Investing in the supercomputer of the future

In short:

• GIS invests in Dutch quantum player QuantWare through ETF Partners.
• QuantWare develops quantum chips with the potential to unlock major societal breakthroughs.
• The funding supports commercial scale-up and continued global growth.
• The investment strengthens PGIS’s impact strategy and Europe’s technological edge.

Access to quantum technology
The Private Global Impact Solution (PGIS) is investing in QuantWare, a Dutch technology company based in Delft, through the sub-fund ETF Partners. The investment is part of a funding round completed by QuantWare this spring, which raised more than €150 million. Through this investment, PGIS gains access to one of the most promising European quantum computing players at a key stage in its growth journey. This also aligns with PGIS’s strategy of investing in companies with proven commercial potential that are ready to scale.

Dutch innovation with global impact
QuantWare develops advanced superconducting quantum chips that can dramatically expand and enhance computing power. Rooted in the principles of quantum physics, this technology addresses one of the sector’s core challenges: scaling computing power quickly and reliably. Calculations that would take even the most advanced conventional computer years could, in many cases, be completed more than a thousand times faster using quantum technology. 

Over time, these capabilities could enable breakthroughs in areas such as climate modelling, energy optimisation, materials research and drug development. This makes QuantWare highly relevant to the long-term, impact-driven strategy of the Private Global Impact Solution.

Scaling innovation
The funding enables QuantWare to move from proven technology to further commercial scale-up. This will be achieved through expanded production, system integration and partnerships with research institutions and industrial partners. The company also plans to build its own chip manufacturing facility in Delft, an ambition that it says could secure it asignificant global advantage.

Through ETF Partners, QuantWare gains not only capital but also active support during this growth phase. ETF works closely with its portfolio companies, offering board-level involvement, access to valuable networks and hands-on support in scaling operations. Several established investors also participated in the latest funding round. The first commercially viable quantum computers are expected to reach the market around 2030.

ETF Partners: venture capital within an impact portfolio
ETF Partners, one of the sub-funds within PGIS, is a European venture capital investor with a strong focus on sustainability and technological innovation. By investing in scalable, next generation solutions such as QuantWare’s quantum chips, ETF plays a key role within PGIS’s diversified impact portfolio. 

These scalable solutions must demonstrate clear commercial potential. QuantWare already has more than 50 customers across 20 countries for its quantum chips, which are now being readied for large-scale production. Investments like these complement PGIS’s more mature impact investments, strengthening the overall portfolio.

Technological strength
The investment in QuantWare underlines how venture capital can contribute to Europe’s technological leadership, foster Dutch entrepreneurship and drive long-term impact. At the same time, the PGIS portfolio is supporting the continued scaling of proven innovations with broad societal relevance.

Disclaimer
Private Global Impact Solution (the “Sub- Fund”) is a sub-fund of Kempen Alternative Markets Fund SICAV-RAIF (the “Fund”), domiciled in Luxembourg. Van Lanschot Kempen Investment Management NV is the management company of the Fund. 

Van Lanschot Kempen Investment Management NV is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The Fund is only available for professional investors. The Shareholder is subject to an initial lock-up period of 3 years for each investment.

General risks to take into account when investing in the Private Global Impact Solution The Private Global Impact Solution will primarily invest in a diversified pool of investment funds managed by third-party investment managers with the primary investment objective to achieve capital growth and positive social and environmental impact.

Investing in this strategy is subject to risks arising from the volatility of securities, bonds, currency and interest rate markets that could negatively affect the performance. Under unusual market conditions the specific risks can increase significantly. Potential investors should be aware that the underlying investment funds often pursue a more alternative investment policy than traditional investment funds. 

Some investments, particularly private (non listed) investment strategies, may involve assets which are illiquid, are difficult to value and/or are exposed to high market, credit and liquidity risk including the risk of insolvency or bankruptcy. In such circumstances, the bility for an investor to redeem its interest in the strategy will be limited due to a lack of available liquid assets.

The value of your investment may fluctuate, past performance is no guarantee for the future. Past performance does not predict future returns