eleQtron, a German deep-tech company developing trapped-ion quantum computers, announced a €57 million Series A round led by Schwarz Digits, with participation from EIC Fund, Earlybird, Ankaa Ventures, Precitec, NRW.BANK, and IFB Innovationsstarter.
The funding ranks among the largest Series A rounds in quantum computing and supports industrial scaling, cloud deployment, and continued development of eleQtron’s hardware platform.
Technology and Commercial Progress
eleQtron develops trapped-ion quantum systems powered by proprietary MAGIC technology, enabling precise control through microwave-based approaches. The company has secured an order backlog exceeding €54 million, demonstrating early commercial traction.
“Quantum computing is transitioning from a research-driven technology to an industrially usable infrastructure. With this funding, we are accelerating that transition and building systems that will solve real-world industrial problems,” said Jan Henrik Leisse, CEO and Co-founder of eleQtron.
Industrial Scaling and Market Position
Founded in 2020, eleQtron focuses on transitioning quantum computing from research to industrial application. The new capital will support production scale-up and expand access to systems via cloud platforms, positioning the company as a provider of scalable quantum infrastructure.
“Digital sovereignty is a top priority for us and our partners. Following our strategic decisions in the areas of cloud and artificial intelligence, the investment in eleQtron is a logical building block. We want to ensure that we remain independent in key technologies and actively shape forward-looking, secure IT infrastructures right here in Germany,” said Christian Müller, Co-CEO of Schwarz Digits.
Investor Perspective
“eleQtron combines a clearly differentiated technology with a compelling approach to scaling and commercializing quantum computing. In particular, the combination of proprietary technology and cloud-based access demonstrates how research can translate into real-world applications. We are excited to continue supporting the company in its next phase of growth,” said Dr. Hendrik Brandis.
“Quantum computing is entering a crucial phase of industrialisation. Companies such as eleQtron, which combine scientific excellence with a clear focus on scalable systems, are key to translating Europe’s strengths into globally competitive technologies,” said Svetoslava Georgieva.