# QBLOX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qblox

- Industry: Electronics
- Headquarters: Delft, Netherlands
- Website: www.qblox.com
- Total disclosed funding: $26M
- Latest round: Series A (Jun 7, 2024)
- Investors on record: 4

## About

Based in the Netherlands, QBLOX BV specializes in the development and commercialization of advanced quantum computing solutions, focusing on hardware that supports quantum capabilities.Founded in 2018 in Delft, Netherlands, QBLOX BV operates in the quantum computing sector, providing innovative hardware solutions. The company has engaged in one significant investment deal, raising USD 26.00 mn in a Series A funding round on June 20, 2024. This round saw participation from the European Innovation Council, Invest-NL, QDNL Participations, and Quantonation. The company was co-founded by Jules Van Oven and Niels Bultink, who serves as the CEO.QBLOX specializes in advanced quantum computing hardware solutions, offering products such as the Quantum Control Module (QCM), the QCM-RF II, Quantum Readout Module (QRM), and specialized modules like the QRC and QTM. These products are designed to support quantum research and development, addressing critical challenges in quantum state manipulation and measurement. QBLOX serves a diverse clientele including academic institutions, research laboratories, and technology companies focused on quantum research, marketing their products in key regions such as North America, Europe, and parts of Asia.QBLOX generates revenue through B2B sales of its quantum computing hardware to research institutions and commercial enterprises. The company's business model is centered on partnerships with organizations integrating quantum computing solutions into their operations. Their pricing structure is tailored to meet the needs of both large-scale research projects and smaller academic initiatives, fostering long-term client relationships and collaborations.In June 2024, QBLOX BV raised USD 26.00 mn in a Series A funding round to expand its market reach and enhance research and development efforts. The company plans to design and launch new quantum products, targeting specific markets for expansion in North America and Europe in the coming years. The recent funding will be instrumental in supporting these initiatives, facilitating growth and innovation in the quantum technology landscape.

## Funding rounds

- Series A, Jun 7, 2024, $26M — European Innovation Council, Invest-NL, Quantonation, QDNL Participations

## Investors

- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A
- Invest-NL — Series A
- Quantonation (https://capitalatlas.ai/funds/quantonation) — Series A
- QDNL Participations — Series A