🇪🇸Quantum-computer developer Qilimanjaro completed a €19.6 million Series A first close, including €10 million from Indra Group.

Qilimanjaro Quantum Tech reported a completed first closing, rather than merely a fundraising target. The Barcelona-based company announced €19.6 million in the first close of its Series A round. The article identifies expansion of quantum-computing production as the funding announcement’s purpose.

Indra Group led the financing through IndraMind. Its disclosed investment was €10 million. The supplied excerpt also says the Spanish Society for Technological Transformation, or SETT, under the Ministry for Digital Transformation and Public Administration, renewed its commitment.

The first-close designation should not be confused with completion of the entire Series A process. The excerpt supplies neither a final round target nor a company valuation, ownership percentage, or dilution terms. It also does not specify SETT’s contribution amount or quantify the production expansion.