COMPANY PROFILE

eleQtron

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Microwave-controlled, trapped-ion quantum computing.

Siegen, GermanyFounded 2020Semiconductors

Valuation $250–500M Last recorded · 2026

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About eleQtron

eleQtron is a German trapped-ion quantum computing company founded in 2020 as a University of Siegen spin-off. It builds microwave-controlled quantum processors using proprietary MAGIC (Magnetic Gradient Induced Coupling) technology and targets industrial deployment via cloud access and production scaling, with partnerships including the DLR QSea consortium. In May 2026 eleQtron closed a €57 million Series A led by Schwarz Digits (Schwarz Group), with the EIC Fund, Earlybird, Ankaa Ventures, Precitec, NRW.BANK and IFB Hamburg; the package also includes separate EU and North Rhine-Westphalia grants that are not folded into the equity headline. Sources: Tech.eu 5 May 2026; company.

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At a glance

Status: Operational
Founded: 2020
Headquarters: Siegen, Germany
Employees: 99
Open positions: None listed
Dealroom signal: 87.4/100
Sector: Semiconductors, Quantum Computing, Chips, Spinout, EIC, Quantum Computers, EIC Fund, Future of Computing, Semiconductor Designers and Manufacturers, Chips and Processors
Technology: Hardware, Deep Tech, Quantum Technologies
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES AOther financing	May 2026	$63M	$251M	NRW.BANK · Earlybird Venture Capital · Precitec KG · IFB Hamburg	↗
EARLY VCOther financing	Oct 2024	$0	—	EIC Fund	—

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Growth signals

eleQtron website traffic

Latest recorded traffic for eleQtron is 14K monthly website visits, up 84.2% over the last three months. eleQtron's team grew 16.5% over the past year.

Latest monthly visits14K 3-month web change+84.2% 1-year team growth+16.5%

Monthly website visitsOct 2022–Jul 2026

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