QuantWare, a Delft, The Netherlands-based quantum computing firm constructing know-how to create quantum processors, raised €20m in Collection A funding.
The spherical was co-led by Make investments-NL Deep Tech Fund and Innovation Quarter, with participation from EIC Fund and present traders together with FORWARD.one, Graduate Entrepreneur Fund and QDNL Participations, in addition to Job van der Voort, founder and CEO of Distant.com.
Led by Alessandro Bruno, CTO, and Matthijs Rijlarsdam, CEO, QuantWare develops VIO, a know-how that enables its clients to create giant quantum processors (QPUs). VIO permits customers to scale any qubit design and unlock the quickest path in direction of quantum computer systems with greater than 1 million qubits in a single processor.
The corporate provides VIO by way of its personal designed QPUs, whereas third-party clients could make use of the know-how by way of Foundry and Packaging Companies. QuantWare already powers quantum computer systems for purchasers in 20 nations world wide.
The corporate intends to make use of the funds to additional develop VIO and construct out its chip fabrication services. This may permit QuantWare to arrange VIO to allow the creation of a lot bigger QPUs and ship its know-how to extra clients – answering the elevated demand of its world buyer base.
Final week, QuantWare introduced the launch of pre-orders of ‘Contralto -A’, a QPU made for error correction.
FinSMEs
06/03/2025
