Delft-based Qblox has secured 26 million euros in seed funding to support the scaling of its quantum control technology. “It has always been clear to us that quantum technology should be seen as a value chain, in which we work with dedication on one crucial layer of the stack, currently serving over one hundred customers. Almost uniquely in the industry, this has allowed us to grow the company exponentially fueled by revenue rather than investments. With our first equity investment, we secure our long-term growth, positioning Qblox as the enabler for industrial-scale quantum systems,” comments Niels Bultink, co-founder and CEO of Qblox.
Employing a team of almost 100 people, Qblox sells scalable and modular quantum control stacks, mostly to academic and industrial labs. The Qblox control stack, known as the Cluster, combines key technologies for qubit control and readout that work with a variety of quantum computing platforms. In other words: Qblox’ technology is qubit-type-agnostic.
The Series A funding round was led by quantum-focused venture capital fund Quantonation and Dutch public investment outfit Invest-NL Deep Tech Fund, with participations of Quantum Delta NL Participations and the European Innovation Council (EIC).
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