QuantWare Secures $27 Million To Scale Quantum Processor Production With VIO Technology

QuantWare Secures $27 Million To Scale Quantum Processor Production With VIO Technology

Dutch quantum computing firm QuantWare secured an additional $4.5 million, completing a $27 million Series A funding round to expand fabrication capabilities for its VIO technology, a proprietary qubit scaling method aiming to facilitate the development of processors exceeding one million qubits and serving a global customer base across 20 countries.

QuantWare Raises Additional $4.5 Million, Closing Oversubscribed Series A at $27M - Quantum Computing Report

QuantWare has announced a $4.5 million extension to its Series A round, bringing the total raised to $27 million. The Delft-based quantum hardware company is commercializing VIO, a proprietary scaling technology aimed at enabling superconducting quantum processors with more than one million qubits. The additional funding will be directed toward expanding QuantWare’s chip fabrication capabilities [...] The post QuantWare Raises Additional $4.5 Mi…

Delft’s QuantWare extends Series A to €23.3M to unlock the path to million-qubit quantum processors - Silicon Canals

Delft-based QuantWare, a company that develops technology for quantum processors, has raised an additional $4.5M (approximately €3.9M) in funding. This second close brings its oversubscribed Series A round to a total of $27M (approximately €23.3M). The announcement comes two months after raising €20M in a Series A funding round. Fund utilisation The Dutch company will use the capital to accelerate the build-out of QuantWare’s chip fabrication fa…