2 years ago

Nu Quantum Secures £7 Million to Scale Quantum Computing Through Networking

  • Cambridge-based quantum networking startup Nu Quantum has raised £7 million in a pre-Series A funding round

  • The company aims to scale up quantum computers by interlinking smaller units into a larger network

  • The investment was led by Amadeus Capital Partners, Expeditions Fund, and IQ Capital, with participation from investors including the University of Cambridge, Martlet, and the National Security Strategic Investment Fund.

      • ProblemTechnology

      "Scaling up quantum computers is a major hurdle, limiting their ability to tackle complex problems."

      Solution

      "Nu Quantum is building a quantum networking unit that connects smaller quantum computers, enabling the creation of larger, more powerful networks to overcome scaling limitations."

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