The University of Cambridge is an academic institution backing technology ventures.
Portfolio
4
companies
Nu Quantum
Nu Quantum develops hardware infrastructure to interconnect and scale quantum computers.
Tenyks
Tenyks builds software that helps machine learning engineers improve computer vision models.
Riverlane
Riverlane builds quantum error correction technology to remove hardware errors.
Sano Genetics
Sano Genetics provides a comprehensive software platform for precision medicine clinical trials.
The pre-series A round was led by Amadeus Capital Partners, Expeditions Fund, and IQ Capital.
"Large-scale, fault-tolerant quantum computing will bring about the technological revolution of our generation. We have built an exceptional team dedicated to the mission of building the quantum networking infrastructure necessary to make this a reality. We are grateful to the investors who share our vision for their support as we scale and commercialise our solution."
The financing round was co-led by Speedinvest and firstminute capital to help double the startup engineering team.
"In one case, a machine learning engineer used Tenyks to identify the root causes of 80% of their algorithm’s failures. These findings helped them deliver higher quality results to their customers because of the significantly improved system performance. Moreover, future new deployments can be onboarded in half the time because the engineers can now focus their efforts on alleviating the key bottlenecks,"
The financing will support international expansion and development of the Deltaflow operating system.
"For a quantum ecosystem to thrive, we urgently need an operating system. An operating system makes quantum computers useful – it allows programs and applications to run on many different machines. Riverlane aims to make our operating system Deltaflow a global standard."
The seed round was supported by Seedcamp alongside Cambridge Enterprise, angel investors, and grant providers.
"We want to build the platform that will make personalised medicine a reality"
