Quantum

Qilimanjaro Quantum Tech Announces Nearly €20 Million First Close of Series A Led by Indra Group

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 14/10/2026, 12:20:28 UTC.

Briefings

Qilimanjaro Quantum Tech completed its first Series A close in October 2026, raising €19.6 million (approx. $22 million USD) led by Indra Group through IndraMind with €9.6 million from Spain's SETT. The company, founded in 2019 in Barcelona, has deployed eight quantum systems including three integrated with the Barcelona Supercomputing Center. CEO Marta P. Estarellas and General Manager Ignacio Martínez highlighted the investment as a key step toward industrializing quantum computing and strengthening European technological autonomy. The round is expected to conclude in the fourth quarter, with Avançsa and other investors participating.

Key points

• Qilimanjaro Quantum Tech raised €19.6 million in its first Series A funding round in October 2026, led by Indra Group through IndraMind.
• The company has deployed eight quantum systems, with three integrated into the Barcelona Supercomputing Center, and plans to complete the funding in the fourth quarter.

Context and limitations

Evidence covers only the first close of the Series A round; specific details on future funding rounds, exact deployment timelines for new systems, or long-term commercial performance remain unverified.

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