Delft Circuits has announced the appointment of Martin Danoesastro as Chief Executive Officer, and an €8 million extension of the company’s previous financing round, bringing the total capital raised to €15 million.
The appointment comes during a period of strong momentum for Delft Circuits, marked by new partnerships, expanded production capacity, and advancements in product R&D. Recent milestones include the publication of a next-generation product roadmap and a partnership with Bluefors to offer quantum I/O solutions integrating Delft Circuits’ Cri/oFlex technology into Bluefors’ dilution refrigerators.
“I’m excited to join Delft Circuits as CEO at this key inflection point,” said Danoesastro. “As quantum systems scale, traditional I/O cabling can no longer meet customer needs for performance, reliability, and scalability. Delft Circuits’ Cri/oFlex offers a proven, fully scalable solution for advanced quantum systems with hundreds or even thousands of qubits. I’m thrilled to be leading this team and accelerating our growth as we continue to strengthen our position as the category leader.”
Danoesastro joins Delft Circuits after more than 25 years at Boston Consulting Group (BCG), where he held senior leadership roles including Regional Lead for DigitalBCG across Western Europe, South America, and Africa, as well as Global Lead for Enterprise Agility. He holds an MSc in Applied Physics from TU Delft, where he conducted research on quantum dots in cryogenic environments.
“Martin’s combination of leadership experience and technical understanding makes him the ideal executive to take our company into its next phase of global growth,” added Sal Jua Bosman, Co-Founder of Delft Circuits. Delft Circuits has also extended its Series A financing, bringing total funding raised to €15 million. This most recent round has come from existing shareholders DeepTech XL, High Tech Gründerfonds (HTGF) and QuVest, with additional funding from new investors Paeonia Group and Waves Capital Partners. Singapore-based Paeonia also brings a strong network in Asia which will be key for cultivating the company’s expansion in the region.
Co-Founder Daan Kuitenbrouwer also added: “The timing of Martin’s appointment is perfect, as he can now deploy the resources from our recent raise to accelerate the company’s expansion. This is our moment to scale and build on the head start we’ve established in our industry.”
The company will use its additional capital to strengthen its team with key technical hires, further expand manufacturing capacity, accelerate product innovation and increase commercial operations. Both Sal Jua Bosman and Daan Kuitenbrouwer will continue to play a key role in the strategic, R&D and innovation functions within the company. Preparations for raising a Series B round in 2026 are underway.
