""Quantum computers will help solve humanity's greatest challenges, but only if they can be manufactured on an industrial scale. That is exactly what we are working on," said CEO and co-founder Matthijs Rijlaarsdam."
"QuantWare produces commercial quantum processors (QPUs) that utilize a proprietary architecture. The company was founded as a spin-off from TU Delft and QuTech and has grown within five years to become the world's largest commercial QPU supplier, with customers in twenty countries."
"The funding round follows the launch of VIO-40K, a modular architecture that QuantWare claims is the foundation for the world's most powerful quantum chips."
"As a fabless designer, QuantWare focuses solely on the quantum chip as a component, unlike companies such as IBM, Google, and Rigetti, which are pursuing a 'full-stack' quantum solution."
QuantWare has raised 152 million euros in a Series B funding round, marking the largest for a Dutch deep tech company and the biggest for a quantum chip startup globally. The funds will be used to establish KiloFab, a new factory in Delft for manufacturing quantum processors. QuantWare, a spin-off from TU Delft and QuTech, has become the largest commercial QPU supplier in five years, focusing on quantum chips rather than full-stack solutions. The company aims to industrialize quantum chip production to address significant global challenges.
Read at Techzine Global
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