Groove Quantum Secures €16 Million ($18.7M USD) to Scale Germanium Spin-Qubits; Debuts 18-Qubit Processor

Groove Quantum Secures €16 Million ($18.7M USD) to Scale Germanium Spin-Qubits; Debuts 18-Qubit Processor

Groove Quantum, a spin-out from the Delft University of Technology (TU Delft) has secured €16 million ($18.7M USD) in combined equity and grants to accelerate the development of its germanium-based quantum processors. Alongside the funding, the company unveiled an 18-qubit semiconductor spin-qubit processor, currently the largest of its kind. The funding included a €10 million [...] The post Groove Quantum Secures €16 Million ($18.7M USD) to Sca…

Dutch quantum startup Groove Quantum raises €16 million to advance scalable chip manufacturing

Groove Quantum, a Delft-based quantum computing startup developing scalable germanium spin-qubit processors, has raised €16 million in combined funding and unveiled an 18-qubit semiconductor spin-qubit processor, which the company says is the largest of its kind ever built. The round includes €10 million in equity co-led by Innovation Industries and 55 North, with participation from Verve Ventures and the European Innovation Council Fund. The re…

Groove Quantum raises €16M, unveils the world's largest semiconductor spin-qubit processor

Groove Quantum, a Delft-based quantum computing startup spun out of QuTech in 2024, has raised €16 million in combined funding and unveiled an 18-qubit germanium spin-qubit processor, which the company says is the largest semiconductor quantum processor ever built. The round combines €10 million in equity, co-led by Innovation Industries and 55 North, with participation from Verve Ventures and the European Innovation Council Fund, alongside €6 m…