Munich-based Peak Quantum has secured €2.2 million in pre-seed funding, led by Cloudberry Ventures, to advance its error-resilient superconducting quantum processor technology. This capital will support the development of their unique qubit architecture and the establishment of a European pilot manufacturing line, for which Peak Quantum has been selected to operate under the EU Chips Act. Including public support, the company's total funding now surpasses €5 million.
Amount: $2.2M