Latest Phasecraft News & Updates

See the latest news and media coverage for Phasecraft. We track all announcements, press releases, and industry mentions in real time, all in one place.

Phasecraft

Quantum algorithms company

phasecraft.io

Headquarters: Bristol, United Kingdom
Founded year: 2019
Company type: Private company
Number of employees: 50–53
Industry: IT Services & Consulting

Last updated June 16

Latest news about Phasecraft

In short: Phasecraft raised $34M Series B, launched Mondrian and opened a US headquarters

Company announcements

January 20 Phasecraft

Phasecraft introduces quantum simulation algorithm

The algorithm simulates noisy open quantum systems using unitary circuits. It includes a decoupling scheme reducing circuit complexity for efficient material simulations on near-term hardware.

December 17, 2025 Phasecraft

Phasecraft welcomes UKRI's £1 billion quantum funding

The allocation from 2026-2030 supports scaling research, commercial adoption, and economic value. It reinforces UK's quantum leadership, especially in software and algorithms.

December 10, 2025 Phasecraft

Phasecraft becomes XPRIZE Quantum Applications finalist

Phasecraft developed two quantum algorithms for accurate materials modeling. Selected as one of seven finalists from 133 submissions.

November 7, 2025 Phasecraft

Phasecraft welcomes new UK-led quantum partnership

They note collaboration accelerates discovery, ensures interoperability, and helps overcome barriers to building scalable, secure quantum systems.

Media coverage

June 16 HPCwire

Phasecraft Tapped by ARPA-E to Develop and Apply Quantum Algorithms for Catalyst Discovery - HPCwire

Project aims to reduce reliance on iridium and other critical minerals WASHINGTON, June 17, 2026 — Phasecraft has announced it has secured an award with...

March 3 Agence France-Presse

Phasecraft Joins DARPA's Quantum Benchmarking Initiative

Phasecraft, the world's leading quantum algorithms company, today announced it has commenced work on the University of Maryland's Applied Research Laboratory for Intelligence and Security's...

October 1, 2025 UKTN

Phasecraft unveils quantum system ‘1,000x faster’ than classical computers

Bristolian deep tech firm Phasecraft has today launched Mondrian, a quantum software platform backed by the government.

October 1, 2025 Quantum Computing Report

Phasecraft Launches Mondrian, a Quantum-Enhanced Software Platform for Network Optimization

Phasecraft, a quantum algorithm company, has launched Mondrian, a new software platform designed to speed up classical optimization...

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