Nu Quantum raises £7m pre-Series A

Nu Quantum, the Cambridge-based spin-out at the forefront of the quantum computing revolution, has raised £7M in a pre-series A round. The round is led by Amadeus Capital Partners, Expeditions Fund, and IQ Capital, with increased commitment from Seed investors Ahren Innovation Capital; Seraphim Capital; University of Cambridge and Martlet. New investors joining the round include Presidio Ventures backed by Sumitomo Corporation, the National Security Strategic Investment Fund (NSSIF), and Deeptech Labs.

Nu Quantum is building the entanglement fabric essential to scaling quantum computers and unlocking the full spectrum of applications that will have a transformative impact on society.

Commenting on the fundraise, Dr Carmen Palacios, Founder and CEO of Nu Quantum, said: “Large-scale, fault-tolerant quantum computing will bring about the technological revolution of our generation. We have built an exceptional team dedicated to the mission of building the quantum networking infrastructure necessary to make this a reality. We are grateful to the investors who share our vision for their support as we scale and commercialise our solution.”