Nu Quantum secured $60M Series A funding in December, valuing the quantum networking firm at $240M-$360M.
PRIVATEOct 05, 2026
Amount Raised
$60 Million
Round Type
Series A
CambridgeshireInformation Technology
Description
Nu Quantum CEO Carmen Palacios-Berraquero announced the company's $60 million Series A investment round closed in December, described as the largest funding round for a quantum networking company. The funding values Nu Quantum between $240 million and $360 million. The company has doubled its workforce over one year and is transitioning from R&D to product development. Nu Quantum has partnered with Atom Computing and co-founded the Quantum Datacenter Alliance with Cisco.
Company Information
Company
Nu Quantum
Location
Cambridgeshire, England, United Kingdom
About
Nu Quantum is a multidisciplinary company building the technology necessary to scale quantum computers to utility. We were founded in 2018 as a spin-out of the University of Cambridge to commercialise research generated over the last decade at the Cavendish Laboratory. Since then, we have built a strong IP portfolio and interdisciplinary team to develop market-led quantum networking solutions.
Fundz sees it the moment Nu Quantum raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
CambridgeshireInformation Technology