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Qilimanjaro Quantum Tech closes €19.6M Series A led by Indra and Spain's SETT to scale quantum computing. The Catalan firm plans to reach €50M by year-end.
Amount Raised
€19.6 Million
Round Type
Series A
Investors
Description
Qilimanjaro Quantum Tech announced an initial closing of its Series A funding round valued at €19.6 million. Defense giant Indra invested €10 million through its IndraMind initiative, while Spain's SETT (investment vehicle of the Ministry for Digital Transformation) added €9.6 million to increase its stake. The company targets up to €50 million for the full Series A round, expecting completion by year-end with participation from Avançsa and other investors. The funds will support scaling and industrializing quantum computers, developing new chip generations, and expanding manufacturing capacity.
Fundz sees it the moment Qilimanjaro Quantum Tech raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansQilimanjaro Quantum Tech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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