YQuantum secures €161K to push miniaturised quantum hardware

Prime Highlights:

YQuantum received €161,000 from Venture Kick to accelerate the development of its compact and efficient quantum computing hardware.
The company aims to make quantum technology more practical by shrinking and improving hardware, bringing it out of research labs into real-world use.

Key Facts:

YQuantum’s miniaturised cryogenic hardware controls superconducting and spin qubits with high precision, enabling larger and more stable quantum processors.
The funding will support R&D, technology strengthening, and new business partnerships to advance next-generation quantum hardware.

Background

Swiss-based startup YQuantum has received €161,000 (CHF 150,000) from Venture Kick to speed up the development of its miniaturised hardware for quantum computers.

Quantum computers could change fields like medicine, materials research, and finance. But building large and reliable quantum systems is still very hard. Big and complex equipment makes it hard to expand today’s machines and slows their commercial use.

YQuantum is tackling this problem by building smaller and more efficient cryogenic hardware that runs quantum systems at very low temperatures. Its components control superconducting and spin qubits very accurately, which allows for bigger and more stable quantum processors. By making hardware smaller and better, the company wants to bring quantum technology out of research labs and into real-world use.

YQuantum’s customers include academic institutions, startups, and large tech companies working to build or expand their quantum systems. Experts expect the quantum hardware market to grow quickly in the coming years, reaching several billion euros as more organisations invest in the technology.

The new funding will help YQuantum strengthen its technology, expand research and development, and build new business partnerships. With support from Venture Kick, the company aims to bring its next-generation hardware closer to commercial use and play a key role in advancing the global quantum computing industry.