QuantWare hires Galapagos veteran Bart Filius as CFO after $178M raise
What's the deal? QuantWare has appointed Bart Filius as chief financial officer and added him to its board. The Delft-based quantum processor maker brings in Filius as it expands production following US$115.2M Series B round, which it describes as the largest private funding round for a dedicated quantum processor company.
Who is he? Filius joins from Galapagos, where he spent nearly nine years in senior roles including chief financial officer, chief operating officer, and president. There he oversaw the company's Nasdaq initial public offering and led negotiations on US$3.24B research and development collaboration with GileadDealroom has a profile for this one. Try Dealroom →. Before that, he spent 13 years at SanofiDealroom has a profile for this one. Try Dealroom →, serving as CFO of Sanofi EuropeDealroom has a profile for this one. Try Dealroom → and vice president of mergers and acquisitions.
What does QuantWare do? Founded in 2021 as a spinout from QuTechDealroom has a profile for this one. Try Dealroom → at TU DelftDealroom has a profile for this one. Try Dealroom →, it designs, fabricates, and integrates quantum processors based on its VIO architecture for superconducting qubits. It says it has shipped more quantum processors than any other commercial supplier, serving more than 50 customers across 20 countries. Backers include Intel Capital and IQTDealroom has a profile for this one. Try Dealroom →.
Why now? QuantWare is building KiloFab, an industrial-scale fabrication facility in the Netherlands. The move marks a shift from research-led development to larger-scale manufacturing and broader commercial sales — a stage that will require long-term research spending, heavy capital investment, and partnerships with major technology companies.
What they're saying: "Bart is a true leader who knows what it is like to build a hypergrowth company, through good times and challenging ones," said chief executive officer and co-founder Matt Rijlaarsdam.
For Filius, the move marks a shift from listed biotech to a privately held quantum hardware company. "What attracted me most was the scale of the vision and the energy of the team pursuing it," he said.
The signal: Bringing in a finance chief with IPO and dealmaking experience suggests QuantWare is preparing for the capital-intensive, public-market stage of quantum computing, where companies must scale production while proving commercial demand.
Read more: cfotech.com.au
Image credit: Generated with Gemini