About Nu Quantum
Nu Quantum is a company based in Cambridge (United Kingdom) founded in 2018 by Matthew Applegate.. Nu Quantum has raised $72.08 million across 4 funding rounds from investors including British Business Bank, Seraphim and Cambridge Enterprise. The company has 15 employees as of September 30, 2022. Nu Quantum offers products and services including Entanglement Fabric, QPU, and QNU. Nu Quantum operates in a competitive market with competitors including QNu Labs, QuintessenceLabs, ID Quantique, Aegiq and PQShield, among others.
- Headquarter Cambridge, United Kingdom
- Employees 15 as on 30 Sep, 2022
- Founders Matthew Applegate
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Nu Quantum Ltd
- Date of Incorporation 14 Sep, 2018
- Jurisdiction CAMBRIDGE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.08 M (USD)
in 4 rounds
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Latest Funding Round
$60 M (USD), Series A
Dec 10, 2025
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Investors
British Business Bank
& 14 more
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Employee Count
15
as on Sep 30, 2022
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Products & Services of Nu Quantum
Nu Quantum offers a comprehensive portfolio of products and services, including Entanglement Fabric, QPU, and QNU. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Architecture for scaling quantum processors through networked entanglement.
Units interfacing qubits for distributed quantum computing applications.
Unit enabling qubit networking in quantum computing systems.
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Funding Insights of Nu Quantum
Nu Quantum has successfully raised a total of $72.08M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $60 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $60.0M
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First Round
First Round
(01 Sep 2019)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series A - Nu Quantum | Valuation | National Grid Partners | |
| Nov, 2023 | Amount | Seed - Nu Quantum | Valuation | Amadeus Capital , Expeditions Fund | |
| Oct, 2020 | Amount | Seed - Nu Quantum | Valuation | Amadeus Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nu Quantum
Nu Quantum has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include British Business Bank, Seraphim and Cambridge Enterprise. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage deep technology investments are made by Amadeus Capital.
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Investments are made in European deep tech security startups.
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Deep tech venture capital firm investing in European and global startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nu Quantum
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nu Quantum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nu Quantum Comparisons
Competitors of Nu Quantum
Nu Quantum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as QNu Labs, QuintessenceLabs, ID Quantique, Aegiq and PQShield, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based quantum cryptography solutions for secure communication are developed.
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Quantum encryption-based data security solutions are provided.
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| domain | founded_year | HQ Location |
Network and data encryption solutions are provided using quantum technology.
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| domain | founded_year | HQ Location |
Quantum photonics hardware is developed for secure communications.
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| domain | founded_year | HQ Location |
Post-quantum cryptography solutions for secure communications are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nu Quantum
Frequently Asked Questions about Nu Quantum
When was Nu Quantum founded?
Nu Quantum was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Nu Quantum located?
Nu Quantum is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Is Nu Quantum a funded company?
Nu Quantum is a funded company, having raised a total of $72.08M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.71M, raised on Sep 01, 2019.
How many employees does Nu Quantum have?
As of Sep 30, 2022, the latest employee count at Nu Quantum is 15.
What does Nu Quantum do?
Nu Quantum was founded in 2018 in Cambridge, United Kingdom, within the quantum technology sector. Modular hardware based on single-photon source arrays is created for quantum cybersecurity applications. Secure encryption keys are generated through a quantum random number generator. Quantum-secure communication is enabled by quantum key distribution systems, supporting operations in cyber protection and secure data exchange.
Who are the top competitors of Nu Quantum?
Nu Quantum's top competitors include QNu Labs, QuintessenceLabs and ID Quantique.
What products or services does Nu Quantum offer?
Nu Quantum offers Entanglement Fabric, QPU, and QNU.
Who are Nu Quantum's investors?
Nu Quantum has 15 investors. Key investors include British Business Bank, Seraphim, Cambridge Enterprise, Martlet Capital, and Amadeus Capital Partners.
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