Nu Quantum Secures £7 Million to Build Networking Infrastructure For Quantum Computers
Insider Brief Nu Quantum raised £7 million in a pre-series A round. The round is led by Amadeus Capital Partners, Expeditions Fund and IQ Capital. Nu Quantum is developing scalable quantum networking, essential to delivering useful quantum computing. Image: Nu Quantum management team (provided). PRESS RELEASE — Nu Quantum, the Cambridge-based quantum networking company, today […]
Riverlane Raises £15 Million Series B to Advance Useful Quantum Computing
Insider Brief Riverlane announced a £15 million Series B, led by Molten Ventures. Riverlane is a quantum engineering company and the deal is expected to “substantially increase” the company’s valuation. Critical Quote: “Solving quantum error correction – one of the defining scientific challenges of our times – will enable quantum computers to accurately simulate the […]
iPronics Raises €3.7M to Accelerate The Adoption of Programmable Photonic Chips
PRESS RELEASE — Valencia, Spain/JULY 27, 2022 — iPRONICS, the pioneering photonic computing company that has developed the first general-purpose photonic processor that is reconfigurable by software, today announced a €3.7M investment led by Amadeus Capital Partners, with participation from Caixa Capital Risc. Emerging technology trends in autonomous vehicles and LIDAR, 5G signal processing, deep learning and AI, cyber […]
Some of the Biggest Names in Venture Capital Are Buying Into Quantum Startups — And Not Just Financially
More venture capitalists are investing in quantum computing and they are also investing in the talent necessary to understand this complex emerging — and uncertain — sector. According to The Quantum Insider, $5 billion of private capital has poured into quantum technologies since 2002, with $3 billion of this being in 2021 alone. Those funds […]
Riverlane Secures $20 million in Series A Funding, Aims to Make Quantum Computers Useful, Sooner
Riverlane has raised $20 million in Series A funding to build Deltaflow, its operating system for quantum computers, according to a company statement. Over the past year, we have signed up 20% of the world’s quantum hardware manufacturers to use Deltaflow and will use the funding to expand internationally to the US, Europe and beyond. […]
Nu Quantum Raises £2.1 Million Seed Investment to Accelerate Quantum Photonics Commercialization
Nu Quantum, the quantum photonics company, has raised £2.1 million in Seed funding in a round led by Amadeus Capital Partners, according to a news release. Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital have also followed-on from the company’s pre-Seed investment round last September, with Seraphim Capital joining as a new investor. […]