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eleQtron
Semiconductors · Siegen, Germany · Founded 2020
Microwave-controlled, trapped-ion quantum computing. MoreLess
eleQtron is a German company that specializes in the development and manufacturing of quantum computers. The company's approach is centered on trapped-ion technology, utilizing radio frequency (RF) control and a proprietary method known as Magnetic Gradient Induced Coupling (MAGIC) to enhance the performance and scalability of its quantum processors.
As Germany's first domestic manufacturer of quantum computing hardware, eleQtron is a key player in the European quantum ecosystem. The company collaborates with industry partners, including NXP Semiconductors and ParityQC, within the QSea consortium, an initiative supported by the German Aerospace Center (DLR). This collaboration aims to build a full-stack, ion-trap-based quantum computer.
The company targets clients from various business and industrial sectors, developing customized quantum computing solutions to address their specific needs. eleQtron's business model appears to be focused on the production and sale of quantum computing hardware, as well as providing services and expertise to facilitate the adoption of quantum technologies.
Keywords: quantum computing, trapped ions, hardware manufacturer, MAGIC technology, RF control, QSea consortium, DLR Quantum Computing Initiative, quantum processors, ion-trap technology, quantum solutions
Company overview
eleQtron company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Siegen, Germany
- Employees
- 99
- Open positions
- None listed
- Dealroom signal
- 87.4
Valuation & funding
eleQtron funding history
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 | — |
| GRANTOther financing | Oct 2024 | $2.5M | — | European Innovation Council | — |
| SEEDOther financing | Nov 2022 | $7.2M | $29M | Earlybird Venture Capital · Siegerland Fund | ↗ |
| GRANTOther financing | Jul 2022 | $10M | — | Undisclosed | — |
| SPINOUTOther financing | May 2020 | Universität Siegen | — |
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.
Comparisons
eleQtron compared with similar companies
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Talent graph
eleQtron's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where eleQtron has talent and traffic
team presence
In the news
Latest news about eleQtron
Recent press, funding announcements, and product moves mentioning eleQtron — open to read from the original sources.
Market sentiment
What the market is saying about eleQtron
An AI-synthesized read of the highest-engagement posts about eleQtron on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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