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 .
