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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.

PRIVATEOct 14, 2026

Amount Raised

€19.6 Million

Round Type

Series A

BarcelonaSoftware

Investors

SETT (Spanish Society for Technological Transformation)IndraMindIndra

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.

Company Information

Company

Qilimanjaro Quantum Tech

Location

Barcelona, Catalonia, Spain

About

Qilimanjaro Quantum Tech is a Catalan quantum computing company and the only Spanish full-stack quantum computing company with the capacity to develop chips, software, and algorithms. The company operates quantum systems at the Barcelona Supercomputing Center and works with clients in strategic sectors including telecommunications, energy, and finance. With 80 employees, Qilimanjaro is among European leaders in quantum computing technology.

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Predictive Intelligence
Strategic

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Qilimanjaro 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.