No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home COUNTRY BENELUX

QuantWare raises €20m for quantum chip scaling technology

dcdby dcd
March 6, 2025
Reading Time: 4 mins read
in BENELUX, VENTURE CAPITAL
Share on FacebookShare on Twitter

Dutch quantum startup QuantWare has raised €20 million ($21.5m) in a Series A funding round.

Co-led by Invest-NL Deep Tech Fund and Innovation Quarter, and with participation from the European Innovation Council Fund, the company said the money would be used to advance its quantum processor scaling technology.



QuantWare Contralto-A

QuantWare's Contralto-A QPU

– QuantWare

Founded in 2021 after spinning out from TU Delft and its affiliated research institute QuTech, QuantWare has developed technology that routes connections vertically, thus solving the issue of scaling bottlenecks, which is currently limiting the size of quantum processing units (QPUs).

QuantWare says that the technology, dubbed VIO, “provides a scaling platform to any qubit design,” unlocking the “fastest path towards monolithic processors with more than 1 million qubits.”

The company currently has seven of its own VIO-supporting hardware offerings listed on its website: Contralto-A, Contralto-D, Soprano-D, Tenor-D, Crescendo-S, Crescendo-E, and Concerto, but also provides foundry and packaging services to allow third-party customers can make use of its VIO technology.

Pre-orders for Contralto-A – the startup’s first QPU for quantum error correction – opened in February. Designed to be easily upgradable to QuantWare’s larger VIO-powered QPUs, the company says Contralto-A is almost twice as large as competing solutions that are commercially available.

‍“Our mission is to make VIO the scaling standard, and have it power the first million-qubit quantum computers of the hyperscalers of tomorrow,” said Matthijs Rijlaarsdam, CEO and co-founder of QuantWare. “We are building the best team in the world to achieve this mission. Accelerating the path towards that moment is a very important thing to do, as systems of that size will change the world.”

QuantWare says that it powers quantum computers for customers across 20 countries globally and the newly raised funds will be used to further develop VIO and build out its chip fabrication facilities.

More in IT Hardware & Semiconductors


  • DDC whitepaper

    Future-proof your datacenter with DDC S-Series

  • Qualcomm_ihXdmua.width-880

    14 Jan 2025

    Qualcomm poaches Intel server engineer, is hiring architects to develop data center processors

  • Compute, Storage & Networking  SITE THUMBNAIL

    Episode
    Software and hardware co-design: Optimizing next-gen compute

More in Europe


  • DCD Connect London - Investment Forum 2024 Delegate List

    DCD>Connect | Investment (London Edition) – Sample Delegate List

  • Killala Business Park.png

    25 Nov 2024

    Avaio files to build data centers in Mayo, Ireland

  • Energy & Sustainability SITE THUMBNAIL

    Episode
    Data centers and the circular economy – the real opportunities in Europe

Read the orginal article: https://www.datacenterdynamics.com/en/news/quantware-raises-20m-for-quantum-chip-scaling-technology/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

GREEN

Ten years of Glovo: Growth, gig work, and legal challenges

May 18, 2025
UK&IRELAND

Balderton-backed AI agent startup Convergence acquired by Salesforce a year after launch

May 18, 2025
BENELUX

Exclusive: Optics11 raises €17m to protect underwater cables from Russian state ‘hooliganism’

May 18, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

Phoenix Aviation Capital Acquires One Airbus A321neo Aircraft on Lease with IndiGo

Ocean Ledger secures €900k to increase accuracy of coastal risk management

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart