New investors, including national grid partners, gresham house ventures and morpheus ventures, validate growing demand for modular, scaling networking technologies within quantum computing Cambridge startup nu quantum raises $60m to build the networking layer linking quantum computers into powerful distributed systems. The oversubscribed funding round will accelerate nu quantum’s entanglement fabric roadmap, support the expansion of its multidisciplinary team, and fuel its global growth
Cambridge, uk and los angeles. 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. Press release — 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 investors amadeus capital partners, iq capital, ahren capital, cambridge enterprise ventures.
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
