baszucki and Singapore’s state-backed investment fund. The round matches the company’s Series A from October 2026, which StartupReader previously reported as the largest ever for a UK quantum startup.
The fresh capital doubles the company’s reported funding to date. Universal Quantum is developing a quantum computer, though specifics about its technology stack, error-correction approach, or timeline for commercialization have not been detailed in recent announcements.
The involvement of Baszucki and a Singapore government-linked fund suggests some investors may be exploring earlier-stage, capital-intensive bets in quantum computing, an area typically avoided by traditional venture capital due to its long development cycles.
Universal Quantum’s progress will depend on execution, as the quantum sector remains competitive. Other startups, such as Bengaluru-based Quanfluence, which raised $10 million last week, are also advancing different approaches. For now, the funding round highlights continued interest in quantum hardware development in Europe.
Sources: finance.yahoo.com
“The round appears to reinforce Universal Quantum’s profile among quantum hardware startups and may reflect growing investor interest in high-risk, long-horizon deep tech.”
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- Roblox CEO, Singapore Fund Join $100 Million Round in Universal Quantum — finance.yahoo.com
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