QuantWare, a Delft-based company specializing in quantum processors, has successfully raised an additional $4.5M, bringing its Series A funding to $27M. This round follows a previous €20M infusion, and the fresh funds will enhance its chip fabrication capabilities and expand its workforce. CEO Matthijs Rijlaarsdam highlights the significance of their VIO technology in achieving high qubit counts, aiming for 1 million qubits. The company currently services clients across 20 countries and seeks to advance quantum computing capabilities globally.
The significant funding serves to bolster QuantWare's ambitions for scaling quantum processes, accelerating nucleus development, and attracting top-tier talent essential for innovation.
Matthijs Rijlaarsdam emphasizes the importance of VIO in quantum computing, stating their commitment to developing systems capable of reaching over 1 million qubits.
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