QuiX Quantum Raises $17.5M
QuiX Quantum has raised €15 million ($17.5 million) in series A funding as the computing company moves to deliver its first-generation universal photonic quantum computer. The device is designed to implement a universal gate set enabling any quantum operation.
QuiX Quantum’s universal photonic quantum computer is built on silicon-nitride chips designed for high-volume manufacturing. Its systems are highly scalable, operate primarily at room temperature, and are fully compatible with data-center environments, according to the company.
QuiX Quantum plans to release its first-generation single-photon universal photonic quantum computer by 2026, with the second-generation system expected for release in 2027. Courtesy of QuiX Quantum.
“With our first-generation system in 2026, we will demonstrate universality by overcoming long-standing challenges in fast feed-forward electronics and single-photon sources,” said Stefan Hengesbach, CEO of QuiX Quantum. “The next-generation system, planned for 2027, will focus on implementing error correction, a crucial step towards fault-tolerant systems capable of transforming industries such as chemical engineering, drug development, fraud detection, and advanced manufacturing.”
The company expects these advancements to unlock unprecedented computational capabilities in areas such as catalyst simulations, molecular dynamics, machine learning, and data analysis.
In 2022, QuiX the first company globally to sell both 8-qubit and 64-qubit photonic quantum computers to the German Aerospace Center (DLR QCI). In 2024, QuiX Quantum began offering cloud access to its quantum systems, creating a platform for hybrid computing and bringing near-term quantum computing to real-world applications in industries such as infrastructure, defense, healthcare and infomration technology.
Invest NL and EIC Fund led the funding round, with participation from existing investors, PhotonVentures, Oost NL, and FORWARD.one. The funding round was preceded by the award of the European Innovation Council (EIC) Accelerator program, a key initiative of the European Commission supporting companies that create and disrupt markets with their transformative technologies.
QuiX Quantum previously secured a $5.6 million seed round investment in 2022. The company has research partnerships with Fermioniq and Detlares, and Leibniz University and the University of Twente.
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