QuantWare banked €152M ($178M) in a Series B round to scale the production of its quantum processors. The investment includes participation from Intel Capital, IQT, and ETF Partners, alongside existing backers including FORWARD.one, Invest-NL Deep Tech Fund, and Graduate Ventures. The deal represents a significant capital injection into the European quantum hardware ecosystem as firms race to build stable, large-scale systems.
Based in Delft, the company develops industrial quantum processors designed for third-party integration. Unlike firms building full-stack quantum computers, QuantWare focuses on the hardware layer, selling superconducting processing units (QPUs) to researchers and commercial builders. The fresh capital follows the announcement of its VIO-40K architecture, which aims to support 10,000-qubit processors—a substantial increase over current industry standards.
The funding will also support KiloFab, the company’s dedicated manufacturing facility. By transitioning from lab-scale production to industrial fabrication, the company intends to provide the supply chain capacity required for hyperscale quantum computing. This infrastructure is central to the company’s strategy of providing an open-architecture platform that other companies can use to build their own quantum systems.
The round follows a period of intense activity in the Dutch quantum sector, which continues to consolidate its position as a primary hub for European deep tech hardware through high-capital infrastructure plays.
Originally reported by EU-Startups Daily.