Munich-based start-up PeakQuantum closed a 2.2 million euro pre-seed round, led by Cloudberry Ventures and including United Founders, QAI Ventures, and business angels. This brings the company’s total funding to over five million euros, including public funding from the EU Chips Act. The funds will be used to further develop superconducting quantum processor technology and establish a European pilot production facility.
PeakQuantum was founded in 2024 by the research group of Prof. Stefan Filipp at the Walther Meißner Institute, a leading center for quantum research in Europe. The team has expertise in areas ranging from chip development and manufacturing to integration into quantum systems. As part of Munich Quantum Valley, PeakQuantum bridges the gap between science and industry with support from UnternehmerTUM, a leading European innovation center in Munich.
Find the full press release here [German].