XeedQ

XeedQ is a Germany-based deep tech company specializing in quantum computing technology using diamond-based spin qubits. The company produces XQ1, a multi-qubit mobile, solid-state, robust, compact, and energy-efficient quantum processor for mass markets, designed to function without any artificial conditions. 

XeedQ's quantum computer uses a tiny artificial diamond with embedded nitrogen atoms. These nitrogen atoms create specific defects in the diamond, which serve as the qubits of the computer. Additionally, the spins of other atoms around these defects can be manipulated to act as extra qubits.

The company, along with the DLR Innovation Centre, has developed Frankfurt, Germany’s first quantum computer named “Baby Diamond.” The system was slated to be delivered in Q1 2024 to be placed in the Bockenheim University campus. 

Funding and Financials

XeedQ received a grant of EUR 30 million (USD 31.9 million) in December 2022 from the Quantum Computing Initiative of the German Aerospace Center (DLR) to develop a 32-qubit scalable quantum computer by 2026.