VTT Technical Research Centre of Finland
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Arctic Instruments raises €2.3 million to advance quantum computing amplifiers
Arctic Instruments, a spinout from VTT Technical Research Centre of Finland, has secured €2.3 million in funding for the research, development and commercialisation of its superconducting microwave amplifier technology. The funding round was led by the Finnish venture capital firm Lifeline Ventures. This investment will support Arctic Instruments in its mission to meet the increasing demand for high-quality amplifiers needed for scaling quantum computing.
The company’s ability to manufacture near-quantum-limited amplifiers consistently and in volume is critical for enabling the construction of large-scale quantum computers with accurate qubit state readout. According to Arctic Instruments, they are the only manufacturer already capable of supplying thousands of amplifiers of the required quality and consistency.