Garching-based Peak Quantum, a quantum hardware company developing superconducting quantum processing units (QPUs), has raised over €5 million in total funding, including a €2.2 million pre-seed round led by Cloudberry Ventures with participation from United Founders, QAI Ventures, Golden Egg Check, and angel investors, alongside public support linked to the EU Chips Act.
- Peak Quantum was founded in 2024 as a spin-off from the Walther-Meißner-Institute and develops superconducting quantum processing units (QPUs) designed to reduce errors at the physical level of the qubit.
- Its approach focuses on embedding error suppression directly into the superconducting chip architecture by engineering qubits that are less sensitive to environmental noise and operational imperfections.
- This reduces error rates at the hardware level rather than relying primarily on software-based quantum error correction, where large numbers of physical qubits are typically used to form fewer logical qubits.
"That is exactly what we are doing at Peak Quantum. We are not only designing quantum processors with built-in error protection, we are building the industrial infrastructure to fabricate them, in Europe, at scale. The chips that power tomorrow's quantum computers should not all come from abroad, and with the right commitment, they will not have to," explains Thomas Luschmann, co-founder of Peak Quantum.
- The company’s goal is to lower qubit overhead and simplify system complexity by improving stability at the device level. It is also working toward establishing a pilot manufacturing line in Europe to transition its designs from research prototypes into scalable quantum chip production, positioning its technology at the intersection of quantum device physics and semiconductor-style industrial fabrication.
Details of the deal
- Peak Quantum will accelerate the development of its error-resilient superconducting quantum processors, expand its technical team in Munich, and support the setup and scaling of a European pilot manufacturing line for quantum chips under the EU Chips Act, with the goal of moving from research-focused prototypes toward scalable, industrially produced quantum hardware.
