Phasecraft, based in London, is developing specialized software to harness the potential of quantum systems for complex problem-solving. Operating on a B2B SaaS model, the company focuses on optimizing current quantum hardware capabilities, distinguishing itself from competitors who rely on classical computing or are in early stages of quantum technology. While the challenge of slower computations for intricate problems exists, Phasecraft has notable backing from investors like Local Globe and Playground Global to support its innovative work, provided it can keep up with rapid advancements in the field.