Nu Quantum, the Cambridge-based quantum photonics company, raised a £650,000 pre-seed investment round led by Amadeus Capital Partners, with support from IQ Capital, Ahren Capital, Cambridge Enterprise and Martlet Capital, the investment arm of Marshall of Cambridge Group.
Nu Quantum is one of the few quantum companies trying to apply the technology in “free space” communications, meaning without fibre optics. The goal is secure exchange via satellite and metropolitan links, and tests with a major UK telecoms company will begin soon. (Tech.eu)