NanoQT Announces First Closing of $14 Million Series A Funding to Redefine Quantum Computing
Summary
NanoQT announced the first closing of its $14 million Series A financing. Phoenix Venture Partners led the round, and several existing and new investors joined. The company plans to use the capital to demonstrate a distributed quantum computing system, productize its nanofiber cavity-QED interconnect, and expand engineering and manufacturing capacity in the U.S. and Japan. NanoQT says its technology will help scale modular quantum processors and support emerging quantum networking use cases.
Funding
Amount
$14.0M
Total raised
Date
September 24, 2025
Announcement date
Investors
Phoenix Venture Partners
Lead investors
Company
nano-qt.com
Funded company
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