Image Credits: QuantWare QuantWare , the Dutch startup that builds quantum processors for research and commercial usage, today announced that it has raised a €6 million seed round (that’s about $6.33 million) led by Dutch deep tech investor Forward.One , with participation from QDNL Participations and Graduate Entrepreneur , among others. The company says it will use this new funding to scale up its team and support the production and development of its 64-qubit Tenor processor, which, thanks to its innovative architecture, will now allow the company to more quickly scale to larger qubit chips. Last year, QuantWare was selected to deliver the quantum processing units for Israel’s first quantum computer (together with the likes of Quantum Machines) and in recent months the company launched its foundry service for helping others fabricate their own superconducting quantum chips and its first nonprocessor product, the “Crescendo” amplifier. All of this is happening against a backdrop of increased interest in an open hardware ecosystem — comparable to where classical computing is today. Right now, though, the focus for QuantWare is its new processor. As the company’s CEO and co-founder Matthijs Rijlaarsdam told me, the major advancement is in how it connects the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
