{
    "title": "Company brief: Orange Quantum Systems",
    "notice": "Information only, not investment advice. This view does not rate, score or recommend any company or investor. Figures are as published by the sources named, with their dates; missing evidence is shown as not covered, never as a low value.",
    "generated": "2026-11-04",
    "rows_assembled": "2026-11-04",
    "company": {
        "id": "orange-quantum-systems",
        "name": "Orange Quantum Systems",
        "country": "NL",
        "sme_in_cordis": true,
        "brief": "/quantum-europe/investors/companies/orange-quantum-systems/brief",
        "cordis_organisations": [
            "cordis-org:892924092",
            "cordis-org:871460514"
        ],
        "technology_areas": [
            "computing"
        ],
        "eu_projects": 5,
        "eu_contribution_received_eur": 4000884,
        "eic_projects": {
            "pathfinder": 1,
            "accelerator_bf": 1
        },
        "patents": {
            "families": 3,
            "lower_bound": false,
            "looked_up": "2026-10-27"
        },
        "publications": null,
        "deployment_records": [],
        "rounds": [
            "orange-qs-2026-05-seed"
        ],
        "signals": [
            "eu_grants",
            "eic_accelerator",
            "patents",
            "rounds"
        ]
    },
    "projects": [
        {
            "id": "cordis:101115315",
            "acronym": "QuKiT",
            "title": "Quantum bits with Kitaev Transmons",
            "url": "https://cordis.europa.eu/project/id/101115315",
            "start": "2023-07-01",
            "project_eu_contribution": 4749963.75,
            "currency": "EUR",
            "eic_scheme": "EIC Pathfinder"
        },
        {
            "id": "cordis:190152156",
            "acronym": "HTQC-Diagnostics",
            "title": "High-Throughput Quantum Chip Diagnostics",
            "url": "https://cordis.europa.eu/project/id/190152156",
            "start": "2023-08-01",
            "project_eu_contribution": 2499999,
            "currency": "EUR",
            "eic_scheme": "EIC Accelerator, blended finance (grant plus an EIC Fund investment component)"
        },
        {
            "id": "cordis:101174557",
            "acronym": "QLSI2",
            "title": "Initiative for european Semiconductor-based Large-scale Quantum computer",
            "url": "https://cordis.europa.eu/project/id/101174557",
            "start": "2024-06-01",
            "project_eu_contribution": 24974713.5,
            "currency": "EUR",
            "eic_scheme": null
        },
        {
            "id": "cordis:101113946",
            "acronym": "OpenSuperQPlus100",
            "title": "Open Superconducting Quantum Computers (OpenSuperQPlus)",
            "url": "https://cordis.europa.eu/project/id/101113946",
            "start": "2023-03-01",
            "project_eu_contribution": 19999327.25,
            "currency": "EUR",
            "eic_scheme": null
        },
        {
            "id": "cordis:101007322",
            "acronym": "MATQu",
            "title": "Materials for Quantum Computing",
            "url": "https://cordis.europa.eu/project/id/101007322",
            "start": "2021-06-01",
            "project_eu_contribution": 6548524.39,
            "currency": "EUR",
            "eic_scheme": null
        }
    ],
    "cordis_retrieved": "2026-10-16",
    "rounds": [
        {
            "id": "orange-qs-2026-05-seed",
            "company": "Orange Quantum Systems",
            "company_id": "orange-quantum-systems",
            "date": "2026-05-20",
            "type": "Seed",
            "status": "Closed",
            "amount": 12000000,
            "currency": "EUR",
            "amount_as_announced": "an oversubscribed €12 million seed round",
            "qualifier": "exact",
            "lead_investors": [
                "Icecat Capital"
            ],
            "investors": [
                "Icecat Capital",
                "Cottonwood Technology Fund",
                "QBeat Ventures",
                "QDNL Participations",
                "InnovationQuarter Capital"
            ],
            "sources": [
                {
                    "url": "https://www.innovationquarter.nl/en/updates/orange-quantum-systems-raises-12m-to-scale-quantum-chip-testing/",
                    "publisher": "InnovationQuarter",
                    "kind": "investor",
                    "retrieved": "2026-10-23",
                    "locator": "First body paragraph; paragraph beginning \"The round was led by Icecat Capital\""
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [],
            "note": "Date as shown on the InnovationQuarter page; not confirmed by a second source read."
        }
    ],
    "lab_to_market": {
        "id": "orange-quantum-systems",
        "name": "Orange Quantum Systems",
        "country": "NL",
        "method": "reviewed_link",
        "pics": [
            "892924092",
            "871460514"
        ],
        "nid": 182,
        "families": [
            "computing"
        ],
        "grants": 5,
        "first_grant": {
            "id": "cordis:101007322",
            "acronym": "MATQu",
            "title": "Materials for Quantum Computing",
            "start": "2021-06-01",
            "programme": "Horizon 2020",
            "scheme": "RIA",
            "kind": "collaborative",
            "amount": 6548524.39,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/101007322",
            "nid": 452
        },
        "first_eic_early": {
            "id": "cordis:101115315",
            "acronym": "QuKiT",
            "title": "Quantum bits with Kitaev Transmons",
            "start": "2023-07-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC",
            "kind": "eic_pathfinder",
            "amount": 4749963.75,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/101115315",
            "nid": 1272
        },
        "first_eic_accelerator": {
            "id": "cordis:190152156",
            "acronym": "HTQC-Diagnostics",
            "title": "High-Throughput Quantum Chip Diagnostics",
            "start": "2023-08-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC-ACC-BF",
            "kind": "eic_accelerator_bf",
            "amount": 2499999,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/190152156",
            "nid": 1694
        },
        "first_eic_fund": null,
        "first_equity": {
            "id": "orange-qs-2026-05-seed",
            "date": "2026-05-20",
            "type": "seed",
            "status": "closed",
            "amount": 12000000,
            "currency": "EUR",
            "amount_text": "an oversubscribed €12 million seed round",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://www.innovationquarter.nl/en/updates/orange-quantum-systems-raises-12m-to-scale-quantum-chip-testing/",
                    "publisher": "InnovationQuarter",
                    "kind": "investor",
                    "retrieved": "2026-10-23",
                    "locator": "First body paragraph; paragraph beginning \"The round was led by Icecat Capital\""
                }
            ],
            "registry": []
        },
        "first_private": {
            "id": "orange-qs-2026-05-seed",
            "date": "2026-05-20",
            "type": "seed",
            "status": "closed",
            "amount": 12000000,
            "currency": "EUR",
            "amount_text": "an oversubscribed €12 million seed round",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://www.innovationquarter.nl/en/updates/orange-quantum-systems-raises-12m-to-scale-quantum-chip-testing/",
                    "publisher": "InnovationQuarter",
                    "kind": "investor",
                    "retrieved": "2026-10-23",
                    "locator": "First body paragraph; paragraph beginning \"The round was led by Icecat Capital\""
                }
            ],
            "registry": []
        },
        "registry": [],
        "rounds": 1,
        "stages": {
            "grant": true,
            "eic_early": true,
            "eic_accelerator": true,
            "private_round": true
        },
        "months": 59,
        "order": "grant_first",
        "median_eligible": true
    },
    "gaps": [
        "Publications have not been matched in OpenAlex for this company yet.",
        "Valuations, revenues, ownership stakes, cap tables and individual investors are not collected.",
        "National grants, regional aid, loans and payments are not covered; EU figures are amounts awarded, not paid.",
        "Use of infrastructure as a customer is not recorded; only a named supplier role in the deployment tracker is shown.",
        "Nothing here is a rating, a recommendation or investment advice; figures are as published by their sources."
    ]
}