QuantWare raises 178 million dollars from Intel Capital
Dutch quantum firm QuantWare raised 178 million dollars to expand production. Intel Capital joined the round as Europe competes with U.S. and China.
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Netherlands-based QuantWare raised $178 million in new financing led by INTEL CORP and other venture partners on May 5. The funding helps Europe compete with quantum technology leaders in the United States and China. Scalable quantum hardware could unlock a market McKinsey estimates will reach trillions of dollars within the next decade.
