Bosch Ventures led a £42m Series B funding round in Quantum Motion.

Bosch Ventures, a venture capital firm, led a £42m Series B funding round in Quantum Motion, a quantum computing company, with participation from Porsche and National Security Strategic Investment Fund. “Quantum computers will think in totally different ways to computers today. Problems that would take a supercomputer thousands of years to crack could be solved by a quantum computer in minutes. The earliest impact will be in areas related to materials science including energy materials, chemistry such as drug discovery, or optimization — possibly stretching to logistics and transport,” James Palles-Dimmock, Quantum Motion CEO.