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Nu quantum, the category creator and leader in distributed quantum computing, has closed its oversubscribed $60 million series a funding round led by national grid partners, including participation from gresham house ventures and morpheus ventures, and continued support from existing. Uk's nu quantum raises $60 million in round led by national grid nu quantum, a british startup that builds networking infrastructure to link and scale quantum computers, raised $60 million in one of the largest series a rounds raised in the uk, as investors bet on advances in the frontier technology. The massively oversubscribed round was led by national grid partners.
Cambridge startup nu quantum raises $60m to build the networking layer linking quantum computers into powerful distributed systems. The funds will accelerate development of nu quantum's. Nu quantum has closed a $60 million series a funding round led by national grid partners, validating demand for scalable networking technologies in quantum computing
This financing will accelerate the company’s development of an “entanglement fabric” aimed at interconnecting quantum processors and achieving fault tolerance, ultimately unlocking the potential of the growing quantum.
National grid partners led the round, joined by gresham house ventures, morpheus ventures, amadeus capital partners, iq capital, ahren capital, cambridge enterprise ventures, east innovate, nssif, and sumitomo
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