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QuantWare raises €20M to industrialize quantum processors

Matthijs Rijlaarsdam, CEO of Quantware

Quantum computing faces a major challenge: scaling quantum processors (QPUs). Until now, most architectures have relied on interconnecting small systems, leading to performance losses and complicating error correction. This limitation slows down the transition from research to viable industrial applications.

The need for quantum processors capable of supporting millions of qubits has become critical. However, few players can provide a viable technical solution, delaying progress toward large-scale, practical quantum computing.

QuantWare stands out with its VIO (Versatile Integrated Optics) platform, enabling the fabrication of monolithic QPUs with over one million qubits, eliminating the inefficiencies associated with fragmented architectures. Unlike existing solutions that rely on interconnected systems, QuantWare’s technology integrates optical and superconducting circuits directly for improved stability and performance.

In addition to its own quantum processors, the company offers a foundry model that allows third parties to design and manufacture their own QPUs. This approach paves the way for an ecosystem of suppliers capable of developing quantum solutions without the need for heavy infrastructure.

Designed for quantum error correction, this processor is nearly twice the size of competing commercial solutions and remains compatible with future VIO versions, ensuring a smooth evolution path for its clients.

QuantWare relies on an executive team composed of experts in quantum physics, superconducting circuit design, and semiconductor industrialization.

QuantWare has raised €20 million in a Series A round co-led by Invest-NL Deep Tech Fund and Innovation Quarter, with participation from the EIC Fund and existing investors such as FORWARD.one, Graduate Entrepreneur Fund, and QDNL Participations. Job van der Voort, founder and CEO of Remote.com, also joined the round.

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