09 Jun 2025
IonQ Announces Agreement to Acquire Oxford Ionics, Accelerating Path to Pioneering Breakthroughs in Quantum Computing
We’re proud to announce that our European Ventures portfolio company Oxford Ionics has entered into an agreement to be acquired by IonQ, a leading quantum computing and networking company.
We’ve been partnering with the company since 2023 and are delighted to see forward progress in the advancing of quantum technology.
Prosus is a shareholder in Oxford Ionics, including Sandeep Bakshi, Head of European Investments at Prosus Ventures and Board Observer at Oxford Ionics, with other shareholders including Oxford Science Enterprises, Braavos, and Lansdowne Partners. The company spun out of Oxford University with venture-building support from Prosus.
For more information on this announcement, please see Oxford Ionics's press release.
About Prosus
Prosus is the power behind the world’s leading lifestyle ecommerce brands, across Europe, India, and Latin America, unlocking an AI-first world for our 2 billion customers.
The Prosus technology ecosystem spans food delivery, payments, classifieds, travel, events, and mobility. Our integrated approach enhances user engagement and creates the foundation for unprecedented AI capabilities through proprietary data and cross-service intelligence.
Through Prosus Ventures, we invest in companies which inspire and support the Prosus ecosystem. We search for new opportunities at the leading edge of AI and ecommerce, the digital AI workforce and in frontier technologies, such as robotics, drones and synbio.
The team actively backs exceptional entrepreneurs who are using technology to improve people’s everyday lives.
To find out more, please visit www.prosus.com.