Company brief: QphoX
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.
Brief dated 2026-11-03. Figures assembled on 2026-11-02 from the stored copies of the sources named in each section.
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Company and sources
- Country
- Netherlands
- SME in CORDIS
- Yes
- Technology areas of its EU projects
- Quantum computing and simulation, Enabling technologies and supply chain
Legal entities linked to this company after a review of name and country:
EU grants
Takes part in 4 EU-funded quantum projects. EU contribution received: EUR 4,846,190 (net EU contribution CORDIS records for the company in these projects; not the project budgets and not payments).
EIC schemes named by the CORDIS funding scheme
- EIC Accelerator, blended finance (grant plus an EIC Fund investment component): 1 project
- EIC Pathfinder: 1 project
| Project | EIC scheme | Start | EU contribution to the project |
|---|---|---|---|
| Superspin: Remote Entanglement Between a Superconducting and a Spin Qubit | EIC Pathfinder | 2026-04-01 | EUR 2,999,137.50 |
| QModem: Developing the world’s first quantum modem | EIC Accelerator, blended finance (grant plus an EIC Fund investment component) | 2022-07-01 | EUR 2,500,000 |
| SUPREME 1: SUPERCONDUCTING EUROPEAN QUANTUM PILOT LINE | Other scheme | 2026-04-01 | EUR 24,999,049.41 |
| P4Q: Photonics for Quantum Pilot Line | Other scheme | 2026-04-01 | EUR 24,927,964.81 |
Source: CORDIS, Publications Office of the European Union, retrieved 2026-10-16.
Patent families
2 distinct quantum patent families, looked up on 2026-10-22.
Source: European Patent Office, Open Patent Services, by applicant name in the quantum CPC groups; derived counts only. A count is not a measure of patent quality or ownership.
Publications
Status: not matched in OpenAlex yet.
Source: OpenAlex, CC0; the institution is matched by name and country.
Infrastructure
Status: the deployment tracker names this company in no contract award.
Announced funding rounds
| Date | Type and status | Amount | Investors (organisations) | Sources |
|---|---|---|---|---|
| 2025-11-19 | Public equity investment (EIC STEP Scale Up) Selected, subject to due diligence | Undisclosed | European Innovation Council (EIC) and EIC Fund | European Innovation Council (Official page, read 2026-10-23; List of the eight companies; EUR 171 million of equity combined, no per-company figure) Registry entry Proposed for an EIC Fund investment under EIC STEP Scale Up, subject to due diligence. |
| 2024-01-17 | Equity round (no series named) Closed | EUR 8,000,000 As announced: an €8 million funding round | QDNL Participations (lead), European Innovation Council (EIC) and EIC Fund, Quantonation, Speedinvest, High-Tech Gründerfonds, Delft Enterprises | TU Delft (Ecosystem organisation, read 2026-10-23; Opening summary and paragraph beginning "The round was led by QDNL Participations") |
| Currency | Total as announced | Rounds |
|---|---|---|
| EUR | EUR 8,000,000 | 1 |
Not added: 0 undisclosed, 1 not closed (targets, commitments and selections), 0 acquisitions or listings and 0 included in a later figure. Currencies are never converted or added together.
From grant to equity
- First EU-funded quantum project
- QModem, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2022-07-01; EUR 2,500,000 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
- First EIC Pathfinder or Transition project
- Superspin, EIC Pathfinder (Horizon Europe), started 2026-04-01; EUR 2,999,137.50 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
- First EIC Accelerator project
- QModem, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2022-07-01; EUR 2,500,000 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
- First round with the EIC Fund among the investors
- 2024-01-17, Equity round (no series named), EUR 8,000,000 (as announced: an €8 million funding round). Sources: TU Delft (read 2026-10-23; Opening summary and paragraph beginning "The round was led by QDNL Participations")
- First equity round recorded in the portal
- 2024-01-17, Equity round (no series named), EUR 8,000,000 (as announced: an €8 million funding round). Sources: TU Delft (read 2026-10-23; Opening summary and paragraph beginning "The round was led by QDNL Participations")
- Public investment registry
- QphoX selected for EIC STEP Scale Up investment (official source)
- Time between
- 18 months (1.5 years) from the start of the first project to the first equity round recorded in the portal. That round is later than Series A, so earlier rounds are missing from the rounds file and the journey is left out of the median.
Not covered
- 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.