Post by TUM Venture Labs
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Success of the week! Peak Quantum has secured €2.2 million in pre-seed funding, bringing its total to over €5 million. This is an important step in its journey to make quantum hardware work beyond the laboratory! What they do? The team is working on a challenge that sits at the core of #quantumcomputing! Not just increasing the number of qubits, but making them reliable enough to be used in real systems. Emerging from #research at the Technical University of Munich and the Walther Meißner Institute, Peak Quantum is taking a different approach. ➡️ Instead of correcting errors later, they design qubits where error resistance is built directly into the hardware itself. It is a shift that simplifies the system and brings practical applications of #quantum closer. With the new funding, led by Cloudberry Ventures and supported by a strong group of investors, the focus now moves toward scaling this technology and building a European pilot line for superconducting #quantum chips by: 1️⃣ → Advancing error resistant quantum processors 2️⃣ → Building infrastructure for chip production in Europe 3️⃣ → Enabling industrial use cases across sectors The team has also been selected to operate the SUPREME pilot line under the EU Chips Act, contributing to a broader effort to establish quantum hardware capabilities in Europe❗ Their journey, shaped within our Quantum and Semicon Lab ecosystem and supported along the way by UnternehmerTUM, reflects what it takes to move from research to real industrial application! Congratulations to the team around Leon Koch, Alexander Schult, Thomas Luschmann, Max Werninghaus, Ivan Tsitsilin, and Kedar Eshwar Honasoge on this milestone 💪 👏 We are looking forward to what comes next as they continue building in #deeptech and #quantum!