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It’s secure to say that quantum know-how is a quickly evolving subject that holds the important thing to revolutionising a number of fields.
In response to McKinsey’s excessive estimate, the quantum know-how market is predicted to develop as much as $106B by 2040, over 3 Quantum Know-how domains: Computing, Communication, and Sensing, stories InvestNL.
Funding in Quantum Know-how has been steadily rising in a number of superior economies as its sensible purposes draw nearer, and the Netherlands is not any exception.
The Netherlands boasts a strong quantum know-how ecosystem and is dwelling to over 14 current or upcoming quantum corporations. These corporations require substantial funding, with estimates starting from €1B to €2B to achieve profitability.
Nonetheless, the non-public traders have solely contributed between €10 and €15M in whole startup capital to Dutch quantum corporations lately, says InvestNL.
To beat this problem, Make investments-NL and the Dutch authorities are working to lift consciousness amongst non-public traders and discover modern funding fashions.
Earlier this 12 months, €15M QDNL Participations fund was launched to bypass that problem for early-stage quantum tech startups within the nation.
In different information, Quantum Delta Netherlands raised €60.2M in funding from The Nationwide Progress Fund (NGF) because the Dutch contribution to the trilateral settlement with France and Germany.
By bridging the funding hole, the Netherlands can keep its place on the forefront of the quantum subject and make sure the long-term success of its quantum corporations.
On this regard, we now have compiled a listing of Dutch quantum startups which have raised funding in 2023.
Orange Quantum Programs
HQ: Delft
Fund raised in 2023: €1.5M
Orange Quantum Programs creates quantum chip check gear to supply a straightforward, quick, and inexpensive different to in-house testing options for its trade prospects.
The Dutch firm is at present the one one which focuses on quantum chip testing. Its gear measures the processing properties of qubits precisely.
Earlier this 12 months in Las Vegas, the Delft-based agency launched the Orange Rack for the US quantum chip R&D market – an entire room temperature gear stack that ensures automation of quantum chip testing.
This automation makes use of the Quantum Diagnostics Libraries, a collection of proprietary software program libraries for automated qubit testing that can be licensed individually from the Orange Rack.
Delft Circuits
HQ: Delft
Fund raised in 2023: €6.3M
Delft Circuits specialises within the quantum trade i/o cabling options.
It’s dedicated to advancing quantum applied sciences by offering devoted quantum {hardware} to allow improvements in quantum computing, communication, web safety, and sensing.
The Dutch firm has developed Cri/oFlex know-how, which allows large-scale knowledge switch over the thermal bridge.
It has been essential in facilitating the expansion and development of quantum applied sciences, together with quantum computing, communication, and sensing, which require cooperation between chilly and heat elements of the system.
Extra importantly, the corporate has managed to combine all circuitry onto ultrathin, versatile superconducting circuits utilizing semiconductor trade strategies.
The corporate goals to provide the quantum trade, academia, and nationwide laboratories with the perfect instruments, know-how, and companies, permitting their prospects to concentrate on advancing quantum applied sciences.
QuantaMap
HQ: Leiden
Fund raised in 2023: €1.4M
Quantamap develops cutting-edge instruments for metrology and defect inspection for quantum chips and different quantum {hardware}.
The Dutch firm has constructed a microscope, primarily based on IP-protected SQUID-on-tip know-how, that can resolve this and assist allow the quantum revolution.
QuantaMap’s microscope allows quantum researchers and producers to examine chips intimately, offering insights into failures and enhancing manufacturing processes.
QuantaMap differentiates itself by combining cryogenic scanning know-how with quantum sensors tailor-made for quantum purposes.
By imaging temperature rise, electrical currents, and magnetic fields at low temperatures, QuantaMap ensures optimum chip situations with out disturbing qubits or risking injury, providing an efficient answer within the quantum computing house.
QuantWare
HQ: Delft
Fund raised in 2023: €1.4M
Based by Dr. Alessandro Bruno and Matthijs Rijlaarsdam, QuantWare develops, designs, and fabricates scalable, superconducting quantum processors.
The Dutch firm goals to turn out to be the ‘Intel of quantum computing’ by offering easy-to-use, more and more highly effective, and inexpensive quantum processors to organisations globally.
The Dutch firm has developed a patented 3D know-how that connects qubits vertically, permitting for the scaling of superconducting quantum processors to hundreds of qubits and doubtlessly attaining quantum benefit.
Because of this, QuantWare allows third events to construct a quantum pc at a 1/tenth of the fee in comparison with competing choices by offering them with these processors.
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