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SemiQon develops silicon-based quantum processors, or quantum integrated circuits (QICs), to enhance quantum computing's scalability, affordability, and sustainability. Their technical approach integrates control logic onto the quantum chip and employs cryo-CMOS technology, featuring transistors optimized for cryogenic conditions. These innovations reduce power consumption and heat dissipation, leveraging standard semiconductor manufacturing for million-qubit systems.
The company spun out from VTT Technical Research Centre of Finland, beginning operations in early 2023. Founders Himadri Majumdar, Mika Prunnila, Janne Lehtinen, and Markku Kainlauri, previously VTT researchers, identified the challenge of scaling quantum computers. This insight into viable, cost-effective silicon solutions prompted their commercialization of research.
SemiQon's products serve the quantum computing industry, developed with global academic and private sector partners; its cryo-CMOS technology also aids space tech and high-performance computing. The company aims to power quantum computing's scale-up by delivering productized, affordable silicon processors. Its vision is to make quantum computers commercially viable for broad adoption, realizing technology's full potential.
SemiQon has raised $2.0M across 1 funding round.
SemiQon has raised $2.0M in total across 1 funding round.
SemiQon has raised $2.0M in total across 1 funding round.
SemiQon's investors include Voima Ventures.
SemiQon has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in March 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2023 | $2M Seed | — | Voima Ventures | Announced |
SemiQon is a Finnish spin‑out building silicon‑based quantum processors and cryogenic CMOS chips aimed at making quantum computing more scalable, affordable, and energy‑efficient for the “million‑qubit” era[1][2].SemiQon’s technology targets the key bottlenecks of scalability, cost, and sustainability by designing quantum‑optimized CMOS that can be manufactured using standard semiconductor methods and operate at warmer cryogenic temperatures, reducing system complexity and power needs[2][1].
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