{
    "title": "Company brief: QuantWare",
    "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": "2026-11-02",
    "company": {
        "id": "quantware",
        "name": "QuantWare",
        "country": "NL",
        "sme_in_cordis": true,
        "brief": "/quantum-europe/investors/companies/quantware/brief",
        "cordis_organisations": [
            "cordis-org:892878890"
        ],
        "technology_areas": [
            "computing",
            "sensing",
            "enabling"
        ],
        "eu_projects": 6,
        "eu_contribution_received_eur": 7875087.5,
        "eic_projects": {
            "pathfinder": 1,
            "transition": 1,
            "accelerator_bf": 1
        },
        "patents": {
            "families": 0,
            "lower_bound": false,
            "looked_up": "2026-10-22"
        },
        "publications": null,
        "deployment_records": [],
        "rounds": [
            "quantware-2026-05-series-b",
            "quantware-2026-04-eic-step-selected"
        ],
        "signals": [
            "eu_grants",
            "eic_accelerator",
            "rounds"
        ]
    },
    "projects": [
        {
            "id": "cordis:101115548",
            "acronym": "FERROMON",
            "title": "Ferrotransmons and Ferrogatemons for Scalable Superconducting Quantum Computers",
            "url": "https://cordis.europa.eu/project/id/101115548",
            "start": "2023-11-01",
            "project_eu_contribution": 3948125,
            "currency": "EUR",
            "eic_scheme": "EIC Pathfinder"
        },
        {
            "id": "cordis:101290564",
            "acronym": "RE-CLIQS",
            "title": "REplaceable Chiplet LInks for Quantum Scaling",
            "url": "https://cordis.europa.eu/project/id/101290564",
            "start": "2026-04-01",
            "project_eu_contribution": 2499887.5,
            "currency": "EUR",
            "eic_scheme": "EIC Transition"
        },
        {
            "id": "cordis:190163802",
            "acronym": "DEMOQC",
            "title": "Democratizing quantum computing with 3D scalable and customizable quantum processors:",
            "url": "https://cordis.europa.eu/project/id/190163802",
            "start": "2023-01-01",
            "project_eu_contribution": 2499700,
            "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: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:101113901",
            "acronym": "Qu-Test",
            "title": "Qu-Test",
            "url": "https://cordis.europa.eu/project/id/101113901",
            "start": "2023-04-01",
            "project_eu_contribution": 18912678.81,
            "currency": "EUR",
            "eic_scheme": null
        }
    ],
    "cordis_retrieved": "2026-10-16",
    "rounds": [
        {
            "id": "quantware-2026-05-series-b",
            "company": "QuantWare",
            "company_id": "quantware",
            "date": "2026-05-05",
            "type": "Series B",
            "status": "Closed",
            "amount": 178000000,
            "currency": "USD",
            "amount_as_announced": "$178 million (€152 million) Series B equity funding",
            "qualifier": "exact",
            "lead_investors": [],
            "investors": [
                "Intel Capital",
                "In-Q-Tel (IQT)",
                "ETF Partners",
                "FORWARD.one",
                "Invest-NL (including its Deep Tech Fund)",
                "InnovationQuarter Capital",
                "Ground State Ventures",
                "Graduate Ventures"
            ],
            "sources": [
                {
                    "url": "https://quantware.com/news/quantware-raises-178-million",
                    "publisher": "QuantWare",
                    "kind": "company",
                    "retrieved": "2026-10-23",
                    "locator": "Dateline paragraph, Delft, 5 May 2026; paragraph beginning \"New investors joining the round include\""
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [],
            "note": "No lead investor is named in the release."
        },
        {
            "id": "quantware-2026-04-eic-step-selected",
            "company": "QuantWare",
            "company_id": "quantware",
            "date": "2026-04-27",
            "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/eight-european-startups-set-receive-scale-funding-eic-under-step-scale-scheme-2026-04-27_en",
                    "publisher": "European Innovation Council",
                    "kind": "official",
                    "retrieved": "2026-10-23",
                    "locator": "List of the eight companies; EUR 146.5 million of equity combined, no per-company figure"
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [
                "eic-step-quantware-2026"
            ],
            "note": "Put forward for an EIC Fund investment decision under EIC STEP Scale Up, subject to due diligence."
        }
    ],
    "lab_to_market": {
        "id": "quantware",
        "name": "QuantWare",
        "country": "NL",
        "method": "reviewed_link",
        "pics": [
            "892878890"
        ],
        "nid": 111,
        "families": [
            "computing",
            "sensing",
            "enabling"
        ],
        "grants": 6,
        "first_grant": {
            "id": "cordis:190163802",
            "acronym": "DEMOQC",
            "title": "Democratizing quantum computing with 3D scalable and customizable quantum processors:",
            "start": "2023-01-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC-ACC-BF",
            "kind": "eic_accelerator_bf",
            "amount": 2499700,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/190163802",
            "nid": 1695
        },
        "first_eic_early": {
            "id": "cordis:101115548",
            "acronym": "FERROMON",
            "title": "Ferrotransmons and Ferrogatemons for Scalable Superconducting Quantum Computers",
            "start": "2023-11-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC",
            "kind": "eic_pathfinder",
            "amount": 3948125,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/101115548",
            "nid": 1273
        },
        "first_eic_accelerator": {
            "id": "cordis:190163802",
            "acronym": "DEMOQC",
            "title": "Democratizing quantum computing with 3D scalable and customizable quantum processors:",
            "start": "2023-01-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-EIC-ACC-BF",
            "kind": "eic_accelerator_bf",
            "amount": 2499700,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/190163802",
            "nid": 1695
        },
        "first_eic_fund": null,
        "first_equity": {
            "id": "quantware-2026-05-series-b",
            "date": "2026-05-05",
            "type": "series_b",
            "status": "closed",
            "amount": 178000000,
            "currency": "USD",
            "amount_text": "$178 million (€152 million) Series B equity funding",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://quantware.com/news/quantware-raises-178-million",
                    "publisher": "QuantWare",
                    "kind": "company",
                    "retrieved": "2026-10-23",
                    "locator": "Dateline paragraph, Delft, 5 May 2026; paragraph beginning \"New investors joining the round include\""
                }
            ],
            "registry": []
        },
        "first_private": {
            "id": "quantware-2026-05-series-b",
            "date": "2026-05-05",
            "type": "series_b",
            "status": "closed",
            "amount": 178000000,
            "currency": "USD",
            "amount_text": "$178 million (€152 million) Series B equity funding",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://quantware.com/news/quantware-raises-178-million",
                    "publisher": "QuantWare",
                    "kind": "company",
                    "retrieved": "2026-10-23",
                    "locator": "Dateline paragraph, Delft, 5 May 2026; paragraph beginning \"New investors joining the round include\""
                }
            ],
            "registry": []
        },
        "registry": [
            {
                "id": "eic-step-quantware-2026",
                "name": "QuantWare selected for EIC STEP Scale Up investment",
                "stage": "selected",
                "date": "2026-04-27",
                "instrument": "Equity investment by the EIC Fund under the EIC STEP Scale Up scheme",
                "url": "https://eic.ec.europa.eu/news/eight-european-startups-set-receive-scale-funding-eic-under-step-scale-scheme-2026-04-27_en",
                "source_title": "EIC: eight European start-ups set to receive scale-up funding under STEP Scale Up (27 April 2026)",
                "source_url": "https://eic.ec.europa.eu/news/eight-european-startups-set-receive-scale-funding-eic-under-step-scale-scheme-2026-04-27_en"
            }
        ],
        "rounds": 2,
        "stages": {
            "grant": true,
            "eic_early": true,
            "eic_accelerator": true,
            "private_round": true
        },
        "months": 40,
        "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."
    ]
}