eleQtron secures €57 million Series A with Earlybird
The investment will fund scaling production, cloud access, and MAGIC technology advancement.
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Ion-trap quantum computer developer and operator
eleqtron.comLast updated
In short: eleQtron secured a major €57 million Series A funding round to scale its MAGIC technology and industrialize trapped-ion quantum computing.
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.
Julia, previously Executive Vice President, will drive growth strategy, fundraising, partnerships, and market development in quantum computing. She brings expertise from founding, CEO roles, and venture capital.
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...
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