eleQtron Secures €57 Million in Series A Funding Round

Insider Brief

• eleQtron raised €57 million in a Series A round to scale its trapped-ion quantum computing technology, signaling growing momentum toward industrial commercialization in the sector.
• The funding — led by Schwarz Digits with participation from the European Innovation Council and multiple venture and institutional investors — positions the company among Europe’s more prominent quantum players.
• The company plans to expand production, cloud access, and its MAGIC control technology while leveraging a €54 million order backlog that indicates early commercial demand for its systems.
• Image: eleQtron leadership team — Jan Henrik Leisse, CEO and Michael Johanning, CTO. (sichtplan)

PRESS RELEASE — Deep-tech company eleQtron, a developer of trapped-ion quantum computers, has successfully closed a €57million Series A funding round.

This funding round marks a significant step towards the industrial scaling of eleQtron’s technology and underscores the growing momentum in the global race to commercialise quantum computing. It ranks among the largest Series A funding rounds in quantum computing worldwide and clearly positions eleQtron as one of the most ambitious European players in the international arena.

The round is led by Schwarz Digits, the IT and digital division of Schwarz Group, an international leader in the retail industry. The EIC Fund of the European Innovation Council (EIC) is also among the key investors.

Additional participationcomes from existing investors such as Earlybird, as well as new investors including French VC firm Ankaa Ventures, laser equipment specialist Precitec, and development banks NRW.BANK (Düsseldorf) and IFB Hamburg. The funding package also includes individual grants.

eleQtron already has an order backlog of more than €54million, underlining growing commercial demand and placing the company among the few quantum computing players with meaningful commercial traction.

The new capital will be used to build scalable production capacity, expand cloud- based access to eleQtron’s systems, and further advance development its hardware platform.

In parallel, eleQtron is advancing its proprietary MAGIC technology (Magnetic Gradient Induced Coupling), which enables highly precise control of trapped ions using miniaturized microwave technology—providing a clear path toward scalable quantum computers.

“Quantum computing is transitioning from a research-driven technology to an industrially usable infrastructure. With this funding, we are accelerating that transition and building systems that will solve real-world industrial problems,”said Jan Henrik Leisse, CEO and Co-founder of eleQtron.

Scaling technology for industrial applications

Founded in 2020, eleQtron combines research-based technology development with a strong focus on industrial scaling and commercialization. Quantum computing is increasingly being recognized as a critical component of digital infrastructure—comparable to data centers, networks, or AI platforms. This investment strengthens eleQtron’s position as a provider of scalable quantum computing systems for industrial applications. With the capital from the consortium around the companies of Schwarz Group as lead investor, the commercializationof the product’s transition from the laboratory environment to industrial practice will now be significantly accelerated.

“Digital sovereignty is a top priority for us and our partners. Following our strategic decisions in the areas of cloud and artificial intelligence, the investment in eleQtron is a logical building block. We want to ensure that we remain independent in key technologies and actively shape forward-looking, secure IT infrastructures right here in Germany,” says Christian Müller, Co-CEO of Schwarz Digits.

“eleQtroncombines a clearly differentiated technology with a compelling approach to scaling and commercializing quantum computing. In particular, the combination of proprietary technology and cloud-based access demonstrates how research can translate into real-world applications. We are excited to continue supporting the company in its next phase of growth,” said Dr. Hendrik Brandis, Co-Founder & Partner, Earlybird.

“Quantum computing is entering a crucial phase of industrialisation. Companies such as eleQtron, which combine scientific excellence with a clear focus on scalable systems, are key to translating Europe’s strengths into globally competitive technologies,” emphasises Svetoslava Georgieva, Chair of the EIC Fund Board.