Spain's full-stack quantum computing company Qilimanjaro Quantum Tech completes €19.6 million Series A first close

Qilimanjaro Quantum Tech, Spain’s only full-stack quantum computing company, has announced the first close of its Series A funding round at €19.6 million.

The round was led by Indra Group through IndraMind, its sovereign artificial intelligence initiative, with a €10 million investment.

“Quantum computing will mark a decisive leap in the evolution of artificial intelligence and its ability to solve highly complex problems.

Qilimanjaro Quantum Tech was founded in Barcelona in 2019 as a spin-off of IFAE, BSC and the University of Barcelona by Dr. Pol Forn Díaz, Dr. Victor Canivell, Dr. José Ignacio Latorre, Jordi Blasco, and Dr. Artur Garcia Sáez.

Together, we are joining forces to bring quantum computing closer to strategic industrial sectors and to ensure that the quantum technology being built in Spain continues to grow in Spain,” said Marta P. Estarellas, CEO of Qilimanjaro Quantum Tech.