OrangeQS creates integrated systems to make testing of quantum computing chips more scalable, faster, and cost-effective Funding round led by Icecat Capital, with participation from Cottonwood Technology Fund, QBeat Ventures, QDNL Participations, and InnovationQuarter Capital New funds will be used to create the next-generation of test equipment for leading quantum computing companies, opening the door to exponential Quantum Moore’s Law scaling for quantum chips   Orange Quantum Systems, a pioneering Dutch startup transforming the field of quantum chip testing, has closed an oversubscribed €12 million seed round — the largest seed investment round thus far in the Netherlands’ thriving quantum computing sector.   The round was led by Icecat Capital, supported by Cottonwood Technology Fund, QBeat Ventures, QDNL Participations, and InnovationQuarter Capital.   Cottonwood and QDNL Participations backed the company’s pre-seed round in 2023. New investors are Icecat Capital and the dedicated quantum fund QBeat, both eager to fuel the international scaling of Orange Quantum Systems, and InnovationQuarter Capital.   Quantum computing is a rapidly developing field. As the chips that underpin many of these advances become more complex a significant challenge has emerged: the need for scalable, precise, and cost-effective quantum chip testing.   OrangeQS meets these challenges with a comprehensive product suite designed to streamline quantum chip testing across the entire value chain.   Enabling industrial-scale quantum chip testing for manufacturers and advanced R&D labs OrangeQS’s flagship test product OrangeQS MAX sets new industry benchmarks for high‑volume, standardised quantum‑chip testing. Europe’s leading quantum‑computer builder IQM will use the system in Espoo, Finland to accelerate quantum chip development. OrangeQS FLEX offers customizable chip-testing solutions for academic and industrial R&D teams. It is being used, among others, by quantum research labs at the Karlsruhe Institute of Technology (Germany) and the University of Napoli (Italy). Additionally, R&D labs like the Advanced Quantum Testbed at Berkeley Lab (USA), Chalmers Next Labs (Sweden) and QuTech (The Netherlands) are testing OrangeQS Juice, an open-source operating system enabling users to seamlessly manage their complete quantum research setup within a single environment.   Powering exponential growth in quantum chip manufacturing With the fresh funds, OrangeQS will invest the new €12 million in building even faster test machines that check quantum chips in days rather than weeks. By removing this bottleneck, the company helps leading chip makers keep doubling the number of reliable quantum bits (“qubits”) every few years.—setting the stage for a quantum equivalent of Moore’s Law.   The new funding round drew strong interest from investors, reinforcing the company’s ambition to become the global leader in testing solutions for the rapidly developing quantum chip market.   “We are excited to see such strong support from the investment community,” says Garrelt Alberts, CEO of OrangeQS. “This funding round not only validates the critical importance of our technology but also enables us to accelerate our product roadmap, delivering the testing solutions essential to the emerging quantum computing industry as it advances toward building powerful quantum computers that benefit society.”     About Orange Quantum Systems: Orange Quantum Systems develops advanced solutions for automated testing and characterization of quantum chips, enabling the transition from lab-scale devices to industrial-grade quantum computers. Based in Delft, the Netherlands, the company leverages deep academic roots and engineering excellence to serve the global quantum ecosystem. Media Contact Garrelt Alberts garrelt@orangeqs.com https://www.orangeqs.com

Single Quantum is the world leader in single photon detection. Single Quantum’s superconducting nanowire single photon detectors offer quantum efficiencies exceeding 90%, jitter below 10 ps, and photon number resolving capabilities at key wavelengths for quantum computing and quantum cryptography, including 1550 nm. The company is proud to announce the expansion of its operations with the opening of its new R&D hub based in Stuttgart. Serving the market’s need for scalable photonic quantum systems and a demand for new wavelengths spanning from the UV to the deep IR, the product and research team at the Stuttgart hub will expand the company’s portfolio and push the technological boundaries for single photon detection.

The funding will further accelerate the build-out of its fabrication capabilities to make exponentially more powerful quantum processors powered by VIO, QuantWare’s proprietary QPU scaling technology. 17 June 2025 – Delft, Netherlands – QuantWare, creator of the VIO QPU scaling technology and leading commercial provider of quantum hardware, today announced raising an additional $4.5 million in funding. This second close brings its oversubscribed Series A round to a total of $27 million. The new funding follows strong interest from customers and investors, reflecting the company’s commercial momentum and recent technological progress. QuantWare develops VIO, a breakthrough technology that solves key bottlenecks in scaling quantum processors, paving the fastest way to quantum computers with over one million qubits in a single processor. By using VIO, quantum processors with orders of magnitude more qubits can be made. Because the processing power of quantum processors scales exponentially, this allows QuantWare’s customers to build exponentially more powerful quantum computers. The additional capital will accelerate the build-out of QuantWare’s chip fabrication facilities. It will also be used to expand the team and recruit top talent to join the company’s fast-growing organisation. Multiple positions are currently open – candidates can learn more at www.quantware.com/careers. “VIO plays a critical role in the future of quantum computing, and our recent progress proves that we can turn our vision into reality,” said Matthijs Rijlaarsdam, QuantWare’s CEO. “We’re now building key partnerships across the quantum ecosystem to deliver 1M qubit systems in the coming years. This additional funding accelerates that momentum — bringing us closer to our mission: making the world’s most powerful quantum processors to solve humanity’s most important challenges.” QuantWare leads the Quantum Open Architecture paradigm, leveraging its foundry platform by providing its VIO technology through its own designed processors, and via Foundry- and Packaging Services. QuantWare has a global customer base: it powers quantum computers for customers in 20 countries worldwide. About QuantWare QuantWare is a leading provider of quantum hardware and creator of the VIO Quantum Processor Unit (QPU) scaling technology. Leading the Quantum Open Architecture paradigm, QuantWare powers the quantum computers of customers in 20 countries, spread over four continents. QuantWare’s VIO provides a scaling platform to unlock the fastest path towards systems with more than 1 million qubits. VIO is available in Quantum Processors designed by QuantWare, via Foundry Services, and as Packaging Service. For more info, visit our website https://www.quantware.com/.