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QuiX Quantum Lands $5.6M for Photonic Quantum Computer

ENSCHEDE, Netherlands, July 7, 2022 – QuiX Quantum, a leading producer of quantum processors, has secured a € 5.5 million ($ 5.6 million) Seed Round investment from PhotonDelta, and Oost NL.

The funding will take QuiX one step closer to making the world’s most powerful photonic quantum computer. It also marks PhotonDelta’s first major investment since it secured a € 1.1 billion investment to expand the Dutch photonics ecosystem.

QuiX processors are already the de facto standard for photonic quantum processing in the UK, France, Germany and Hungary due to its record-breaking 12- and 20-qumode power. The fund follows the appointment of industry veteran Dr. Stefan Hengesbach as the new CEO of QuiX.

Photonics uses photons (light) to transfer information. Photonic chips, also called photonic integrated circuits (PICs), integrate photonic functions into microchips to create smaller, faster and more energy efficient devices. PICs are able to process and transmit data more efficiently than their electronic counterparts. As a result PICs have emerged as the ideal technology for quantum computing.

Most of the components in a photonic quantum computer can operate at room temperature – a big step forward in reducing their cost and size. QuiX expects to launch a full system photonic quantum computer based on its 20 qumode processor in early 2023 and launch a new generation 50 qumode processor by 2023. Increasing the number of qumodes from 20 to 50 requires a quantum machine from the equivalent of a laptop to a supercomputer.

“The QuiX Quantum processors are already at the forefront of the world and are well suited to make the most powerful photonic quantum computer we’ve seen,” said Drs. Stefan Hengesbach, CEO of QuiX Quantum. “This phase brings us a huge leap towards this goal and we will be able to start making a game that changes the 50 qumode processor. The technical terms around quantum computing can be even more complicated , however, we need to keep in mind how radical this technology is.It will affect every aspect of our lives from creating truly smart cities and developing new drugs to addressing some of the deepest questions about the nature of our universe.

Ewit Roos, CEO of PhotonDelta, said: “QuiX Quantum is one of the most exciting startups in the Netherlands. In just three years it has become an industry leader and now, with this initial investment, it can make a serious advances in quantum computing.Photonics is a unique new technology with many applications.QuiX Quantum shows how it can be used to overcome some of the major obstacles in quantum computing and highlights why it is so important that we build in our own photonic industry in Europe.

Source: QuiX Quantum

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