IOP and Quantum Exponential partner to boost UK quantum technology start-ups

The Institute of Physics (IOP) has announced a new partnership with Quantum Exponential Group plc (QEG) to accelerate the growth of quantum technology start-ups across the UK.

The collaboration will focus on strengthening the UK’s quantum innovation ecosystem by combining scientific expertise, investment capability and business support. It aims to help early-stage companies scale, attract funding and bring new quantum technologies to market.

At the centre of the partnership is the IOP Accelerator, based at the IOP’s King’s Cross headquarters in London. The Accelerator provides affordable workspace and targeted support for physics-powered start-ups, helping transform research into commercial applications.

Through the partnership, quantum start-ups will gain access to investment, mentorship and cutting-edge research infrastructure, alongside connections to academic institutions, industry partners and investor networks. The initiative will also support stronger links across the UK’s wider quantum ecosystem, including national laboratories and regional innovation clusters.

The agreement builds on the IOP’s established role in supporting physics-based businesses and aligns with growing national ambition to secure global leadership in quantum technologies. By bringing together infrastructure, funding and expertise, the partnership aims to create clearer pathways for innovation and commercialisation.

Anne Crean, Associate Director of Science, Business and Data Insights at the IOP, said: “By combining our strengths, the IOP and Quantum Exponential aim to strengthen the national ecosystem for quantum start-ups and advance the UK’s quantum strategy.

“This partnership is an exciting opportunity to support the blossoming quantum sector by building on our established model of supporting physics-powered innovation.”

Steven Metcalfe, CEO Quantum Exponential, said: “Working alongside the IOP allows QEG to strengthen our support to the UK quantum ecosystem. Via our sponsorship of the qBIG prize and educational events we encourage innovators to engage with both QEG and the IOP to explore the best paths for commercialising their technologies.”

Quantum technologies are increasingly seen as a key driver of future economic growth, with applications spanning computing, healthcare, energy systems and national security. The partnership reflects a shared commitment to ensuring the UK remains competitive in this fast-developing global sector.

_{(L-r) Dr Kirill Pyshkin - Quantum Exponential Managing Partner (GP VC investment vehicle II), Tom Grinyer - IOP Chief Executive, Steven Metcalfe - CEO Quantum Exponential, Anne Crean - IOP Associate Director of Science, Business and Data Insights, Stuart Nicol - Quantum Exponential Chief Investment Officer}