QuantWare will use new funding to scale its quantum processor technology, expand manufacturing capacity, and accelerate the transition of quantum computing from research to industrial and commercial deployment.

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.