QuantumG1

Generation One of Quantum Begins Here

Breaking

Quantinuum Breaks Error-Correction World Record by 10x US Dep’t of Commerce awards nine quantum computing companies $2bn in exchange for non-controlling equity stakes ORCA Computing launches PT-3, the first quantum computer built for commercial quantum advantage IBM, IonQ, Diraq, and Atom Computing advance to DARPA’s quantum hardware testing stage Elisity announces acquisition by IonQ to advance Zero Trust for the quantum era IonQ shares fall as quantum computing group agrees $1.3bn cybersecurity deal Pentagon Announces $350M For Quantum Computing Korea Quantum Computing (KQC) to Go Public on Nasdaq via $80 Million SPAC Merger with Charlton Aria IonQ shares rise after major quantum computing breakthrough Microsoft to give DARPA hands-on access to quantum system at new Maryland site US government could take equity stake in quantum computing firms US government could take equity stake in quantum computing firms - report Anderon Finalizes $1 Billion CHIPS Act Award D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100M U.S. Government Backs D-Wave, Rigetti, And Quantinuum With $300 Million In CHIPS Act Funding Quantinuum Finalizes $100M CHIPS Funding Agreement for Trapped-Ion Quantum Computing Rigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&D Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum Computing Rigetti Wins $100M From US Government For Quantum R&D D-Wave Finalizes $100M U.S. Government Agreement for Quantum Computing R&D Quantinuum Breaks Error-Correction World Record by 10x US Dep’t of Commerce awards nine quantum computing companies $2bn in exchange for non-controlling equity stakes ORCA Computing launches PT-3, the first quantum computer built for commercial quantum advantage IBM, IonQ, Diraq, and Atom Computing advance to DARPA’s quantum hardware testing stage Elisity announces acquisition by IonQ to advance Zero Trust for the quantum era IonQ shares fall as quantum computing group agrees $1.3bn cybersecurity deal Pentagon Announces $350M For Quantum Computing Korea Quantum Computing (KQC) to Go Public on Nasdaq via $80 Million SPAC Merger with Charlton Aria IonQ shares rise after major quantum computing breakthrough Microsoft to give DARPA hands-on access to quantum system at new Maryland site US government could take equity stake in quantum computing firms US government could take equity stake in quantum computing firms - report Anderon Finalizes $1 Billion CHIPS Act Award D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100M U.S. Government Backs D-Wave, Rigetti, And Quantinuum With $300 Million In CHIPS Act Funding Quantinuum Finalizes $100M CHIPS Funding Agreement for Trapped-Ion Quantum Computing Rigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&D Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum Computing Rigetti Wins $100M From US Government For Quantum R&D D-Wave Finalizes $100M U.S. Government Agreement for Quantum Computing R&D

Funding

Qilimanjaro Quantum Tech announces a nearly €20 million first close of its Series A, led by Indra Group

By QilimanjaroOctober 14, 2026

AI Summary

Qilimanjaro Quantum Tech raised €19.6 million in a Series A round led by Indra Group to industrialize its quantum computing hardware.

Barcelona-based Qilimanjaro Quantum Tech has successfully completed a €19.6 million first close of its Series A funding round. The investment was led by the Indra Group through its investment arm, IndraMind, which contributed €10 million to the total.

The new capital is earmarked for scaling and industrializing the company's quantum computers. Qilimanjaro plans to use the funds to advance the development of next-generation quantum chips and expand its overall manufacturing and deployment capacity.

This investment is seen as a significant step toward strengthening Spain's technological capabilities and fostering greater European autonomy in the quantum sector. The company expects to finalize the remainder of the funding round in the final quarter of 2026 with participation from Avançsa and other existing investors.

funding

Series A

Europe

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