Nu Quantum, a developer of distributed quantum computing, has closed a $60 million series A funding round to accelerate its efforts to reach fault tolerance by interconnecting quantum processors into a more powerful distributed quantum computer. Nu Quantum’s quantum networking stack allows quantum computers to scale by weaving individual processors into a modular, distributed computing fabric. Nu Quantum expects mass commercialization of quantum computing to happen via distributed architectures in quantum datacenters, underpinned by its networking infrastructure, which it calls the Entanglement Fabric. The company's architecture is adaptable to support scaling for multiple different qubit modalities. The funding will drive Nu Quantum’s next phase of product development and deployment per the company’s roadmap to advance quantum networking state-of-the-art in both performance and scale, the company said. The funding, which the company called the largest financing round raised by a pure-play quantum networking company, will also support the company’s international expansion, including the growth of its presence in Europe and the U.S. Following the opening of its Los Angeles office in 2024, Nu Quantum has built a U.S.-based strategic advisory board, comprised on Robert Sutor, formerly of IBM; Roland Acra, former CTO of Cisco Systems; and Richard Moulds, former head of Amazon Braket, the AWS quantum computing as a service platform. With the funding secured, Nu Quantum will continue to bring together the ecosystem under the umbrella of the Quantum Datacenter Alliance (QDA), and work with quantum processing unit partners to advance network-processor integration.
