Orange Quantum Systems Secures €12 Million for Quantum Chip Testing Innovation

Delft-based startup Orange Quantum Systems raises €12 million in Seed funding, touted as the largest in the Netherlands’ quantum sector. This funding round aims to enhance testing solutions for complex quantum chips and advance their product offerings. CEO Garrelt Alberts notes it validates the importance of their technology as they eye rapid advancements akin to Moore’s Law in quantum computing.

In a significant boost for the Dutch tech landscape, Delft’s very own Orange Quantum Systems (OrangeQS) has netted an impressive €12 million in what’s said to be the largest Seed investment round for the country’s quantum computing sector. The funding round, notably oversubscribed, was led by Icecat Capital, alongside support from Cottonwood Technology Fund and several other investors. This comes after earlier backing from Cottonwood and QDNL Participations during the company’s pre-Seed stage in 2023.

CEO Garrelt Alberts expressed tremendous excitement over the strong backing from investors, stating, “We are excited to see such strong support from the investment community.” He continued, emphasizing that the funding not only confirms the importance of their work but also fast-tracks their roadmap to deliver vital testing solutions needed as the quantum computing landscape evolves.

Founded in 2020, Orange Quantum Systems is carving out a niche in automated testing and validation for quantum chips. As the sector grows and chips become more sophisticated, there’s a critical need for accurate and scalable chip testing methods. OrangeQS claims to tackle this task head-on with a suite of products designed to simplify quantum chip testing throughout the value chain, boosting efficiency and precision.

At the forefront of their offerings is the OrangeQS MAX, which is reportedly raising the bar for standard quantum chip testing. According to sources, IQM, one of Europe’s leading quantum computing firms, plans to utilize this technology in Espoo, Finland, to expedite the development of quantum chips. Moreover, there’s the OrangeQS FLEX, which provides tailored testing solutions for both industrial and academic research teams, already being adopted by well-regarded institutions such as the Karlsruhe Institute of Technology and the University of Napoli.

The company has also developed OrangeQS Juice, an open-source operating system that allows researchers to manage their entire quantum research environment seamlessly. A number of research labs, including the Advanced Quantum Testbed at Berkeley Lab and Chalmers Next Labs, are testing this innovative platform as they seek to push the boundaries of quantum research.

With this latest funding in hand, OrangeQS is set to enhance their testing machines, aiming to speed up quantum chip evaluations from weeks down to mere days. This innovation could be pivotal for chip manufacturers, facilitating the doubling of reliable quantum bits, or qubits, every few years, akin to Moore’s Law in classical computing. It’s a bold ambition but one fueled by an inspiring mixture of innovative technology and strategic investment.

If successful, this aligns with the broader vision for quantum computing, where steady advances in hardware capabilities could mimic the exponential growth witnessed during the computing boom. As the landscape continues evolving, strategies from startups like OrangeQS will be key in shaping the future of quantum technology integration into society, pushing the envelope further than ever before.

Orange Quantum Systems has made a substantial leap in the quantum technology space with a €12 million Seed funding round, led by Icecat Capital. This financial backing enables the company to enhance their innovative testing capabilities for quantum chips, crucial for the sector’s growth. The advancements they plan to implement, such as faster testing machines, could potentially mirror the rapid advancements seen in classical computing, getting us closer to a future where quantum tech becomes a mainstream reality. With distinguished partnerships and product offerings already setting new standards, OrangeQS seems poised for an exciting journey ahead.

Original Source: www.eu-startups.com