Pre-IPO quantum computing company profile · Founded 2020 · Siegen, Germany · Quantum computing companies in Germany
Company Facts
IPO Status
No IPO announced
eleQtron shares are not available on public exchanges. See below for listed alternatives with similar technology.
eleQtron is a German trapped-ion quantum computing company spun out of the University of Siegen. Its key technical bet is MAGIC: microwave-based ion control that reduces the optical complexity of trapped-ion systems by replacing many laser operations with microwave fields.
In May 2026 eleQtron announced a EUR 57M Series A led by Schwarz Digits, one of the largest European quantum Series A rounds, to scale production and expand cloud access to its trapped-ion systems.
| Round | Amount | Date | Key Investors | Valuation |
|---|---|---|---|---|
| Series A | EUR 57M | May 2026 | Schwarz Digits, EIC Fund, Earlybird, Ankaa Ventures, NRW.BANK and others | — |
IonQ (IONQ) and Quantinuum (QNT) are the listed trapped-ion comparables, though eleQtron uses microwave control rather than the laser-heavy approach.
Related company roadmaps: Official IonQ quantum roadmap · Official Quantinuum quantum roadmap
Can you buy eleQtron stock?
No. eleQtron is private and has not announced an IPO.
What makes eleQtron different?
Its MAGIC architecture uses microwave control for trapped ions, aiming to simplify hardware compared with laser-heavy ion-trap systems.
How much has eleQtron raised?
At least EUR 57M, from its May 2026 Series A led by Schwarz Digits.
More pre-IPO quantum companies
Static profile, updated manually · Last updated 2026-09-04 · Sources: eleQtron press and funding news ↗ · The Quantum Insider - eleQtron Series A ↗ · Forschungszentrum Jülich — official JION launch ↗