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Professor Toby Cubitt, co-founder of Phasecraft, spoke at UCLB's I-O Converse event on February 24, 2026, about his transition from academia to entrepreneurship in quantum algorithms. Phasecraft aims to apply existing quantum hardware to real-world challenges in materials modeling and optimization, addressing issues in industries such as battery technology and logistics.

Cubitt noted a significant shift in quantum computing capabilities around 2018-2019, which motivated him to leave academia. He advised potential founders to choose co-founders carefully and to understand the different operational dynamics in startups, particularly regarding fundraising and financial management.