# Startup funding in the United Kingdom, June 2026: Oxford Quantum Circuits's $350M Series C leads 31 rounds

> We read 31 equity rounds raised in the United Kingdom and announced in June 2026, raising $1.2B between them: 13% of the rounds we read worldwide that month...

Source: https://millionrounds.com/news/monthly/2026-06/united-kingdom (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **31** raised in the United Kingdom, 31 with an amount

Raised **$1.2B** across those rounds

Lead named **58%** of rounds say who led

Share of the world **13%** of rounds; 3% of the money

## The biggest rounds

- [1 **Oxford Quantum Circuits** Series C · led by Bullhound Capital **$350M**](https://millionrounds.com/company/oxford-quantum-circuits)
- [2 **PhysicsX** Series C · led by Temasek Holdings **$300M**](https://millionrounds.com/company/physicsx)
- [3 R **RQ Bio** Series A · led by Frazier Life Sciences **$115M**](https://millionrounds.com/company/rq-bio)
- [4 W **Wordsmith** Series B · led by Index Ventures, Highland Europe **$70M**](https://millionrounds.com/company/wordsmith)
- [5 B **BibliU** Growth **$55M**](https://millionrounds.com/company/bibliu)
- [6 **IMU Biosciences** Series A · led by IQ Capital, Molten Ventures **$53M**](https://millionrounds.com/company/imu-biosciences)
- [7 **Inherent** Seed · led by Index Ventures, Radical Ventures **$50M**](https://millionrounds.com/company/inherent)
- [8 S **Semble** Series C · led by Partech Ventures, Revaia **$40M**](https://millionrounds.com/company/semble)
- [9 **Gigaton** Series A · led by Plural **$26M**](https://millionrounds.com/company/gigaton)
- [10 A **Airspeed** Series A · led by DN Capital **$20M**](https://millionrounds.com/company/airspeed)

## Day by day

Equity rounds raised in the United Kingdom and announced each day of June. The busiest day was 3 June, with 4.

1 June 30 June

## By stage, against the year

Each stage's median this month beside its twelve-month median: the United Kingdom's own where we hold enough rounds for a benchmark, otherwise the worldwide one.

[Pre-seed](https://millionrounds.com/benchmarks/pre-seed/united-kingdom) *2* **$3.5M** this month **$1.8M** 12 months here

[Seed](https://millionrounds.com/benchmarks/seed/united-kingdom) *10* **$2.4M** this month **$3.2M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/united-kingdom) *12* **$13M** this month **$13M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b/united-kingdom) *2* **$43M** this month **$42M** 12 months here

[Series C](https://millionrounds.com/benchmarks/series-c) *4* **$170M** this month **$100M** 12 months, worldwide

[Growth](https://millionrounds.com/benchmarks/growth/united-kingdom) *1* **$55M** this month **$24M** 12 months here

## The most active leads

Firms that led two or more of the month's rounds in the United Kingdom.

- [**Index Ventures** Inherent, Wordsmith *2 led*](https://millionrounds.com/fund/index-ventures)
- [**Empirical Ventures** Neuronostics, Silveray *2 led*](https://millionrounds.com/fund/empirical-ventures)

## In what

- [AI](https://millionrounds.com/news/monthly/2026-06/sector/ai) **16**
- [Healthcare](https://millionrounds.com/news/monthly/2026-06/sector/healthcare) **8**
- [Enterprise Software](https://millionrounds.com/news/monthly/2026-06/sector/enterprise-software) **3**
- [Robotics](https://millionrounds.com/news/monthly/2026-06/sector/robotics) **3**
- [Biotech](https://millionrounds.com/news/monthly/2026-06/sector/biotech) **2**
- [Hardware & Electronics](https://millionrounds.com/news/monthly/2026-06/sector/hardware) **2**
- [Aerospace & Space](https://millionrounds.com/news/monthly/2026-06/sector/aerospace) **2**
- Education **2**

AI was the busiest sector in the United Kingdom.

## Against the world

- Rounds, the United Kingdom **31**
- Rounds, worldwide **245**
- Raised, the United Kingdom **$1.2B**
- Raised, worldwide **$35B**

[The whole of June 2026](https://millionrounds.com/news/monthly/2026-06)

## Other countries in June

[106 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-06/united-states)[9 rounds **Australia** *→*](https://millionrounds.com/news/monthly/2026-06/australia)[8 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-06/india)[8 rounds **Germany** *→*](https://millionrounds.com/news/monthly/2026-06/germany)[7 rounds **Netherlands** *→*](https://millionrounds.com/news/monthly/2026-06/netherlands)[6 rounds **France** *→*](https://millionrounds.com/news/monthly/2026-06/france)[6 rounds **Spain** *→*](https://millionrounds.com/news/monthly/2026-06/spain)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, counted by the country the company raised in. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each month the eight countries with the most equity rounds get their own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
