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quantum-computingNu Quantum secures $60 million Series A investment - Data Center Dynamics
Nu Quantum secures $60 million Series A investment Money to accelerate development of quantum networking tech December 12, 2025 By Dan Swinhoe Have your say Facebook Twitter LinkedIn Reddit Email Share UK quantum computing firm Nu Quantum has secured $60 million in new investment.The company this week closed its oversubscribed Series A funding round led by National Grid Partners, including participation from Gresham House Ventures and Morpheus Ventures. – Nu Quantum Nu said the round also featured continued support from existing investors Amadeus Capital Partners, IQ Capital, Ahren Capital, Cambridge Enterprise Ventures, East Innovate, NSSIF, and Sumitomo (Presidio Ventures).The company claimed it is the largest financing round ever raised by a pure-play quantum networking company, and the largest quantum Series A in the UK to date.Founded in 2018 as a spin-out of the University of Cambridge, Nu Quantum is looking to develop a photonic optical switching technology that interconnects quantum processors into a more powerful distributed quantum computer. The company has developed 19-inch rack-mount Quantum Networking Units (QNUs).The funding will be used accelerate Nu Quantum’s goal to reach fault tolerance by interconnecting quantum processors into a more powerful distributed quantum computer, and go towards the firm’s next phase of product development and deployment.Dr. Carmen Palacios-Berraquero, founder and CEO of Nu Quantum, said: “When we launched seven years ago, very few were thinking about networked or distributed quantum computing as a strategy for scaling, but we saw it as one of the most urgent and challenging outstanding problems in the industry, and set out to solve it. We’ve made great strides in shaping the market and the technology since then."As we’ve grown, I’m proud we have created a culture defined by fearless innovation, and fuelled by collaboration and diversity under a shared mission to accelerate quantum computing for good.
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quantum-computingIndia’s Startups Unveil 64-Qubit Processor, Quantum Network
Bengaluru-based QpiAI and QNu Labs, both supported by the I-Hub Quantum Technology Foundation at IISER Pune, have jointly advanced India’s quantum capabilities with the development of novel technologies announced November 12, 2025. QpiAI unveiled Kaveri 64, a 64-qubit quantum processor leveraging the principles of superposition and entanglement for accelerated computation, while QNu Labs established the nation’s first large-scale quantum key distribution (QKD) network. Successfully tested over a 500km optical fiber link with the Indian Army’s Southern Command, the QKD network utilizes quantum mechanics to enable demonstrably secure communication, impervious to conventional and future quantum computing-based eavesdropping attempts. These innovations directly support India’s National Quantum Mission goals for quantum leadership by 2031. Quantum Processor Development: Kaveri 64 India’s quantum computing landscape received a significant boost with the unveiling of Kaveri 64, a 64-qubit processor developed by QpiAI. This marks the first domestically produced quantum processor of this scale. Utilizing the principles of superposition and entanglement, Kaveri 64 promises computational speeds exceeding those of classical computers for specific tasks. QpiAI anticipates commercial availability by late 2026, targeting research institutions, enterprises, and governmental organizations – potentially revolutionizing fields like drug discovery and materials science. The core innovation of Kaveri 64 lies in its qubit architecture, enabling parallel computation – processing multiple possibilities simultaneously. Unlike classical bits limited to 0 or 1, qubits can exist as both concurrently. This capability dramatically increases processing power for complex problems. While still in its early stages, the 64-qubit scale represents a crucial step toward fault-tolerant quantum computing, requiring significant advancements in error correction to realize its full potential. Complementing t
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