Qilimanjaro signs a €1.5M agreement with Avançsa to expand its quantum technology

The company has been participating in the Industrial Doctorate Plan since 2020 with nine applied research projects

Qilimanjaro Quantum Tech, a company specializing in quantum computing, has signed an investment agreement with Avançsa , a public entity responsible for promoting the Catalan business ecosystem through public-private collaboration. The investment agreement is valued at 1.5 million euros through the Innova Creixement Line, with the aim of developing quantum computing technologies in Catalonia.

The company, born as a spin-off of the Barcelona Supercomputing Center, the University of Barcelona and the Institute of High Energy Physics, has become a benchmark in the construction of the country's first commercial quantum computer. In addition, it was recognized as one of the Catalonia Exponential Leaders by ACCIÓ in 2021; by the Barcelona Deep Tech Summit as the best deep tech startup in 2022, one of the five quantum computing startups to follow worldwide in 2022 by Startups Insight and this same year they won the 4YFN award as the best digital start-up in the world. The company focuses its strategies on four main verticals: Quantum as a Service (QaaS), quantum computer installation, consulting and Quantum ASIC. With more than 45 employees, Qilimanjaro has imminent plans to expand its team, thus strengthening its leadership in the deep tech and digital start-up sector.

Qilimanjaro stands out for its active participation in the Industrial Doctorate Plan of the Generalitat de Catalunya, with nine innovative projects that reinforce its commitment to research and development of disruptive technologies. Qilimanjaro's projects in the Industrial Doctorate Plan include several areas of applied research. These projects focus on the optimization of quantum algorithms, the improvement of quantum connectivity, and the development of new superconducting materials for quantum electronics. These initiatives not only promote scientific and technological knowledge, but also have a direct impact on Catalonia's competitiveness in the global quantum computing landscape.

This agreement will allow Qilimanjaro to continue expanding its technological capabilities, positioning Catalonia as a center of innovation in quantum computing.