Delft-based Orange Quantum Systems, a quantum technology startup, announced on Tuesday that it has secured €1.5M in a pre-seed round of funding co-led by QDNL Participations and Cottonwood Technology Fund.
Orange QS will use the new funds to develop its next generation of quantum chip test equipment. It will be the first turnkey solution optimised for high-speed qubit testing, targeting the emerging quantum industry market.
Talking about scaling the product portfolio to Silicon Canals, Garrelt Alberts, Managing Director at Orange QS, says, “Orange QS has been developing tools for the R&D market. With this first investment round, we can add products for the emerging quantum industry for quantum chip development and production at scale (more quantum chips and more high-quality qubits per chip).”
“The first product line will be full systems optimised for price, throughput, and ease-of-use, with a cryogenic environment, including cabling, filtering, and amplification, integrated with room temperature control electronics and our physics-based test protocol libraries,” adds Alberts.