Overview
- QuantWare closed an oversubscribed $178 million Series B with new investors Intel Capital, IQT, and ETF Partners alongside existing backers including FORWARD.one and Invest‑NL Deep Tech Fund.
- The company says it will use the funds to build KiloFab, a dedicated quantum‑chip facility it touts as the largest of its kind, and to develop processors initially 10 times larger than today’s market offerings.
- QuantWare’s strategy centers on its VIO platform, which builds processors from smaller chiplets and lets outside companies plug in their own designs so they can scale without running their own fabs.
- Most superconducting quantum chips are made inside proprietary labs, and QuantWare reports it has shipped QPUs to more than 50 customers in about 20 countries, claiming the largest commercial volume.
- The firm frames longer‑term goals of 100x‑bigger processors and a ‘world’s largest’ factory as targets, and Wccftech reports a company plan for a 10,000‑qubit VIO‑4K by 2028, which remains a projection.