UK-based Quantum Motion, which builds quantum computers on silicon chips, raised a $160M Series C; EU-backed growth fund Kembara made its first investment (Bloomberg)

Quantum Motion's $160M Series C funding signals accelerating momentum in silicon-based quantum computing, a potentially disruptive technology that could reshape cryptography, drug discovery, and optimization workloads within the next 5-10 years. EU strategic backing through the Kembara fund indicates governments are prioritizing quantum computing as critical infrastructure, creating both competitive pressure and investment opportunities for IT organizations to begin quantum readiness planning. Organizations should monitor this technology trajectory as quantum capabilities mature, particularly regarding cybersecurity implications and the need to prepare for eventual quantum-resistant encryption standards.