Switzerland-based firm YQuantum, which develops miniaturized cryogenic hardware that improves qubit performance and scalability in quantum computers, has secured €161,000 (CHF 150,000) from Venture Kick to advance the development and commercialization of its next-generation quantum hardware components.
- Established in September 2024 by Dr. Christian Jünger, Dr. Johannes Herrmann, and Prof. Christian Schönenberger, YQuantum develops miniaturized cryogenic hardware for quantum computers.
- The company produces specialized components, such as Flux BiasTs, cryogenic coldstages, IR filters, DC-blocks, and RF-port sample holders, that reduce hardware size and complexity inside cryostats.
- These innovations improve qubit density, coherence, and control fidelity, enabling larger and more stable superconducting- and spin-qubit arrays. YQuantum’s technology aims to support the transition of quantum processors from lab prototypes to commercially scalable systems.
Details of the deal
- The fresh capital came from Venture Kick, a philanthropic initiative of the Kick Foundation that supports Swiss startups.
- YQuantum plans to use the new capital to advance development of its miniaturised cryogenic hardware, expand its engineering capabilities, and move prototypes into commercial-ready products.
- The funding will also support closer collaboration with research groups and industry partners, as well as broader business development efforts to accelerate market entry.
