QQuantWare designs, fabricates, and sells superconducting quantum processors (QPUs) to a global customer base, serving as a specialized hardware supplier for the quantum ecosystem. Its QPUs use the VIO 3D integration architecture to route control signals vertically, enabling dense, modular processors like Soprano and Contralto and paving the way for large-scale chips such as the VIO-40K (up to 10,000 qubits). The company differentiates itself by focusing exclusively on QPUs and building high-volume fabrication capacity through initiatives like KiloFab, rather than delivering complete quantum systems. Its goal is to accelerate the advent of useful quantum computing by providing scalable, factory-ready quantum hardware to startups, research institutes, and tech giants.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$203.8M
Headquarters
Delft, Netherlands
Founded
2021
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Total Funding
$203.8M
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Stockholm-based FirstQFM said its quantum foundation model produced single-qubit gates with 33% shorter execution times while preserving fidelity. The results were validated using randomized benchmarking on a QuantWare Contralto-D21 processor at the Israeli Quantum Computing Center. The model built custom gate implementations from existing calibration data supplied by Quantum Machines' calibration stack. It needed no extra quantum hardware time, shifting optimisation work from scarce processor time to classical compute. The model also found improvements for five qubit pairs, which showed higher Bell-state fidelity in independent hardware runs. FirstQFM developed the model using NVIDIA accelerated computing, including the Leonardo supercomputer and the CUDA-Q platform. It plans to add optimisations for the 21-qubit device and scale up for QuantWare's larger processors.
QuantWare has appointed Bart Filius as Chief Financial Officer and added him to its board. The Delft-based quantum processor maker announced the hire as it expands production following a $178 million Series B round, described as the largest private funding for a dedicated quantum processor company. Filius joins from Galapagos, where he spent nearly nine years in senior roles including CFO, COO and president. He previously oversaw the company's Nasdaq IPO and led negotiations on a $5 billion research collaboration with Gilead. Before that, he spent 13 years at Sanofi. At QuantWare, Filius will oversee finance as the company builds KiloFab, an industrial-scale fabrication facility in the Netherlands. The company now serves over 50 customers across 20 countries. QuantWare was founded in 2021 as a spinout from QuTech at TU Delft.
QuantWare, a Delft-based industrial quantum processor company, today announced a €152 million ($178 million) Series B round following the announcement of
QuantWare, a Delft-based quantum processor company, has raised $178 million in a Series B round, the largest ever for a dedicated quantum processor firm. Intel Capital and IQT joined as new investors, alongside existing backers including FORWARD.one and Invest-NL Deep Tech Fund. Founded in 2021, QuantWare designs and sells quantum processing units and has shipped to over 50 customers across 20 countries, making it the largest commercial QPU supplier by volume. Unlike IBM or Google, which build chips exclusively for their own systems, QuantWare operates as a neutral supplier. The company uses modular chiplet designs and plans to build the world's largest dedicated quantum chip factory, increasing production capacity twentyfold. The funding will support development of processors 10 times larger than current market offerings.
QuantWare has secured a €650,000 investment from proof-of-concept fund UNIIQ, investment fund FORWARD.one and angel investors. With investments of Rabobank and Quantum Delta NL, and having been granted both a […]
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$203.8M
Headquarters
Delft, Netherlands
Founded
2021
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs