Turkish deep-tech startup Qubitrium has secured €2.25 million ($2.6 million USD) in a Seed-plus funding round led by the Türkiye Development Fund (€1.25 million) ($1.46 million USD) and ACT Venture Partners (€1 million) ($1.14 million USD). Founded in 2020 as a spin-off from QuTech and Özyeğin University, the company specializes in space-ready quantum hardware, including entangled photon sources, single-photon detectors, and quantum memories. The new capital is earmarked for the expansion of Qubitrium’s technical infrastructure and the acceleration of its go-to-market strategy for its miniaturized, CubeSat-compatible quantum modules.
The funding follows the company’s announcement regarding the successful orbital deployment and validation of its quantum payload. This mission serves as a validation phase for the development of space-based quantum communication infrastructure. By providing an ecosystem of hardware—including the QubitCore payload and the QubTag time tagger—Qubitrium aims to enable secure Quantum Key Distribution (QKD) and sensing capabilities for the aerospace and defense sectors.
For the official funding announcement, visit the Qubitrium newsroom here.
In GQI Portal
The players behind the news
The team that writes QCR tracks every company, deal and technology in the GQI Factory, GQI's verified database of the quantum industry. Next up: every story linked to its players, coming to QCR's paid plans.
- Players Companies and institutions across the quantum industry, by segment.
- Scorecards How the players compare on hardware, software, funding and more.
Newsletter
QCR Alerts in your inbox
The latest reporting and analysis from Quantum Computing Report. Free, unsubscribe any time.