Dutch Startup QuantWare Secures €20M to Revolutionize Quantum Computing with Million-Qubit Processor

2025-03-05 semicon

Delft, Wednesday, 5 March 2025.
QuantWare raised €20 million to develop VIO technology, paving the way for the first million-qubit quantum processors, promising to transform quantum computing and semiconductor industries.

Breakthrough in Quantum Computing Scale

Delft-based QuantWare has secured €20 million ($21.2 million USD) in Series A funding on March 4, 2025, co-led by Invest-NL Deep Tech Fund and InnovationQuarter [1][6]. The company’s revolutionary Vertical I/O (VIO) technology aims to solve a critical bottleneck in quantum processor scaling, enabling the development of processors with more than 1 million qubits in a single unit [2]. This represents a significant leap forward from current industry standards, where leading players like Google and IBM operate with systems ranging from 100 to 1,000 qubits [3].

Innovative VIO Technology

QuantWare’s VIO technology addresses a fundamental challenge in quantum computing. Traditional quantum computers require networking multiple smaller systems together, which introduces noise and exponentially reduces computing power [5]. The company’s approach enables the creation of larger monolithic systems, offering a more efficient path to scaling quantum computing capabilities [1]. Already powering quantum computers across 20 countries [2], QuantWare recently launched its 17-qubit Contralto-A QPU on February 25, 2025, which is designed for quantum error correction and is nearly twice the size of competing solutions [4].

Strategic Investment and Future Plans

The funding round attracted participation from the EIC Fund and existing investors including FORWARD.one, Graduate Entrepreneur Fund, and QDNL Participations [1]. Led by CEO and co-founder Matthijs Rijlaarsdam, QuantWare will utilize the new capital to further develop VIO technology and expand its chip fabrication facilities [3]. ‘There is a large and valuable class of problems that even a gigawatt AI cluster will not be able to solve — but quantum computers will,’ emphasized Rijlaarsdam [3].

Bronnen

Semiconductor industry Quantum technology