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Groove Quantum Raises $18.8M Seed Round

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The race for scalable quantum computing just got a new infusion of capital, with Groove Quantum securing $18.8M in seed funding. The startup is developing a quantum processor rooted in a semiconductor, germanium qubit platform, aiming to enable significant quantum advantages through its unique approach to scalability.

Groove Quantum originates from QuTech in Delft, a world-leading quantum research institute, and maintains close ties to the vibrant Delft quantum ecosystem, providing a strong foundation for its pioneering work.

Sifted exclusive: Groove Quantum has raised a €16m seed round to build spin-qubit quantum computers based on germanium, a standard material used in semiconductor manufacturing. The company's bet is that it can leverage existing infrastructure for chipmaking to scale the technology at pace.

“Germanium is already integrated in classical technologies,” says cofounder Anne-Marije Zwerver. “We are changing the process design kits (PDKs) slightly but we’re using the same processes, the same steps, the same foundries and the same pilot lines.” Read more here: https://lnkd.in/e97Wmwqn

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