Dutch quantum firm QuantWare secures €152M for major Delft facility

QuantWare, a Dutch quantum processor company, has secured 152 million euros in fresh funding to support plans for a major production facility in Delft. The round includes backing from Intel’s venture capital arm and the government-backed Invest-NL, among others, as the Zuid-Holland based scale-up looks to expand manufacturing of quantum chips.

QuantWare says the 152 million euros round is the largest private investment ever raised by a quantum processor company. Founded in 2021, the firm develops and produces core components used in quantum computers, which are advanced systems capable of tackling certain complex problems far faster than traditional machines.

The company describes itself as the leading commercial provider of quantum processors worldwide. The planned factory is meant to keep up with growing global demand for its cutting-edge chips and would allow it to scale production by a factor of 20.

The new Delft facility, named KiloFab, is designed to boost the output of quantum chips twentyfold in response to surging global demand. With it, QuantWare is looking to shift from lab-scale development to full industrial manufacturing.

Alongside Intel Capital and the Invest-NL Deep Tech Fund, the round includes backing from In-Q-Tel and ETF Partners, with existing investors like FORWARD.one and InnovationQuarter also joining in.

Alongside the funding, QuantWare unveiled its VIO-40K architecture, which could enable processors with up to 10,000 qubits, roughly 100 times today’s standard. The chips are built to integrate smoothly with existing AI systems, using platforms like NVIDIA’s NVQLink and CUDA-Q.