News

QuiX Quantum selected for prestigious EIC Accelerator funding

19 July 2024

Enschede, Netherlands, 18 July 2024 – QuiX Quantum, a European leader in photonic quantum computing hardware, proudly announces its selection by the European Innovation Council (EIC) Accelerator programme, a key initiative of the European Commission. Being granted the EIC Accelerator highlights QuiX Quantum’s innovative contributions and secures financial support for their cutting-edge projects.


The EIC Accelerator programme is renowned for identifying and supporting breakthrough
technologies with high growth potential. QuiX Quantum’s selection proves its commitment to advancing quantum computing solutions that promise to revolutionise industries globally.

“We are honoured to be chosen for the blended financing of the EIC Accelerator programme which can be up to €17.5 million in combined grant and equity,” said Kathy Willing, CFO of QuiX Quantum. “This funding will accelerate our research and development, bringing us closer to realising the full potential of photonic quantum computing.”


“I personally consider the EIC Accelerator to be an essential instrument for financing deep tech, high-risk start-ups that are strategically relevant in the EU. The Accelerator will allow
us to push our objectives and vision of building Europe’s leading quantum photonic
products,” said Dr.-Ing. Stefan Hengesbach, CEO of QuiX Quantum.


QuiX Quantum will receive a blend of grants and equity investments, part of the €411 million allocated to 68 innovative companies across Europe. This funding will enhance the company’s ability to scale its operations, develop new technologies, and attract further
investments.