Delft Circuits announced that High-Tech Gründerfonds (HTGF), Scholt Group and QuVest Capital have agreed to invest in the company, according to a statement.
They added that the deal brings in required funds for next steps in scaling and industrialization of our factory and team, which currently has a little over 20 full-time staff members.
“With HTGF, we partner with one of the most experienced and largest VC funds in Europe, well-rooted in the German industrial base. Scholt Group is a high-tech investment company in various sectors led by Jan Scholt, a highly successful entrepreneur based in Eindhoven high-tech area. QuVest Capital is an investment vehicle of a collection of very successful entrepreneurs and professionals from a broad range of sectors,” said Sal Bosman, founder of Delft Circuits.
According to the release, quantum technologies are transitioning from an academic to an industry-driven endeavour. Various corporates, governments, and large VC backed companies are heavily investing in building quantum-computing, -communication and -sensing devices. In order for the quantum industry to flourish, a mature supply chain of dedicated high-tech products is needed.
Since 2017, Delft Circuits designs and manufactures i/o (cabling) solutions for cryogenic environments to operate quantum systems. These environments have stringent space-, thermal-, and electronic requirements. Cri/oFlex® technology carefully balances these requirements and therefore is an enabler for large scale quantum systems.
“The cabling solutions provided by Delft Circuits can be considered as a critical enabler to bring quantum technologies to an industrial scale,” said Christian Ziach, senior investment manager at HTGF.
So far, Delft Circuits has delivered hundreds of Cri/oFlex® cabling solutions to over fifty customers worldwide. Our revolutionary cryogenic circuit technologies have found their way into quantum-computing, -internet, -sensing, astronomy, aerospace and biological applications. By serving customers in academia, startups, national labs, global tech corporations and governmental agencies, the company enables the next steps for the quantum industry and high-tech cryogenic systems.
“Together we have a solid basis to enable our customers to take the next steps in the booming quantum industry,” said Daan Kuitenbrouwer, founder of Delft Circuits.
For more market insights, check out our latest quantum computing news here.
