Dutch quantum processor company QuantWare raised a $178M Series B from Intel, In-Q-Tel, and others to build KiloFab, a dedicated quantum manufacturing facility (Tamara Djurickovic/Tech.eu)
QuantWare, a Dutch quantum processor company, has raised $178 million in a Series B funding round led by Intel and In-Q-Tel. The investment will support the construction of KiloFab, a dedicated quantum manufacturing facility. This move aims to scale up production of quantum processors to meet growing demand.
- ▪QuantWare is based in the Netherlands and specializes in quantum processors.
- ▪The $178 million Series B round includes investment from Intel and In-Q-Tel.
- ▪KiloFab is planned as a dedicated facility for quantum chip manufacturing.
- ▪The funding will help accelerate commercialization of scalable quantum computing hardware.
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