NNu Quantum develops high-performance quantum networking solutions built around single-photon technology. Its products include single-photon components, single-photon links, and quantum random number generators used to enable quantum information processing. The devices operate by emitting, guiding, and detecting individual photons to perform secure communication and information processing tasks, with the random number generators providing unpredictable quantum-based numbers for cryptography. The company differentiates itself through a strong IP portfolio and a team spun out of a decade of Cavendish Laboratory research, focusing on delivering reliable, scalable quantum networking components and collaborations with clients. Its goal is to commercialize advanced quantum networking technology and provide industry-leading quantum components and solutions through partnerships and direct sales.
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Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$76M
Headquarters
Cambridge, United Kingdom
Founded
2018
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Atom Computing and Nu Quantum partner to unlock utility-scale quantum computing. June 17, 2026 The collaboration brings together Atom Computing's leading neutral-atom quantum computers and Nu Quantum's state-of-the-art quantum networking stack. BOULDER, Colo. and CAMBRIDGE, England, June 17, 2026 - Atom Computing and Nu Quantum today announced a strategic collaboration to build the hardware essential to scaling neutral atom quantum computers to utility. Under the proposed collaboration, formalised via a Memorandum of Understanding (MoU), the companies will explore integrating Atom Computing's neutral-atom quantum computers with Nu Quantum's dynamically reconfigurable photonic networking hardware, marking an important step toward realizing utility-scale quantum computers. The work will focus on integrated photonics network switches, qubit-photon entanglement technologies, and the modelling of distributed fault-tolerant computing architectures. "Nu Quantum is a global innovator in quantum networking technology and a leader in the UK quantum ecosystem," said Dr. Ben Bloom, CEO and Founder of Atom Computing. "We are pleased to partner with them as we accelerate our path toward scalable, utility-scale quantum computers." "The future of quantum computing depends on distributed architectures capable of scaling beyond single QPUs to deliver real-world utility and meaningful commercial impact. We are excited to launch this substantive technical collaboration and solve together some of the most challenging problems on the path to fault tolerance," said Dr. Carmen Palacios-Berraquero, CEO and Founder of Nu Quantum. Atom Computing continues to lead the quantum computing industry through its pioneering work in neutral-atom quantum technology. The company recently demonstrated a breakthrough in quantum error correction using toric code and announced a $100 million Letter of Intent with the U.S. Department of Commerce. Atom Computing is also deploying the world's first commercial quantum computer with logical qubits and performing in Stage B of DARPA's Quantum Benchmarking Initiative (QBI), where it is demonstrating its pathway to utility-scale quantum computing. Nu Quantum's advanced photonic quantum networking hardware is designed to interconnect quantum processors into utility-scale distributed architectures. The company raised a record-breaking $60 million Series A investment round, the largest for a quantum networking company globally. Nu Quantum has developed a unique design for networking, leveraging qubit-photon interfaces for high-efficiency photon collection, optical circuit-switching technology based on integrated photonics, and expertise in distributed approaches to quantum error-correction. By combining complementary market-leading expertise in quantum computing and quantum networking, Atom Computing and Nu Quantum are defining a scalable, modular approach to quantum computers, positioning the industry to move beyond foundational research and toward transformative, real-world applications. About Atom Computing Atom Computing is developing large-scale quantum computers to enable companies and researchers to achieve unprecedented computational breakthroughs. Utilizing highly scalable arrays of optically trapped neutral atoms, the company has developed systems with over 1,200 qubits, featuring advanced capabilities towards fault-tolerant quantum computing. Atom Computing's on-premises systems provide customers with new computational tools and logical qubit capabilities to address increasingly complex applications and to grow their quantum ecosystem. In 2025 Atom Computing sold its first commercial on-premises quantum computer to QuNorth, a Nordic quantum initiative funded by EIFO and Novo Nordisk Foundation. About Nu Quantum Nu Quantum is the category creator and leader in distributed quantum computing. The company's approach represents a shorter path to useful quantum computing by implementing a modular layer for interconnecting multiple QPUs into a single, more powerful distributed quantum computer. This 'Entanglement Fabric' approach to interoperable networking of quantum computers presents a faster and more scalable method to deliver useful fault-tolerant quantum computing for industrial users. Founded in 2018, the company has raised over $70 million from investors and now has more than 60 team members located primarily in Cambridge and Los Angeles. Satoshi Matsuoka's new paper, "FP8 is All You Need (Part 1): Debunking Hardware FP64 as... As the AI focus shifts from training models to running them, CPUs with large addressable... A recent paper submitted to ArXiv by famed HPC scientist Satoshi Matsuoka, Director of the... Scientific breakthroughs are often associated with new algorithms, novel approaches, or more powerful computing systems... A year ago, AWS's Thierry Pellegrino estimated that quantum computing was still four to five... AI is creating a new set of demands for HPC centers. Researchers are no longer...
University of Cambridge quantum spinout nets record $60M Series A. Nu Quantum says the round is the largest quantum Series A in the UK to date. A University of Cambridge quantum computing spinout, which is building the infrastructure needed for scaling quantum computers, says it has raised the largest ever quantum Series A in the UK. Nu Quantum has raised $60m in a funding round led by National Grid Partners, the VC unit of National Grid, with participation from Gresham House Ventures and Morpheus Ventures. Existing investors, including Amadeus Capital Partners, IQ Capital, Ahren Capital and Cambridge Enterprise Ventures also took part. Nu Quantum says the round was the largest quantum Series A in the UK to date. Quantum computing has long been touted as the next big technology wave. It can solve problems too difficult for normal computers and makes it possible to carry out complex calculations very quickly. Founded in 2018, Nu Quantum is a spinout of the University of Cambridge's Cavendish Laboratory. In 2023, the company raised £8.5 million pre-series A round. The company says quantum applications require systems that are thousands of times more powerful than those available today and that its networking architecture will unlock data centre-scale quantum computing by weaving together quantum processors to accelerate the path to transformational utility. It says it will use the funding for future product development and international expansion, including expanding its presence in Europe and the US. Carmen Palacios-Berraquero, founder, CEO, Nu Quantum, said: "When we launched seven years ago, very few were thinking about networked or distributed quantum computing as a strategy for scaling, but we saw it as one of the most urgent and challenging outstanding problems in the industry, and set out to solve it. "We've made great strides in shaping the market and the technology since then." Steve Smith, chief strategy and regulation officer, National Grid and president of National Grid Partners, said: "We are closer to quantum computing having an impact on businesses and lives than many people think." Follow the developments in the technology world. What would you like us to deliver to you?
Nu Quantum, a British startup building networking infrastructure to connect and scale quantum computers, has raised $60 million in a Series A round led by National Grid Partners, the venture arm of UK utility firm National Grid. The round, originally targeting $40 million to $50 million, was oversubscribed and represents one of the largest Series A rounds raised in the UK. Morpheus Ventures and Gresham House Ventures also participated in the funding. National Grid is exploring quantum computing applications for energy and grid optimisation. The investment highlights growing investor confidence in quantum computing infrastructure as the frontier technology advances towards practical applications.
Nu Quantum, a British startup that builds networking infrastructure to link and scale quantum computers, raised $60 million in one of the largest Series A rounds raised in the UK, as investors bet on advances in the frontier technology.
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Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$76M
Headquarters
Cambridge, United Kingdom
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs