Company Name | Fund Raised | Led By | CEO/Co-Founder | Valuation |
Terra Quantum | $60M | Lakestar | Markus Pflitsch | $800M+ |
Swiss Terra 60M Series Lakestarpalmersifted
Quantum-as-a-Service, Swiss-based Terra Quantum raised $60 million led by Lakestar in series A. CEO Markus Pflitsch said that the raised funds will be used on R&D of product and global expansion.
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Moreover, Terra Quantum helps customers to use the quantum tech area for pattern recognition. Also, Terra Quantum provides QKD solutions to customers with QKD Solutions users can use high-performing logical qubits with neural networks.