European Startup planqc Raises €50 Million to Lead in Quantum Computing Technology
European Startup planqc Secures €50 Million Series A Funding for Quantum Computing Technology
(Munich, Germany) — European startup planqc has announced the successful securement of €50 million financing for its digital atom-based quantum computing technology. This significant Series A investment round is led by the European Family Office CATRON Holding and the DeepTech & Climate Fonds (DTCF), and includes support from Bayern Kapital, the Max-Planck Foundation, and several other private investors. planqc's CEO, Alexander Glätzle, highlighted the investment as a strong endorsement of their technology in the quantum computing market.
Key Points:
- €50 million Funding: planqc secures substantial Series A funding to support its quantum computing technology.
- Investors: European Family Office CATRON Holding, DeepTech & Climate Fonds (DTCF), and other partners provide financial backing.
- Market Positioning: planqc aims to compete globally with its 'Made in Germany' quantum computers in the emerging multi-billion-euro market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.