Quix Receives €5.5 Million ($5.6M USD) in Seed Round Funding

Quix new investors include PhotonDelta, FORWARD.one and Oost NL and the funding will be used for further development of Quix's quantum photonic processor chips. They recent delivered a 20 qumode chip to the European project PHOQUSING and are currently working on having a full 20 qumode processor by early 2023. After that they plan on developing a 50 qumode processor. Quix' photonic technology has very low optical losses and runs at room temperature, unlike other technologies that require expensive cryocoolers for low temperature operation. You can view Quix new release announcing this funding on their website here.

July 7, 2022