Delft, The Netherlands – Delft Circuits, a quantum computing company that designs and develops i/o cabling solutions, today announced the closing of a €6.3 million funding round led by DTXL. The round also included participation from High-Tech Gründerfonds.
The funding will be used to further upscale Delft Circuits’ production capacity and organization. The company plans to use the funds to hire new employees, expand its manufacturing facilities, and develop new products.
“We are excited to partner with DTXL and High-Tech Gründerfonds to accelerate the development of our quantum computing hardware,” said Sal Bosman, CEO of Delft Circuits. “The demand for quantum computing is growing rapidly, and we are well-positioned to meet this demand with our innovative products.”
Delft Circuits’ i/o cabling solutions are designed to address the challenges of connecting quantum computers to the outside world. The company’s products are used by leading quantum computing companies, research institutions, and national labs.
The quantum computing industry is growing rapidly, with the potential to revolutionize a wide range of industries, such as finance, healthcare, and materials science. The global quantum computing market is expected to reach $64.6 billion by 2030.
Delft Circuits is well-positioned to capitalize on the growth of the quantum computing industry. The company has a strong team of experienced engineers and scientists, and it has a proven track record of developing innovative products. Delft Circuits is also backed by a strong group of investors, which gives the company the resources it needs to grow and succeed.
The Challenge Delft Solves for Quantum Computing
One of the key challenges facing the quantum computing industry is the development of reliable and scalable quantum hardware. Delft Circuits’ i/o cabling solutions are designed to address this challenge. The company’s products are helping to make quantum computers more accessible and reliable.
Deal Table for Delft Circuits
| Key People | Investors | Amount Invested | Sector | Funding Round |
|---|---|---|---|---|
| Sal Bosman | DTXL, High-Tech Gründerfonds | €6.3 million | Quantum Computing | Seed |
Similar Startups in the Quantum Computing space
There are a number of other startups that are developing quantum computing hardware. Some of the most notable include:
- Rigetti Computing is a California-based company that develops quantum computers and software.
- IonQ is a Massachusetts-based company that develops trapped-ion quantum computers.
- Google Quantum AI is a division of Google AI that is developing quantum computers.
These startups are all working on different approaches to quantum computing, and they are all facing different challenges. However, they are all united by the belief that quantum computing has the potential to revolutionize the way we live and work.
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