capital · May 18, 2026
Groove Quantum Raises €16M to Advance Scalable Chip Manufacturing
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Groove Quantum raised €16 million in combined funding on April 30, 2026 and unveiled an 18-qubit germanium spin-qubit processor. The equity seed round of €10 million was co-led by Innovation Industries and 55 North with participation from Verve Ventures and the European Innovation Council Fund. Groove Quantum develops scalable germanium spin-qubit processors as a spin-out from QuTech at TU Delft. Dr. Anne-Marije Zwerver, CEO and co-founder of Groove Quantum, stated the company builds technology for global commercial scale.
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