OrangeQS has raised €12M in an oversubscribed seed funding round

A pioneering Dutch startup transforming the field of quantum chip testing, Orange Quantum Systems (OrangeQS), has closed an oversubscribed €12 million seed round.

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.

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.

Garrelt Alberts, CEO of OrangeQS, said:

We are excited to see such strong support from the investment community. 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.

Powering exponential growth in quantum chip manufacturing

With the fresh funds, OrangeQS will invest 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 every few years.

The round was led by Icecat Capital, supported by Cottonwood Technology Fund, QBeat Ventures, QDNL Participations, and InnovationQuarter Capital.

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.

Lead image: OrangeQS