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Nu Quantum raises £45m to scale quantum computers

Published: December 10, 2025 at 9:22 am

Author: Patrick Killeen

Cambridge-based Nu Quantum has closed an oversubscribed £45 million Series A funding round.

The round was led by National Grid Partners, with participation from Gresham House Ventures and Morpheus Ventures, as well as continued backing from Amadeus Capital Partners, IQ Capital, Ahren Capital, Cambridge Enterprise Ventures, East Innovate, NSSIF and Sumitomo (Presidio Ventures).

The fresh capital will be used to accelerate the firm’s push toward fault-tolerant, distributed quantum computing – a route the company believes is the most realistic way to unlock the projected $1 trillion quantum computing market

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