eleQtron raises €57 million in Series A funding
The German quantum computing scale-up aims for global reach and industrial leadership.
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Ion-trap quantum computer developer and operator
eleqtron.comLast updated
In short: eleQtron secured €57 million in Series A funding and advanced its trapped-ion quantum technology through key partnerships and scaling.
The German quantum computing scale-up aims for global reach and industrial leadership.
The investment will fund scaling production, cloud access, and MAGIC technology advancement.
The company develops trapped-ion quantum processors using microwaves and will expand its modular chip technology.
They highlight €57 million Series A as one of the largest in quantum computing worldwide and a signal for industrial application.
The Schwarz Group is investing millions in the German quantum startup Eleqtron. There's more behind it than just a tech investment.
Tamara Djurickovic / Tech.eu: Germany-based eleQtron, which develops trapped-ion quantum computing processors using proprietary tech, raised a €57M Series A led by Schwarz Digits...
In the competition to see who manages to transfer research around quantum computers into commercial products, a ...
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