Phasecraft: $34 Million Series B Raised For Quantum Algorithms Platform
By Amit Chowdhry ● Sep 2, 2025
Phasecraft, a force in the field of quantum algorithms, has recently announced the successful completion of a significant $34 million Series B funding round. This remarkable achievement is poised to accelerate the company’s transformative work in quantum computing, which aims to translate the theoretical potential of this technology into practical, real-world applications. The funding round was co-led by Plural, with notable participation from existing investors such as Playground Global and Novo Holdings’ Quantum Fund, marking its first direct investment in quantum software. Additionally, other investors, including AlbionVC, Latitude, and Parkwalk Advisors, also joined the round.