We build quantum processors for the million-qubit era.

Finland-based quantum hardware company SemiQon breaks out of the startup stage after securing a total of 17.5 million euros in blended financing from the European Innovation Council. With the EIC backing, SemiQon will speed up commercialization and diversify its business to domains beyond the quantum industry. The highly competitive EIC funding consists of EUR 2.5 million in a competitive, non-dilutive grant and an additional EUR 15 million of equity-based ear-marked funding.

University of Jyväskylä partners with SemiQon to push forward research on silicon-based quantum computing and expand Finland’s national research infrastructure for quantum.

Forbes’ The Prototype, a newsletter focused on emerging technologies and science news, reported on SemiQon’s recent launch of world’s first transistors engineered to work optimally in cryogenic temperatures.