When was Terra Quantum founded?

Terra Quantum was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Terra Quantum located?

Terra Quantum is headquartered in St. Gallen, Switzerland.

Who is the current CEO of Terra Quantum?

Markus Pflitsch of Terra Quantum.

How many employees does Terra Quantum have?

As of Mar 31, 2026, the latest employee count at Terra Quantum is 85.

Is Terra Quantum a funded company?

Terra Quantum is a funded company, having raised a total of $85.9M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2019.

When was the latest funding round of Terra Quantum?

Terra Quantum's latest funding was a $***** Grant (prize money) round on Aug 06, 2024, with participation from 1 investor.

Where does Terra Quantum rank among its competitors?

Terra Quantum ranks 2nd amongst 105 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Aliro Technologies, which secured $15M in Feb, 2026.

Who are the top competitors of Terra Quantum?

Terra Quantum's top competitors include Aliro Technologies, QMill and QuNorth. Among them, Aliro Technologies secured the most recent funding round in February, 2026.

Terra Quantum - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of quantum as a service platform. It develops quantum computing applications. It works on quantum cryptography, quantum computing, machine learning, artificial intelligence, MRI scanner, software, and hardware development.

Website: terraquantum.swiss
Social
Email ID: *****@terraquantum.ch
Phone Number: +41 **********

Key Metrics

Founded Year

2019

Location

St. Gallen, Switzerland

Stage

Series A

Total Funding

$85.9M in 5 rounds

Latest Funding Round

Grant (prize money), Aug 06, 2024, $*****

Investors

Lakestar & 2 more

Ranked

2^nd among 105 active competitors

Employee Count

85 as on Mar 31, 2026

Investment & Acquisitions

Divis intelligent solutions

Similar Companies

Aliro Technologies & 122 more

View Terra Quantum's full profile

Terra Quantum is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Terra Quantum GmbH CIN: D2601_HRB277091 , Germany, Active	Jun 22, 2022	-	-
Terra Quantum Ag CIN: 1402592 , Switzerland, Active	Jan 24, 2023	-	-	-

Terra Quantum has raised a total funding of $85.9M over 5 rounds. Its first funding round was on 2019. Its latest funding round was a Grant (prize money) round on Aug 06, 2024 for $*****. 1 investor participated in its latest round. Terra Quantum has 3 institutional investors.

Here is the list of recent funding rounds of Terra Quantum:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 06, 2024	7749023	Grant (prize money)	1479390	5209714	1073075	7049195
Feb 09, 2023	1923002	Series A	8956089	5212333	2751839	7096217
Jan 20, 2022	9995681	Series A	4078885	6697369	Lakestar	2113627

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View details of Terra Quantum's funding rounds and investors

The founders of Terra Quantum are Karl Eckstein and Markus Pflitsch.

Here are the details of Terra Quantum's key team members:

Karl Eckstein: Co-Founder of Terra Quantum and founder of 1 other company.
Markus Pflitsch: Co-Founder & CEO of Terra Quantum and founder of 1 other company.

View details of Terra Quantum's Founder profiles and Board Members

Terra Quantum's employee count trend

Terra Quantum has 85 employees as of Mar 26. Here is Terra Quantum's employee count trend over the years:

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Top competitors of Terra Quantum include Aliro Technologies, QMill and QuNorth. Here is the list of Top 10 competitors of Terra Quantum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aliro Technologies 2019, Boston (United States), Series B	Provider of cloud-based platform to access quantum computers	$17.7M	Leaders Fund, Accenture & 11 others	63/100
2nd	Terra Quantum 2019, St. Gallen (Switzerland), Series A	Provider of quantum as a service platform	$85.9M	Lakestar, Investcorp & 1 others	61/100
3rd	QMill 2024, Espoo (Finland), Seed	Provider of quantum computing solutions	$4.5M	Maki, Kvanted & 1 others	48/100
4th	QuNorth 2025, Hellerup (Denmark), Series C	Operator of a quantum computer providing access to quantum technology	$93M	Danmarks Eksport og Investeringsfond, Novo Nordisk Foundation ... Read more	33/100
5th	PlanQK 2020, Berlin (Germany), Acquired	Provider of quantum computing-as-a-service	-	-	30/100
6th	PrenishQ 2022, Delhi (India), Funding Raised	Developer of custom lasers, optics, electronics, and automation for quantum computing	-	FITT, I-HUB Quantum Technology Foundation	29/100
7th	q99 2023, Palo Alto (United States), Unfunded	AI based quantum as a service platform	-	-	27/100
8th	QuantumLeap 2020, Tel Aviv (Israel), Deadpooled	Provider of services platform for quantum computing	-	SigmaLabs, Sarona Ventures	25/100
9th	JoS QUANTUM 2018, Frankfurt Am Main (Germany), Unfunded	Developer of quantum and AI algorithms, and related security solutions	-	-	25/100
10th	Dynex 2024, Balzers (Liechtenstein), Unfunded	Provider of quantum computing solutions	-	-	24/100