Terra Quantum AG

Terra Quantum AG is a global deep-tech company based in St.

Gallen, Switzerland, specializing in quantum technologies. Founded in 2019 by Markus Pflitsch, the company operates as a full-stack quantum technology provider with a "Quantum as a Service" (QaaS) model. Terra Quantum has raised $85.9 million in funding, including a significant Series A round of $75 million and a Private Equity round of $100 million in early 2023. The company offers a range of services through its TQ42 platform, which includes Quantum Algorithms as a Service (QAaaS), Quantum Computing as a Service (QCaaS), and Quantum Security as a Service (QSaaS). These services provide access to proprietary quantum algorithms, high-performance quantum processing capabilities, and secure communication solutions. Terra Quantum collaborates with major industry players like Siemens and POSCO Holdings to advance quantum applications in various sectors, including finance, pharmaceuticals, and logistics. With plans for a public listing on Nasdaq, Terra Quantum is positioned for continued growth in the quantum technology sector.