Quantum photonics company Nu Quantum has raised £2.1 million in Seed funding in a round led by Amadeus Capital Partners. 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.
The funding will go towards a state-of-the-art photonics lab in Cambridge and a major recruitment drive for scientists, product team members, and business functions as the company approaches the launch of its first commercial technology demonstration.
Nu Quantum brings together a portfolio of intellectual property combining quantum optics, semiconductor photonics, and information theory, spun out of the University of Cambridge after eight years of research at the Cavendish Laboratory.
The company is developing high-performance light-emitting and light-detecting components, which operate at the single-photon level and at ambient temperature.