Quantum Computing startups in Central Europe
There are 39 Quantum Computing startups in Central Europe which include Terra Quantum, ID Quantique, SEALSQ, Qnami, ParityQC. Out of these, 15 startups are funded, with 5 having secured Series A+ funding.
Over the past 10 years, an average of 3 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of California (Berkeley).
Here is the list of top Quantum Computing startups in Central Europe
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.
Key facts about Terra Quantum
- Founded Year: 2019
- Location: Rorschach (Switzerland)
- Stage: Series A
- Total Funding till date: $85.9M
- Investors: Lakestar, Investcorp and 1 Other
- Latest Funding Round: Grant (prize money), Aug 06, 2024, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 2 of 128 Competitors
2. ID Quantique
IDQ is a provider of network and data encryption solutions. It provides network encryption solutions for the protection of data in transit. It supports up to 100Gbps on local and SAN for data center interconnect meshed global WAN networks. It uses algorithms and quantum key generation and quantum key distribution for the long-term protection of sensitive data.
Key facts about ID Quantique
- Founded Year: 2001
- Location: Geneva (Switzerland)
- Stage: Acquired
- Total Funding till date: $10.8M
- Investors: Quantum Wave Fund, SK Telecom and 7 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2021, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 3 of 175 Competitors
3. SEALSQ
Key facts about SEALSQ
- Founded Year: 2022
- Location: Cointrin (Switzerland)
- Stage: Public
- Latest Funding Round: Post IPO, Jan 11, 2024, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 5 of 88 Competitors
4. Qnami
Developer of quantum-based scanning probe microscopic equipment. It uses quantum mechanics to control the state of a single electron using which it measures the electric and magnetic fields. The company uses diamond-based nanosensors to provide applications in superconductivity, microwave imaging, magnetic nanomemories, and antiferromagnetic RAM.
Key facts about Qnami
- Founded Year: 2016
- Location: Muttenz (Switzerland)
- Stage: Series A
- Total Funding till date: $7.19M
- Investors: Runa Capital, Quantonation and 9 Others
- Latest Funding Round: Series A, May 11, 2021, $*****
- Tracxn Score: 39/100 What is this?
- Competitors Rank: 12 of 108 Competitors
5. ParityQC
ParityQC provides an instruction set and layout for quantum chips. It provides traffic and logistics, finance and portfolio management, machine learning chip, layout design chip, chemistry simulation, and car-sharing software applications industry, service sector, or science. It owns various patents regarding quantum computing.
Key facts about ParityQC
- Founded Year: 2020
- Location: Innsbruck (Austria)
- Stage: Seed
- Investors: B&C Group and IECT
- Latest Funding Round: Seed, Apr 16, 2024, $*****
- Tracxn Score: 42/100 What is this?
- Competitors Rank: 4 of 13 Competitors
