{
    "title": "Company brief: QphoX",
    "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": "qphox",
        "name": "QphoX",
        "country": "NL",
        "sme_in_cordis": true,
        "brief": "/quantum-europe/investors/companies/qphox/brief",
        "cordis_organisations": [
            "cordis-org:890638966"
        ],
        "technology_areas": [
            "computing",
            "enabling"
        ],
        "eu_projects": 4,
        "eu_contribution_received_eur": 4846190,
        "eic_projects": {
            "pathfinder": 1,
            "accelerator_bf": 1
        },
        "patents": {
            "families": 2,
            "lower_bound": false,
            "looked_up": "2026-10-22"
        },
        "publications": null,
        "deployment_records": [],
        "rounds": [
            "qphox-2025-11-eic-step-selected",
            "qphox-2024-01-financing"
        ],
        "signals": [
            "eu_grants",
            "eic_accelerator",
            "patents",
            "rounds"
        ]
    },
    "projects": [
        {
            "id": "cordis:101257526",
            "acronym": "Superspin",
            "title": "Remote Entanglement Between a Superconducting and a Spin Qubit",
            "url": "https://cordis.europa.eu/project/id/101257526",
            "start": "2026-04-01",
            "project_eu_contribution": 2999137.5,
            "currency": "EUR",
            "eic_scheme": "EIC Pathfinder"
        },
        {
            "id": "cordis:190109269",
            "acronym": "QModem",
            "title": "Developing the world’s first quantum modem",
            "url": "https://cordis.europa.eu/project/id/190109269",
            "start": "2022-07-01",
            "project_eu_contribution": 2500000,
            "currency": "EUR",
            "eic_scheme": "EIC Accelerator, blended finance (grant plus an EIC Fund investment component)"
        },
        {
            "id": "cordis:101286304",
            "acronym": "SUPREME 1",
            "title": "SUPERCONDUCTING EUROPEAN QUANTUM PILOT LINE",
            "url": "https://cordis.europa.eu/project/id/101286304",
            "start": "2026-04-01",
            "project_eu_contribution": 24999049.41,
            "currency": "EUR",
            "eic_scheme": null
        },
        {
            "id": "cordis:101291189",
            "acronym": "P4Q",
            "title": "Photonics for Quantum Pilot Line",
            "url": "https://cordis.europa.eu/project/id/101291189",
            "start": "2026-04-01",
            "project_eu_contribution": 24927964.81,
            "currency": "EUR",
            "eic_scheme": null
        }
    ],
    "cordis_retrieved": "2026-10-16",
    "rounds": [
        {
            "id": "qphox-2025-11-eic-step-selected",
            "company": "QphoX",
            "company_id": "qphox",
            "date": "2025-11-19",
            "type": "Public equity investment (EIC STEP Scale Up)",
            "status": "Selected, subject to due diligence",
            "amount": null,
            "currency": null,
            "amount_as_announced": "undisclosed",
            "qualifier": null,
            "lead_investors": [],
            "investors": [
                "European Innovation Council (EIC) and EIC Fund"
            ],
            "sources": [
                {
                    "url": "https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en",
                    "publisher": "European Innovation Council",
                    "kind": "official",
                    "retrieved": "2026-10-23",
                    "locator": "List of the eight companies; EUR 171 million of equity combined, no per-company figure"
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [
                "eic-step-qphox-2025"
            ],
            "note": "Proposed for an EIC Fund investment under EIC STEP Scale Up, subject to due diligence."
        },
        {
            "id": "qphox-2024-01-financing",
            "company": "QphoX",
            "company_id": "qphox",
            "date": "2024-01-17",
            "type": "Equity round (no series named)",
            "status": "Closed",
            "amount": 8000000,
            "currency": "EUR",
            "amount_as_announced": "an €8 million funding round",
            "qualifier": "exact",
            "lead_investors": [
                "QDNL Participations"
            ],
            "investors": [
                "QDNL Participations",
                "European Innovation Council (EIC) and EIC Fund",
                "Quantonation",
                "Speedinvest",
                "High-Tech Gründerfonds",
                "Delft Enterprises"
            ],
            "sources": [
                {
                    "url": "https://www.tudelft.nl/2024/tnw/qphox-raises-eur8m-to-bring-quantum-modem-technology-to-market-building-towards-the-quantum-internet",
                    "publisher": "TU Delft",
                    "kind": "ecosystem",
                    "retrieved": "2026-10-23",
                    "locator": "Opening summary and paragraph beginning \"The round was led by QDNL Participations\""
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [],
            "note": ""
        }
    ],
    "lab_to_market": {
        "id": "qphox",
        "name": "QphoX",
        "country": "NL",
        "method": "reviewed_link",
        "pics": [
            "890638966"
        ],
        "nid": 156,
        "families": [
            "computing",
            "enabling"
        ],
        "grants": 4,
        "first_grant": {
            "id": "cordis:190109269",
            "acronym": "QModem",
            "title": "Developing the world’s first quantum modem",
            "start": "2022-07-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC-ACC-BF",
            "kind": "eic_accelerator_bf",
            "amount": 2500000,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/190109269",
            "nid": 1685
        },
        "first_eic_early": {
            "id": "cordis:101257526",
            "acronym": "Superspin",
            "title": "Remote Entanglement Between a Superconducting and a Spin Qubit",
            "start": "2026-04-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC",
            "kind": "eic_pathfinder",
            "amount": 2999137.5,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/101257526",
            "nid": 1575
        },
        "first_eic_accelerator": {
            "id": "cordis:190109269",
            "acronym": "QModem",
            "title": "Developing the world’s first quantum modem",
            "start": "2022-07-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC-ACC-BF",
            "kind": "eic_accelerator_bf",
            "amount": 2500000,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/190109269",
            "nid": 1685
        },
        "first_eic_fund": {
            "id": "qphox-2024-01-financing",
            "date": "2024-01-17",
            "type": "equity",
            "status": "closed",
            "amount": 8000000,
            "currency": "EUR",
            "amount_text": "an €8 million funding round",
            "qualifier": "exact",
            "eic": true,
            "sources": [
                {
                    "url": "https://www.tudelft.nl/2024/tnw/qphox-raises-eur8m-to-bring-quantum-modem-technology-to-market-building-towards-the-quantum-internet",
                    "publisher": "TU Delft",
                    "kind": "ecosystem",
                    "retrieved": "2026-10-23",
                    "locator": "Opening summary and paragraph beginning \"The round was led by QDNL Participations\""
                }
            ],
            "registry": []
        },
        "first_equity": {
            "id": "qphox-2024-01-financing",
            "date": "2024-01-17",
            "type": "equity",
            "status": "closed",
            "amount": 8000000,
            "currency": "EUR",
            "amount_text": "an €8 million funding round",
            "qualifier": "exact",
            "eic": true,
            "sources": [
                {
                    "url": "https://www.tudelft.nl/2024/tnw/qphox-raises-eur8m-to-bring-quantum-modem-technology-to-market-building-towards-the-quantum-internet",
                    "publisher": "TU Delft",
                    "kind": "ecosystem",
                    "retrieved": "2026-10-23",
                    "locator": "Opening summary and paragraph beginning \"The round was led by QDNL Participations\""
                }
            ],
            "registry": []
        },
        "first_private": {
            "id": "qphox-2024-01-financing",
            "date": "2024-01-17",
            "type": "equity",
            "status": "closed",
            "amount": 8000000,
            "currency": "EUR",
            "amount_text": "an €8 million funding round",
            "qualifier": "exact",
            "eic": true,
            "sources": [
                {
                    "url": "https://www.tudelft.nl/2024/tnw/qphox-raises-eur8m-to-bring-quantum-modem-technology-to-market-building-towards-the-quantum-internet",
                    "publisher": "TU Delft",
                    "kind": "ecosystem",
                    "retrieved": "2026-10-23",
                    "locator": "Opening summary and paragraph beginning \"The round was led by QDNL Participations\""
                }
            ],
            "registry": []
        },
        "registry": [
            {
                "id": "eic-step-qphox-2025",
                "name": "QphoX selected for EIC STEP Scale Up investment",
                "stage": "selected",
                "date": "2025-11-19",
                "instrument": "Equity investment by the EIC Fund under the EIC STEP Scale Up scheme",
                "url": "https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en",
                "source_title": "EIC: new scale up investments under EIC STEP Scale Up (19 November 2025)",
                "source_url": "https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en"
            }
        ],
        "rounds": 2,
        "stages": {
            "grant": true,
            "eic_early": true,
            "eic_accelerator": true,
            "private_round": true
        },
        "months": 18,
        "order": "grant_first",
        "median_eligible": false
    },
    "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."
    ]
}