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DateInvestorsAmountRound
-investor investor investor

€0.0

round
investor investor investor investor

€0.0

round
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€1.5m

Debt
Total Funding000k

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues00000000000000000000
% growth--61 %135 %88 %
EBITDA00000000000000000000
% EBITDA margin-64 %2 %--
Profit00000000000000000000
% profit margin-64 %5 %--
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article, Dealroom estimates

More about Qilimanjaro Quantum Tech
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Qilimanjaro is a full-stack quantum computing company based in Barcelona and founded in 2019 that aims at maximizing current technology capabilities to provide practical quantum advantage in a shorter time frame by following a unique strategy. We use the analog model of quantum computation, with high-quality superconducting flux qubits and versatile qubit-qubit interactions to build app-specific quantum devices (QASIC), in a co-design approach that brings the design of the quantum chip closer to the use-case. We offer an exclusive Quantum as a Service that allows for remote access to our distinctive quantum computing platforms and a boutique service for deployment and integration of in-premises quantum computers.

With the mission of solving the unsolvable, we offer cloud access to our analog quantum computers and algorithms that have been designed to target specific use-cases that are relevant for different industry verticals. Our goal is to master the nature of quantum mechanics with analog control to be able to offer a platform capable of simulating chemistry, physics and materials science, as well as to find more efficient solutions to optimisation problems present in the operational pipeline of practically all major industries. Our quantum solutions hold the promise to offer faster, more accurate and more sustainable solutions.

- Qilimanjaro develops quantum computing platforms, focusing its innovation on analog QASIC (quantum app-specific devices). We aim at maximising the current capabilities of quantum technology by developing quantum computers co-designed for a particular function or application, bringing together the target use-case with the design of both quantum algorithm and superconducting chip to boost the chances of getting a quantum gain now. We are currently developing the first MVP to be released in 2024. In the meantime we do algorithm co-design with several clients from the logistics, finance and energy sectors, to understand the market needs and drive our chips development.

- Qilimanjaro brings quantum computation closer to the user through its QaaS (Quantum as a Service). In 2024 we will provide cloud access to our users to run and test their algorithms in our platforms, which will include classical, and quantum analog and digital backends. To ease the interaction between the user and the device we have contributed to the development of a full-stack programming framework named Qibo.

- We offer a deployment and integration service to install quantum computers on-premise, as well as train on its operation and maintenance. We have deployed the first QC in the United Arab Emirates in 2022 and provided access to the first QC in Spain in 2023 through the Barcelona Supercomputing Center.

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