
Arctic Instruments
Microwave readout solutions for quantum tech developers.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | €2.4m | Seed | |
Total Funding | 000k |
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Arctic Instruments, a spin-off from the VTT Technical Research Centre of Finland, was founded in 2024 by a team of scientists with extensive backgrounds in superconducting circuit research: Mário Ribeiro, Visa Vesterinen, and Joonas Govenius, who now serves as the CEO.
The company specializes in the development and manufacturing of superconducting microwave amplifiers, a critical component for the advancement of quantum computing. Their flagship product is a C-band (4-8 GHz) travelling wave parametric amplifier, which offers near-quantum-limited performance. This technology is designed to provide high-fidelity qubit readout, a crucial process for accurately extracting information from quantum bits, thereby enabling the construction of larger and more powerful quantum computers.
Arctic Instruments operates in the deep-tech sector, serving quantum technology developers and researchers who require specialized hardware for their quantum computing systems. The business model is centered on the production and sale of these high-performance amplifiers. The company has secured €2.35 million in a funding round led by Lifeline, which is aimed at scaling up the development and production of their next-generation amplifiers.
Keywords: quantum computing, superconducting amplifiers, qubit readout, parametric amplifiers, quantum technology, microwave solutions, deep tech, VTT spin-off, quantum hardware, cryogenic electronics