UK’s Nu Quantum Raises $60 Million in Round Led by National Grid
Nu 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 Morpheu...
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