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Qilimanjaro Quantum Tech is advancing its industrialization efforts by leveraging fluxonium superconducting qubits, which offer superior coherence times and noise resilience compared to standard transmon architectures. This €19.6 million Series A funding specifically targets the scaling of chip fabrication and the deployment of hybrid quantum-classical systems designed for defense AI and secure communications workloads. The move underscores a strategic shift toward sovereign quantum infrastructure in Europe, integrating analog QPUs with classical HPC to solve complex optimization problems.
Source coveringQuantum Computing Report
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Qilimanjaro Secures €19.6 Million ($21.9 Million USD) Series A First Close to Industrialize Multimodal Fluxonium Systems

Quantum Computing Report2 min read

Qilimanjaro Quantum Tech secured €19.6 million in Series A funding from Indra Group and SETT to industrialize multimodal fluxonium quantum systems. This investment will accelerate manufacturing, chip fabrication, and commercial deployment of their quantum platforms, which utilize fluxonium superconducting qubits for improved performance. The funding also highlights growing European defense interest in quantum-accelerated AI and secure communications. The post Qilimanjaro Secures €19.6 Million ($21.9 Million USD) Series A First Close to Industrialize Multimodal Fluxonium Systems appeared first on Quantum Computing Report.

Spanish quantum hardware vendor Qilimanjaro Quantum Tech has completed a €19.6 million ($21.9 million USD) first close of its Series A funding round. The investment combines defense industrial capital…

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