UK’s Nu Quantum Raises $60 Million in Round Led by National Grid
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TechnologyGiftGiftGift this articleAdd us on GoogleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowGiftBy Isabella WardDecember 10, 2025 at 10:30 AM GMT+5:30Updated on December 10, 2025 at 5:27 PM GMT+5:30BookmarkSaveTranslateTakeaways by Bloomberg AISubscribeNu 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.
National Grid Plc’s Silicon Valley-based venture arm, National Grid Partners, was the lead investor as the UK utilities firm explores using quantum computers for energy and grid optimization, Nu Quantum said in a statement Wednesday. Venture capital firms Morpheus Ventures and Gresham House Ventures also joined the oversubscribed round, which the startup said originally targeted between $40 and $50 million.