How much funding has Eleqtron raised?

Eleqtron has raised $79.8M in total funding, most recently a Series A round.

Who are Eleqtron's investors?

Eleqtron's investors include Earlybird Venture Capital.

Where is Eleqtron headquartered?

Eleqtron is headquartered in Siegen, Germany.

What industry is Eleqtron in?

Eleqtron operates in Artificial Intelligence.

Eleqtron

Quantencomputing aus Deutschland

Siegen, Germany · Founded 2020 · $79.8M raised

Artificial Intelligence

Headquarters: Siegen
Employees: 51–200
Founded: 2020
Business Model: B2B

Website: eleqtron.com
Total Funding: $79.8M
Last Round: $62.0M Series AMay 2026
Rounds: 2

About

eleQtron is a German quantum computing hardware company developing and operating trapped-ion quantum computers using its proprietary MAGIC (Magnetic Gradient Induced Coupling) technology. Founded in 2020 as a spin-off from the Department of Quantum Optics at the University of Siegen, eleQtron's microwave-controlled qubit architecture is more precise, robust, and scalable compared to laser-based qubit control. The company sells quantum computer access to commercial enterprises, research institutions, and government agencies — with major orders from the German Aerospace Center (DLR) and Forschungszentrum Jülich. eleQtron has grown to over 90 international experts and has secured more than €50 million in order volume, with investors including Earlybird Venture Capital.

Summary

Eleqtron is an Artificial Intelligence company based in Siegen, Germany, founded in 2020. It has raised $79.8M in total across 2 rounds, most recently a $62.0M Series A round in May 2026. Investors include Earlybird Venture Capital.