Delft Circuits, a provider of high-density input/output (I/O) solutions for quantum computers, has announced the appointment of Martin Danoesastro as Chief Executive Officer and an €8 million ($9.3 million USD) extension of its Series A financing. This latest round, which brings total capital raised to €15 million ($17.5 million USD), saw participation from existing shareholders DeepTech XL, High Tech Gründerfonds (HTGF), and QuVest, along with new investors Paeonia Group and Waves Capital Partners.
Danoesastro joins Delft Circuits after over 25 years at Boston Consulting Group (BCG), bringing a combination of strategic leadership and technical understanding (MSc in Applied Physics from TU Delft). The new resources will be deployed to accelerate product innovation, strengthen the team with technical hires, and expand manufacturing capacity. The company’s core product, Cri/oFlex®, is designed to overcome performance and thermal bottlenecks in traditional I/O cabling needed for large-scale qubit systems.
The capital infusion will support expansion into North America and Asia, leveraging Paeonia Group’s network. The announcement follows recent strategic milestones, including the publication of a next-generation product roadmap and a partnership with Bluefors to offer integrated Cri/oFlex® technology within dilution refrigerators.
Read the full announcement here.
December 3, 2025
