Full-Stack Quantum Computing Startup Qilimanjaro Raises €19.6M Series A - WOWTALE

Funding Rounds

▤ Summary

Qilimanjaro Quantum Tech closed a €19.6 million first tranche of its Series A round. Indra Group led the round through IndraMind, and Spain’s SETT renewed its support with additional capital. The company will use the money to scale and industrialize its quantum computers, develop new chips, and expand manufacturing and deployment capacity. Qilimanjaro builds full-stack quantum systems in-house and already runs systems in live supercomputing environments for customers across multiple industries.

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Amount $21 Total raised
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Date October 14, 2024 Announcement date
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Investors - Lead investors
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Company qilimanjaro.tech Funded company

◇ AskAI Classifications

Sectors
No sectors detected
Functions
Developer and IT Infrastructure Development Platforms

▦ Linked Companies

Qilimanjaro
$5M to $10M