Series A first close · Hardware

Qilimanjaro closes €19.6 million in first Series A tranche

Indra Group and SETT backed the Barcelona quantum-computing company.

Qilimanjaro Quantum Tech announced a €19.6 million first close on October 14. Indra Group invested €10 million through IndraMind, while Spain’s SETT contributed €9.6 million. The company expects a further close later in 2026.

The financing will expand manufacturing and deployment capacity and support new chip generations. Qilimanjaro develops complete quantum systems that combine superconducting processors with classical computing.

Use of funds

Quantum computer industrialisation

Chip development

Manufacturing capacity

Funding history

Series A first close · This round€19.6M

Sources

  1. Qilimanjaro Quantum Tech financing announcementqilimanjaro.tech · Oct 14, 2026
  2. Spain’s full-stack quantum computing company Qilimanjaro Quantum Tech completes €19.6 million Series A first closeeu-startups.com · Oct 14, 2026