"QuantWare has closed a Series B round of €152m ($178m), the largest ever raised by a Dutch deeptech company and the largest private round any dedicated quantum-processor company has closed worldwide."
"The new investor list is unusually heavyweight: Intel Capital, In-Q-Tel, and ETF Partners join an existing syndicate that includes FORWARD.one, Invest-NL Deep Tech Fonds, InnovationQuarter Capital, Ground State Ventures, and Graduate Ventures."
"QuantWare has shipped working quantum processors to more than 50 organisations across 20 countries and is, by its own framing and HPCwire's description, the largest commercial supplier of quantum processors by volume in the world."
"What separates QuantWare from the wider quantum-computing field is the architectural choice it has made, contrasting with typical 2D chip designs in the quantum computing sector."
QuantWare, a Delft-based company, secured €152m in Series B funding, marking the largest round for a Dutch deeptech firm and any quantum-processor company. The funding round was oversubscribed, attracting major investors like Intel Capital and In-Q-Tel. Founded in 2021, QuantWare has shipped quantum processors to over 50 organizations in 20 countries, positioning itself as the largest commercial supplier of quantum processors by volume. The company differentiates itself through its unique architectural design, which contrasts with typical 2D chip designs in the quantum computing sector.
Read at TNW | Deep-Tech
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