# Phasecraft funding: rounds and investors

> Phasecraft has raised $51M across 2 rounds since 2023. Investors include Playground Global, LocalGlobe and Parkwalk. Every round with its source.

Source: https://millionrounds.com/company/phasecraft (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Phasecraft*

2 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Deeptech Quantum Computing Software

Funding summary Updated 26 Oct 2026

**$51M** raised across 2 rounds since 2023, from 2 sources

**$17M** Series A **$34M** Series B

- **Latest round:** Series B, $34M Sept 2025
- **Led by:** Playground Global and Plural and 1 more
- **Step-up i:** 2.1×
- **Investors:** 11 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025

**$17M** Series A

**$34M** Series B

- **First round:** Series A, $17M
- **Biggest round:** $34M
- **Between rounds:** 2.1 years

## The rounds

- **Sept 2025** Series B **$34M** *4 new* *5 returning* [Playground Global](https://millionrounds.com/fund/playground-global) Lead [Plural](https://millionrounds.com/fund/plural) Lead [Novo Holdings' Quantum Fund](https://millionrounds.com/fund/novo-holdings-quantum-fund) Lead [LocalGlobe](https://millionrounds.com/fund/localglobe) [Parkwalk](https://millionrounds.com/fund/parkwalk) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Episode 1](https://millionrounds.com/fund/episode-1) [AlbionVC](https://millionrounds.com/fund/albionvc) [Latitude Investment Management Llp](https://millionrounds.com/fund/latitude) Reported by UCL Technology Fund
- **Aug 2023** Series A **$17M** *7 new* [Playground Global](https://millionrounds.com/fund/playground-global) Lead [LocalGlobe](https://millionrounds.com/fund/localglobe) [Parkwalk](https://millionrounds.com/fund/parkwalk) [Episode 1](https://millionrounds.com/fund/episode-1) [AlbionVC](https://millionrounds.com/fund/albionvc) [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) [LCIF](https://millionrounds.com/fund/lcif) Reported by UCL Technology Fund

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2023 **Series B** 2025 [Playground Global](https://millionrounds.com/fund/playground-global) L L [LocalGlobe](https://millionrounds.com/fund/localglobe) [Parkwalk](https://millionrounds.com/fund/parkwalk) [Episode 1](https://millionrounds.com/fund/episode-1) [AlbionVC](https://millionrounds.com/fund/albionvc) [Plural](https://millionrounds.com/fund/plural) L [Novo Holdings' Quantum Fund](https://millionrounds.com/fund/novo-holdings-quantum-fund) L [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) [Latitude Investment Management Llp](https://millionrounds.com/fund/latitude)

## Everyone who backed them

[Playground Global](https://millionrounds.com/fund/playground-global) VC firm **2** rounds, led 2

[LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **2** rounds

[Parkwalk](https://millionrounds.com/fund/parkwalk) VC firm **2** rounds

[Episode 1](https://millionrounds.com/fund/episode-1) VC firm **2** rounds

[AlbionVC](https://millionrounds.com/fund/albionvc) VC firm **2** rounds

[Plural](https://millionrounds.com/fund/plural) VC firm **1** round, led 1

[Novo Holdings' Quantum Fund](https://millionrounds.com/fund/novo-holdings-quantum-fund) Growth equity **1** round, led 1

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round

[UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) VC firm **1** round

[Latitude Investment Management Llp](https://millionrounds.com/fund/latitude) VC firm **1** round

[LCIF](https://millionrounds.com/fund/lcif) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=phasecraft).

## Quick answers about Phasecraft

### Who invested in Phasecraft?

Phasecraft's investors include Playground Global, LocalGlobe, Parkwalk, Episode 1 and AlbionVC, and 6 more on record. Playground Global led its latest round.

### How much has Phasecraft raised?

Phasecraft has raised $51M across 2 rounds since 2023.

### When did Phasecraft last raise?

Phasecraft's most recent round was a Series B of $34M in Sept 2025, led by Playground Global.

### What was Phasecraft's biggest round?

Its most recent round, $34M in Sept 2025, is also its largest on record.

### Who backed Phasecraft first?

Phasecraft's first round on record, in Aug 2023, was backed by Playground Global, LocalGlobe and Parkwalk and 4 others.

### What stage is Phasecraft at?

Phasecraft's latest named round is a Series B, in Sept 2025.

### Where is Phasecraft based?

Phasecraft is based in the United Kingdom.

### Who led Phasecraft's rounds?

Playground Global led the Series A in 2023.

## Companies like Phasecraft

In the same sector, and raised in the last eighteen months.

[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Meticulous** $19M · Oct 2026](https://millionrounds.com/company/meticulous)[**Occam** $4.3M · Sept 2026](https://millionrounds.com/company/occam)[**Brand Nudge** $9.6M · Sept 2026](https://millionrounds.com/company/brand-nudge)[**MicroLub** $15M · Sept 2026](https://millionrounds.com/company/microlub)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)

## Find investors like these

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