Groove Quantum, a company specializing in germanium-based quantum computing, has received €10M funding through the European Innovation Council (EIC) Accelerator programme. This funding includes a €2.5M grant. Groove was chosen from 1,000 candidates as one of 40 deeptech startups. The funding helps increase qubit counts while keeping fidelities, aimed at practical applications in quantum computing. The EIC Accelerator aids SMEs in growing innovations through financial support and business development resources. Groove was founded in 2024 to tackle scalability in quantum computing using germanium qubits, designed for integration with existing semiconductor technologies.
The EIC selected Groove from 1,000 applicants as one of 40 deeptech startups to receive funding in Europe. The evaluation jury described Groove's germanium qubits as 'a standout in a crowded field.'
The funding will enable Groove to increase qubit counts while maintaining current fidelities, with the goal of advancing quantum computing toward practical applications.
The EIC Accelerator supports Small and Medium Enterprises (SMEs), providing grants up to €2.5M and equity investments ranging from €0.5M to €15M.
Founded in 2024 by Anne-Marije Zwerver and Nico Hendrickx, GROOVE Quantum develops germanium quantum technology to address quantum computing scalability challenges.
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