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ORCA Computing

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Developing quantum computers for real-world applications

London, United KingdomFounded 2019Semiconductors
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About ORCA Computing

ORCA Computing, established in 2019 as a spin-out from the University of Oxford, is at the forefront of developing full-stack photonic quantum computers. The company was co-founded by Richard Murray (CEO), Professor Ian Walmsley (Chairman), Joshua Nunn (CSO), and Cristina Escoda. The founders bring a wealth of experience to the venture. Murray holds a Ph.D. in quantum atom-optics and previously led the UK's national quantum technologies program. Walmsley's extensive 30-year research career in photonics forms the scientific bedrock of the company. Nunn, a former Royal Society University Research Fellow at Oxford, led the team that invented the core ORCA memory technology. Escoda contributes a strong background in finance and deep-tech startups.

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The company's core business revolves around providing quantum computing systems that address complex problems in areas like machine learning, generative AI, and optimization. ORCA targets clients such as government defense agencies, national quantum computing centers, and supercomputing facilities that own extensive computing infrastructure. Notable clients include the UK Ministry of Defence, the National Quantum Computing Centre (UK), and the Poznan Supercomputing and Networking Center in Poland. The business model focuses on selling these on-premises quantum systems, which are designed to function as accelerators for existing classical high-performance computing (HPC) infrastructure.

ORCA's key technological differentiator is its approach to photonic quantum computing, which utilizes light particles (photons) and operates at room temperature. This method avoids the need for the expensive and cumbersome cryogenic cooling required by many other quantum computing platforms. The system is built using a modular, fiber-optic-based architecture and incorporates readily available telecommunications components, which facilitates scalability and integration. A central component of their technology is a proprietary quantum memory that allows for the storage and synchronization of quantum operations, addressing a fundamental challenge in optical quantum computing. The company offers the PT Series of quantum computers, including the PT-1 and the more advanced PT-2, which can be integrated into standard data center racks. These systems are accessible through a Python-based SDK integrated with PyTorch, simplifying development for machine learning users.

Since its inception, ORCA has achieved significant milestones. In June 2022, the company secured $15 million in a Series A funding round led by Octopus Ventures. It was also selected to lead the £11.6 million 'Quantum Data Centre of the Future' project by the UK government. A key strategic move was the January 2024 acquisition of the integrated photonics division of GXC, a Texas-based company, which brought in valuable intellectual property and an experienced team. By early 2025, ORCA had delivered ten on-premises quantum photonic systems to customers worldwide.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
London, United Kingdom
Employees
39
Open positions
4
Dealroom signal
65.7/100
Sector
Semiconductors, Quantum Computing, Spinout, Space Tech, Quantum Computers, ESA, ESA SME, Future of Computing, Quantum Computers and Processors, Hard Tech
Technology
Hardware, Deep Tech, Quantum Technologies
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Apr 2024 $1.5M — Undisclosed ↗
GRANT✓Other financing Mar 2024 $406K — Undisclosed ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

ORCA Computing website traffic

Latest recorded traffic for ORCA Computing is 7.8K monthly website visits, down 9.3% over the last three months. ORCA Computing's team declined 4.9% over the past year.

Latest monthly visits7.8K 3-month web change-9.3% 1-year team growth-4.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Atmos Ventures
  • Oxford Science Enterprises
  • Quantonation

Series A2 investors entered at this stage

Other known investors7 additional known investors

  • Oxford University Innovation
  • University of Oxford
  • Creative Destruction Lab
  • MK Venture Capital
  • OUI Startup Incubator
  • Perscitus
  • PFR Ventures
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇬🇧 United Kingdom77.8%
🇺🇸 United States19.4%
🇨🇦 Canada2.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ORCA Computing on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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