capital · May 18, 2026
Groove Quantum Raises €16M and Claims Largest Semiconductor Spin-Qubit Processor
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Groove Quantum secured €16 million in funding and unveiled an 18-qubit germanium spin-qubit processor on April 30, 2026. The round includes €10 million in equity co-led by Innovation Industries and 55 North with additional backing from Verve Ventures and the European Innovation Council Fund. Groove Quantum is a Delft-based company developing scalable semiconductor-based quantum computers. The 18-qubit processor is the largest semiconductor quantum processor built to date according to the company.
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