Netherlands-based QuiX Quantum raises €5.5 million from PhotonDelta, others to develop the world’s most powerful photonic quantum computer

Enschede, located in the Netherlands QuiX Quantuma company working on photonic quantum processors announced Thursday that it has raised €5.5 million in a seed funding round of FotonDeltaFORWARD.a and East NL

The company also announced the appointment of an industry veteran Dr Stefan Hengesbach as its new CEO.

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QuiX says the funding will bring them one step closer to creating the world’s most powerful photonic quantum computer.

CEO Stefan Hengesbach says: “QuiX Quantum’s processors are already world leaders and ideally suited to create the most powerful photonic quantum computer we’ve seen to date. This round takes us a huge leap towards this goal and allows us to begin production of a groundbreaking 50 qumode processor.”

“The technical terms surrounding quantum computing can be very complicated, but we have to keep in mind how radical this technology is. It will affect every part of our lives, from enabling truly smart cities and developing new drugs to answering questions. some of the most profound questions about the nature of our universe,” Hengesbach adds.

“Igniting a Quantum Revolution”

QuiX Quantum was founded in January 2019 by Dr. Hans van den Vlekkert, a veteran of the photonics industry and serial entrepreneur, Dr. Jelmer Renema, an expert in quantum photonics, and a team of professors from the University of Twente.

QuiX focuses on the development of quantum computer using integrated photonics. Currently, the company’s goal is to disrupt quantum computing with its high-tech, scalable, future-proof, plug-and-play integrated photonics solutions.

With a record-breaking power of 12 and 20 Qumode, QuiX Quantum’s processors are already the ‘de facto’ standard for photonic quantum computing in the UK, France, Germany and Hungary.

What are Qumodes? Qubits, which are equal to the speed of the computer processor, indicate the computing speed of a quantum computer. Qumodes are the optical counterparts of qubits. The amount of light lost as it travels through the processor determines its quality – the less loss, the better. QuiX Quantum claims to have successfully created a processor with the most qumodes and the lowest optical losses.

Photonics is the transfer of information using photons (light). To produce smaller, faster and more energy-efficient devices, photonic chips, also known as photonic integrated circuits (PICs), integrate photonic functionality into microchips. Compared to their electronic counterparts, PICs are much more efficient at processing and transmitting data. As a result, PICs are now recognized as the ideal technology for quantum computing.

In addition, most components of a photonic quantum computer can operate at room temperature – a major step forward in reducing their cost and size.

QuiX has plans to introduce a system-wide photonic quantum computer based on its 20 qumode processors in early 2023, as well as a next-generation 50 qumode processor. The quantum machine becomes a supercomputer when it has 50 Qumodes instead of 20 instead of a laptop.

Investors who invest QuiX Quantum . support

The Netherlands-based PhotonDelta is an ecosystem that researches, designs, develops and produces solutions with integrated photonics technology. By connecting pioneers in the field with investors and viable markets, PhotonDelta helps advance the industry with financing, investment and R&D roadmaps.

This investment in QuiX Quantum is PhotonDelta’s first major investment since it secured €1.1 billion in investment to expand the Dutch photonics ecosystem. By 2030, PhotonDelta aims to create an ecosystem with hundreds of companies, serving customers worldwide and a production capacity of more than 100,000 wafers per year.

CEO of PhotonDelta, Ewit Roos, says: “QuiX Quantum is one of the most exciting startups in the Netherlands. In just three years it has become a market leader and now, with this initial investment, it will be able to make a serious breakthrough in quantum computing. Photonics is an incredibly powerful new technology with numerous applications. QuiX Quantum shows how it can be applied to overcome some major hurdles in quantum computing and underscores why it is so important that we build our own European photonics industry.”

FORWARD.one is a venture capital fund that focuses on high-tech hardware startups and scale-ups. The company manages €180 million across multiple funds, with investments in robotics, semiconductors, photonics, sensors, virtual/augmented reality, biomanufacturing and audio technology.

Paul Pruijmboom, Partner at FORWARD.one, added: “QuiX Quantum will play a critical role in the adoption of quantum computing due to its scalability and stable plug-and-play systems. This sets it apart from competitors in the industry. Several systems are already being shipped across Europe and it is only a matter of time before other parts of the world recognize the unique capabilities of QuiX Quantum.”

Oost NL (East Netherlands Development Company) is an agency that focuses its activities and projects on strengthening and stimulating the economy of the provinces of Gelderland and Overijssel. The agency supports start-up and growth phases of SMEs, partly with venture capital from various revolving innovation funds, partly through its own knowledge, networks and contacts.

Chimwemwe de Gaay Fortman van Oost NL says: “Due to its groundbreaking achievements, QuiX Quantum has become one of the key players in the quantum computing industry with the use of photonic chips. Our region has a strong profile in this key technology, QuiX plays an important role in this ecosystem.”

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