Nu Quantum Ltd

Based in Cambridge, UK, Nu Quantum Ltd specializes in advanced quantum networking technology, focusing on the development of innovative solutions for quantum computing systems. Nu Quantum Ltd, founded in 2018 in Cambridge, UK, develops technologies for quantum networking, particularly through its flagship product, the Entanglement Fabric. In December 2025, Nu Quantum Ltd raised EUR 51 million in series A funding led by investor National Grid Partners, with participation from other investors Gresham House, Morpheus Ventures, Spanish Society for Technological Transformation, Amadeus Capital Partners, IQ Capital, Ahren Innovation Capital, Cambridge Enterprise, East Innovate, National Security Strategic Investment Fund, and Presidio Ventures. The founders, Mete Atatüre and Yuri Andersson, have backgrounds in quantum technology, with Carmen Palacios-Berraquero serving as CEO.

Nu Quantum specializes in advanced quantum networking technology, primarily through its flagship product, the Entanglement Fabric. This innovative architecture integrates entangled qubit networks and is designed to enable datacentre-scale quantum computing by interconnecting existing quantum processors. The Entanglement Fabric incorporates high-speed computer network interfaces, a photonic switching fabric, and comprehensive control systems, facilitating the development of multi-core quantum supercomputers and quantum data centers. The technology serves a diverse client base, including qubit companies, end-users in the quantum computing sector, datacentre leaders, national government agencies, and prestigious universities.

Nu Quantum's products are marketed globally, with a particular focus on regions actively investing in quantum technologies, such as North America, Europe, and parts of Asia. Nu Quantum's revenue model is structured around partnerships and collaborations with various stakeholders in the quantum computing ecosystem. The company engages in B2B transactions, providing its Entanglement Fabric and associated technologies to businesses and institutions that require advanced quantum computing capabilities. Revenue is generated through strategic partnerships with quantum computing firms and end-users, leveraging subscription-based access to their technology and support services.

Specific pricing structures for their products and services are tailored to the needs of clients, enabling flexible engagement based on the scale and complexity of the deployment. This transactional framework allows Nu Quantum to cater to diverse market demands while fostering long-term relationships within the quantum computing community. The company plans to utilize the December 2025 funding to speed up product development, enhance the capabilities and reach of quantum networking, and grow its presence across Europe and the US.