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Company brief: QuantWare

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, Quantum sensing and metrology, Enabling technologies and supply chain

Legal entities linked to this company after a review of name and country:

EU grants

Takes part in 6 EU-funded quantum projects. EU contribution received: EUR 7,875,087.50 (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 Transition: 1 project
  • EIC Pathfinder: 1 project
EIC projects first, then the largest awards (whole project, all participants)
ProjectEIC schemeStartEU contribution to the project
FERROMON: Ferrotransmons and Ferrogatemons for Scalable Superconducting Quantum ComputersEIC Pathfinder2023-11-01EUR 3,948,125
RE-CLIQS: REplaceable Chiplet LInks for Quantum ScalingEIC Transition2026-04-01EUR 2,499,887.50
DEMOQC: Democratizing quantum computing with 3D scalable and customizable quantum processors:EIC Accelerator, blended finance (grant plus an EIC Fund investment component)2023-01-01EUR 2,499,700
SUPREME 1: SUPERCONDUCTING EUROPEAN QUANTUM PILOT LINEOther scheme2026-04-01EUR 24,999,049.41
OpenSuperQPlus100: Open Superconducting Quantum Computers (OpenSuperQPlus)Other scheme2023-03-01EUR 19,999,327.25
Qu-Test: Qu-TestOther scheme2023-04-01EUR 18,912,678.81

Source: CORDIS, Publications Office of the European Union, retrieved 2026-10-16.

Patent families

0 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

Announced rounds, newest first
DateType and statusAmountInvestors (organisations)Sources
2026-05-05Series B
Closed
USD 178,000,000
As announced: $178 million (€152 million) Series B equity funding
Intel Capital, In-Q-Tel (IQT), ETF Partners, FORWARD.one, Invest-NL (including its Deep Tech Fund), InnovationQuarter Capital, Ground State Ventures, Graduate VenturesQuantWare (Company press release, read 2026-10-23; Dateline paragraph, Delft, 5 May 2026; paragraph beginning "New investors joining the round include")
No lead investor is named in the release.
2026-04-27Public equity investment (EIC STEP Scale Up)
Selected, subject to due diligence
UndisclosedEuropean Innovation Council (EIC) and EIC FundEuropean Innovation Council (Official page, read 2026-10-23; List of the eight companies; EUR 146.5 million of equity combined, no per-company figure) Registry entry
Put forward for an EIC Fund investment decision under EIC STEP Scale Up, subject to due diligence.
Closed, disclosed investment rounds, one line per currency
CurrencyTotal as announcedRounds
USDUSD 178,000,0001

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
DEMOQC, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2023-01-01; EUR 2,499,700 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
First EIC Pathfinder or Transition project
FERROMON, EIC Pathfinder (Horizon Europe), started 2023-11-01; EUR 3,948,125 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
First EIC Accelerator project
DEMOQC, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2023-01-01; EUR 2,499,700 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
First equity round recorded in the portal
2026-05-05, Series B, USD 178,000,000 (as announced: $178 million (€152 million) Series B equity funding). Sources: QuantWare (read 2026-10-23; Dateline paragraph, Delft, 5 May 2026; paragraph beginning "New investors joining the round include")
Public investment registry
QuantWare selected for EIC STEP Scale Up investment (official source)
Time between
40 months (3.3 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.

Lab to market: method, limits and every journey

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.