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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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.
Architecture for scaling quantum processors through networked entanglement.
Units interfacing qubits for distributed quantum computing applications.
Unit enabling qubit networking in quantum computing systems.
People of Nu Quantum
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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.
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.
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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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Investor details for Nu Quantum
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Investments & Acquisitions by Nu Quantum
Investment portfolio details for Nu Quantum
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Financial Statements - Nu Quantum
Detailed financials for Nu Quantum
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Nu Quantum Comparisons
Peer comparison for Nu Quantum
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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.
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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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Network and data encryption solutions are provided using quantum technology.
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Quantum photonics hardware is developed for secure communications.
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Post-quantum cryptography solutions for secure communications are provided.
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Detailed competitors of Nu Quantum
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Latest news on Nu Quantum
Complete news archive for Nu Quantum
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Frequently Asked Questions about Nu Quantum
Nu Quantum was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Nu Quantum is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Nu Quantum is a funded company, having raised a total of $72.08M across 4 funding rounds to date.
As of Sep 30, 2022, the latest employee count at Nu Quantum is 15.
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.
Nu Quantum's top competitors include QNu Labs, QuintessenceLabs and ID Quantique.
Nu Quantum offers Entanglement Fabric, QPU, and QNU.
Nu Quantum has 15 investors. Key investors include British Business Bank, Seraphim, Cambridge Enterprise, Martlet Capital, and Amadeus Capital Partners.