About eleQtron
eleQtron is a company based in Siegen (Germany) founded in 2020 by Michael Johanning, Jan Leisse, and Christof Wunderlich.. eleQtron has raised $5.95 million across 1 funding round from investors including Earlybird and Siegerlandfonds. eleQtron offers products and services including Quantum Computer and MAGIC Technology. eleQtron operates in a competitive market with competitors including IonQ, Universal Quantum, Huayi Boao, Alpine Quantum Technologies and QUDORA, among others.
- Headquarter Siegen, Germany
- Founders Michael Johanning, Jan Leisse, Christof Wunderlich
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Eleqtron Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.95 M (USD)
in 1 rounds
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Latest Funding Round
$5.95 M (USD), Series A
Nov 01, 2022
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Investors
Earlybird
& 1 more
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Employee Count
Employee Count
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Products & Services of eleQtron
eleQtron offers a comprehensive portfolio of products and services, including Quantum Computer and MAGIC Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hardware for solving complex computations using ion traps.
Platform for controlling quantum states in advanced applications.
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Funding Insights of eleQtron
eleQtron has successfully raised a total of $5.95M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.95 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.9M
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First Round
First Round
(01 Nov 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - eleQtron | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in eleQtron
eleQtron has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Earlybird and Siegerlandfonds. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Founded Year | Domain | Location | |
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Equity financing is provided to regional businesses in Siegen-Wittgenstein.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eleQtron
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - eleQtron
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eleqtron Comparisons
Competitors of eleQtron
eleQtron operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IonQ, Universal Quantum, Huayi Boao, Alpine Quantum Technologies and QUDORA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Universal quantum computers using trapped-ion technology are provided via cloud.
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| domain | founded_year | HQ Location |
Developer of quantum computers
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| domain | founded_year | HQ Location |
Provider of ion-trapped technology-based universal quantum computers
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| domain | founded_year | HQ Location |
General-purpose quantum information processors are developed via trapped-ion approach.
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| domain | founded_year | HQ Location |
Develops quantum computers and provides cloud-based quantum computing services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eleqtron
Frequently Asked Questions about eleQtron
When was eleQtron founded?
eleQtron was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is eleQtron located?
eleQtron is headquartered in Siegen, Germany. It is registered at Siegen, North Rhine-westphalia, Germany.
Who is the current CEO of eleQtron?
Jan Leisse is the current CEO of eleQtron. They have also founded this company.
Is eleQtron a funded company?
eleQtron is a funded company, having raised a total of $5.95M across 1 funding round to date. The company's 1st funding round was a Series A of $5.95M, raised on Nov 01, 2022.
What does eleQtron do?
eleQtron was founded in 2020 in Siegen, Germany, as a manufacturer in the quantum computing sector. Computers that utilize qubits for performing computations and processing information are produced by the company. Operations include system management and the operation of quantum computing equipment, with support for various calculations. The focus remains on hardware development for quantum-based applications.
Who are the top competitors of eleQtron?
eleQtron's top competitors include IonQ, Universal Quantum and Huayi Boao.
What products or services does eleQtron offer?
eleQtron offers Quantum Computer and MAGIC Technology.
Who are eleQtron's investors?
eleQtron has 2 investors. Key investors include Earlybird, and Siegerlandfonds.
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