QuantWare was founded in 2020 as a spinoff of QuTech, a quantum technology research institute at TU Delft in the Netherlands, with a goal of providing quantum processing unit (QPUs) chips to other organizations that want to build their own quantum computer. They have announced their first products including a five qubit QPU named Soprano along with a traveling wave parametric amplifier (TWPA) chip called Crescendo. The QPU has a T1 time of 10 microseconds along with 99.9% single gate fidelities. It is available now with a 30 day lead time and can be customized with different qubit configurations and features. The TWPA is designed for very low noise amplification and provides an 18db gain over 1.5 Ghz. The TWPA is available for pre-order.

QuantWare’s initial targets for these products include research institutions and universities that want to experiment with quantum technology. The company has already supplied a QPU to the ImpaQT project, a Dutch consortium working to accelerate quantum computer development by integrating off-the-shelf components. QuantWare has plans to develop larger QPUs and believes it can be a significant supplier to many additional organizations at the quantum industry expands. Their solution can potentially make it a lot easier for organizations to build new quantum machines if they don’t have to develop their own quantum processing chip from scratch.

The 1.15 Million euro pre-seed round was provided by investors FORWARD.one, UniiQ, Quantum Delta NL, Rabo Innovatie Lening (RIL) and angel investors. The funds will be used to expand the team, create additional processor chips with higher numbers of qubits, move to a larger operational facility, and expand their fabrication capabilities and partnerships. For more about QuantWare’s product announcement and funding, you can view a news release located on QuantWare’s website here and an interview with QuantWare’s Director of Engineering available that can be found here.

July 16, 2021