Orange Quantum Systems raises €12 Million seed round to enable Moore’s Law scaling for quantum computing

18-06-2025

On Tuesday 17 June we closed our second round of funding. This €12M seed round was led by Icecat Capital, with participation from Cottonwood Technology Fund, QBeat Ventures, QDNL Participations, and InnovationQuarter Capital. New funds will be used to create the next-generation of quantum chip test equipment for leading quantum computing companies, opening the door to exponential Quantum Moore’s Law scaling for quantum computers.

Part of the OrangeQS team in Delft.
Photo credits: Martin Dijkstra, das Studio, TNO

We closed a €12 million seed round! This is the largest seed investment round thus far in the Netherlands’ thriving quantum computing sector. We welcome new investors Icecat Capital, the dedicated quantum fund QBeat Ventures and InnovationQuarter Capital and are proud to have continued support from Cottonwood Technology Fund and QDNL Participations, who backed our pre-seed round in 2023.

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.

Enabling industrial-scale quantum chip testing for manufacturers and advanced R&D labs

Our 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 by, among others, 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.

Powering exponential growth in quantum chip manufacturing

We invest the €12 million of fresh funds in building the next generation test equipment that can characterize quantum chips in days rather than weeks. By removing this bottleneck, we help leading chip makers continue to double the number of reliable quantum bits (“qubits”) on a chip every few years – setting the stage for the quantum equivalent of Moore’s Law.

The new funding round drew strong interest from investors, reinforcing our ambition to become the global leader in testing solutions for the rapidly developing quantum chip market.

Garrelt Alberts, one of our founders and executive director at OrangeQS:

“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.”

Our seed investment round in the press

Read more about our investment round in your favorite global, quantum or Dutch news outlet!