Nu Quantum Ltd
Illuminating the quantum revolution.
TL;DR
Headquarters: Cambridge, UK (research labs in Cambridge and Harwell; business office in Los Angeles)
Founded: 2018 (University of Cambridge/Cavendish Laboratory spin-out)
Founder & CEO: Dr. Carmen Palacios-Berraquero
Product focus: Quantum networking hardware and software — 'Entanglement Fabric' for distributed quantum computing
Employees (approx.): 60–69
Notable funding: Seed and follow-on rounds including a £2.1M seed (2020); later rounds including £7M pre-Series A and a $60M Series A
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Company Overview
Problem Domain
Distributed quantum computing and quantum networking for scaling quantum processors
Founded
2018
Industry
Technology, Information and Internet
Funding Track Record
£650,000
Pre-seed round prior to 2020 seed
£2.1M
Seed round with follow-on participation from Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital
£7M
Announced as a pre-series A round
$60M
Series A described as oversubscribed with participation from Gresham House Ventures and Morpheus Ventures and continued support from existing investors
Investor Signal
“Mix of deep-tech VCs and strategic/corporate investors including Amadeus Capital Partners, IQ Capital, Expeditions Fund, Ahren Innovation Capital, Seraphim Capital, Cambridge Enterprise/Martlet, Presidio Ventures (Sumitomo), and the National Security Strategic Investment Fund (NSSIF)”