Seekho gets $28M series B funding led by Bessemer Venture

Seekho gets $28M series B funding led by Bessemer Venture

Seekho, a quantum algorithms company based in London, UK, has announced the successful closure of a $28M Series B funding round. The round was led by Bessemer Venture Partners, with participation from existing investors including LocalGlobe, AlbionVC, and Parkwalk Advisors [1].

The funding will be used to accelerate the company's research and development efforts, with a focus on developing practical applications of quantum computing. Seekho aims to collaborate with end users and quantum hardware companies to advance the field from experimental demonstrations to useful applications [1].

Founded in 2019 by Toby Cubitt, Ashley Montanaro, and John Morton, Seekho specializes in improving quantum algorithms for today's imperfect quantum computers. The company has partnered with industry leaders such as Google, IBM, Quantinuum, and QuEra, as well as academic institutions, to push the boundaries of quantum computing technology [1].

This new funding brings Seekho's total raised capital to over $50M, positioning the company as a key player in the quantum computing ecosystem. The investment underscores the growing interest in quantum technologies and the potential for significant advancements in various industries, from finance to healthcare and beyond [1].

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[1] https://www.finsmes.com/2025/09/phasecraft-raises-34m-in-series-b-funding.html