Novo Holdings co-leads Phasecraft’s $34 million Series B financing to bring quantum computing closer to solving real-world challenges
New funding follows US expansion and will accelerate Phasecraft’s R&D to develop practical applications in collaboration with end users
Phasecraft is developing algorithms that bridge the gap between today’s noisy quantum computers and tomorrow’s world-changing applications
Copenhagen, Denmark, 2 September 2025 – Novo Holdings, a leading life science investor, today announced it has co-led the $34 million Series B financing of Phasecraft, the world’s leading quantum algorithms company. The funds will be used to accelerate Phasecraft’s breakthrough work to transform quantum computing’s theoretical promise into practical applications.
