Indra Invests in Qilimanjaro to Accelerate Quantum in Physical AI and Robotics
The technology and defense group leads, together with SETT, the first closing of almost 20 million euros of the new financing round that the Catalan company plans to close at the end of the year.
Indra, through its subsidiary IndraMind, and the Spanish Technology Transformation Society (SETT) have led a €20 million investment in Qilimanjaro Quantum Tech, a Catalan quantum computing company. Indra invested €10 million and SETT invested €9.6 million, with plans to close a total funding round of €40-50 million by the end of the year.
Qilimanjaro, founded in 2019 as a spin-off of the University of Barcelona, Barcelona Supercomputing Center, and Institut de Física d'Altes Energies, develops quantum computers and aims to scale and industrialize its technology with the new funds. The company currently employs 80 people and plans to increase its staff to 120 within 12 months.
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