M Squared Announces $43.4M in Financing

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Photonics and quantum technology developer M Squared announced £32.5 million in financing to accelerate growth and advance quantum technology.

Santander UK is providing a £20 million debt facility that allows the company to fund the acquisition of a substantial part of BGF’s current shareholding, as well as to fuel the next state in business and technological growth. The Scottish National Investment Bank will provide £12.5 million in growth capital.

Published: November 2020
The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
BusinessLasersfinancingfundingquantumgrowthgrowth capitalBGFSantanderSantander BankSantander UKM Sqaured LasersM SquaredM Squared LasersM Squared Lasers Ltdlight speed

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