QphoX, a Dutch startup working on critical quantum internet technologies, has raised €8 million in its latest funding round. Marking the largest investment in a quantum company in the Netherlands to date, the capital will be used to enable QphoX to bring its quantum modem technology to market.

While qubit counts and the associated number of gates continue to climb, the reality of the day when quantum computing reaches everyday market potential might not be as far off as once believed.

Investment_Round_240117 (qphox.eu)