About NuCrypt
NuCrypt is a company based in Evanston (United States) founded in 2003 by Prem Kumar was acquired by Quantum Computing in March 2026.. NuCrypt offers products and services including Quantum Optical Instrumentation, Advanced Photonic Technology, Entangled Photon Source, Correlated Photon Detection System, and Polarization Analyzer. NuCrypt operates in a competitive market with competitors including Quandela, Pixel Photonics, ElFys, Single Quantum and Photon Spot, among others.
- Headquarter Evanston, United States
- Founders Prem Kumar
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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 Nucrypt, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$199.21 K (USD), Grant
Jun 28, 2021
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Investors
Quantum Computing
& 1 more
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Employee Count
Employee Count
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Acquired by
Quantum Computing
(Mar 05, 2026)
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Products & Services of NuCrypt
NuCrypt offers a comprehensive portfolio of products and services, including Quantum Optical Instrumentation, Advanced Photonic Technology, Entangled Photon Source, Correlated Photon Detection System, and Polarization Analyzer. 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.
Tools for generating and measuring entangled photons in quantum applications.
Products for laboratory and OEM use in optical and laser technologies.
System for creating entangled photons for research and metrology.
Equipment for detecting correlated photons in advanced experiments.
Device for analyzing photon polarization in quantum optics.
Funding Insights of NuCrypt
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $199,210
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First Round
First Round
(19 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Grant - NuCrypt | Valuation |
investors |
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| Feb, 2019 | Amount | Grant - NuCrypt | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 NuCrypt
NuCrypt has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Quantum Computing and OSTI.GOV. 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Application software for quantum computing and machine learning is developed.
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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 NuCrypt
| 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 - NuCrypt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Nucrypt Comparisons
Competitors of NuCrypt
NuCrypt 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 Quandela, Pixel Photonics, ElFys, Single Quantum and Photon Spot, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Quantum photon sources for qubits are developed by the company.
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| domain | founded_year | HQ Location |
Waveguide-integrated single-photon detectors are designed and provided for quantum uses.
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| domain | founded_year | HQ Location |
Ultraviolet sensitive photodiodes are manufactured using patented induced junction technology.
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| domain | founded_year | HQ Location |
Superconducting nanowire single photon detectors are provided for quantum applications.
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| domain | founded_year | HQ Location |
Nanowire single-photon detectors are developed for laser communication solutions.
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| domain | founded_year | HQ Location |
Developer of high quantum count rate photon entanglement sources
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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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Frequently Asked Questions about NuCrypt
When was NuCrypt founded?
NuCrypt was founded in 2003 and raised its 1st funding round 16 years after it was founded.
Where is NuCrypt located?
NuCrypt is headquartered in Evanston, United States. It is registered at Evanston, Illinois, United States.
Who is the current CEO of NuCrypt?
Prem Kumar is the current CEO of NuCrypt. They have also founded this company.
What does NuCrypt do?
NuCrypt develops and manufactures quantum optical instrumentation for the generation, distribution, and measurement of entangled photons. The product portfolio includes entangled photon source, photon detection system, polarization analyzer, and quantum system control software. It claims that its equipment can perform quantum state reconstruction (tomography) in seconds using analyzers and photon detectors. Additionally, the company develops photonic and fiber-optic systems including pulse generators and pulse pickers that can be integrated with the existing system. The company has won multiple patents and also offers intellectual properties licensing for its products. Its portfolio for licensable technologies includes single photon detection, noise-based encryption, optical sampling and microwave photonics, optical signal generation and control. The products have application in communications and metrology industry.
Who are the top competitors of NuCrypt?
NuCrypt's top competitors include Quandela, Pixel Photonics and ElFys.
What products or services does NuCrypt offer?
NuCrypt offers Quantum Optical Instrumentation, Advanced Photonic Technology, Entangled Photon Source, Correlated Photon Detection System, and Polarization Analyzer.
Who are NuCrypt's investors?
NuCrypt has 2 investors. Key investors include Quantum Computing, and OSTI.GOV.