Schwarz Digits leads EUR 57 mln Series A round in quantum computer start-up eleQtron
Schwarz Digits, the IT and digital division of the Schwarz Group, has led a Series A financing round of EUR 57 million by eleQtron, a developer of ion trap-based quantum computers spun off from the University of Siegen in 2020. The university said other investors in the Series A round included the EIC Fund of the European Innovation Council, venture capital (VC) firm Ankaa Ventures, laser equipment specialist Precitec, the development banks NRW.Bank and IFB Innovationsstarter, and existing investors such as