Quantware is building the world's most powerful Quantum processor, and Intel is one of the investors behind it and the company's KiloFab project.
Quantware's VIO-4K Quantum Processor Can Drive 10,000 Qubits, 100x More Than Today's State-of-the-Art Quantum Computers
Quantware has raised $176 million to build the world's fastest and largest quantum processor to date, the VIO-4K. The company will also be building KiloFab, the largest dedicated quantum open architecture fab, as it anticipates strong customer demand, boosting its production capacity by 20x.
In the announcement, Quantware secured new investors, including Intel Capital, In-Q-Tel, and ETF Partners, which are in addition to existing backers such as FORWARD.one, Invest-NL Deep Tech Fund, Innovation Quarter Capital, Ground State Ventures, and Graduate Ventures.
QuantWare, the leading industrial quantum processor company, today announced a $176 million (€152 million) Series B round following the announcement of VIO-40K, a quantum processor architecture for 10,000 qubits, 100x larger than the state of the art today. The company is building KiloFab, the world’s largest dedicated quantum open architecture fab, increasing the company’s production capacity by 20x to meet strong global customer demand.
The company, Quantware, was founded by researchers from QuTech and has since grown into a leading provider of commercially available quantum processing units, producing hardware at an industrial scale with its primary focus centered within Europe. The company uses its proprietary VIO architecture for building scalable and energy-efficient quantum computing designs and systems.
As for what the new VIO-4K processor will offer, it will be able to deliver up to 10,000 qubits, which is 100x larger than the current state-of-the-art systems. VIO-4K will not only be the fastest but also the most power-efficient quantum processor to date, achieving the most compute per Watt than other quantum computing processors.
One of the advantages of VIO-4K is its open platform that can scale the qubit chiplets and designs of third-party solutions. Quantware's ecosystem includes in-house QPUs, foundry services, and chiplet packaging, forming what Quantware calls its scalable VIO architecture ecosystem.
Currently, QuantWare has shipped more than 50 customers across 20 countries, making it the world's largest commercial QPU supplier by volume. With VIO-4K, the company anticipates unlocking even more customer demand with its open ecosystem and availability of the first VIO-4K 10,000 Qubit processors by 2028, driving adoption rates further for the quantum computing era.
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