# Terra Quantum AG: Information technology & services, St. Gallen, Switzerland

> Terra Quantum AG: Terra Quantum AG is a global deep-tech company based in St. Based in St. Gallen, Switzerland. Founded 2018.

Source: https://millionrounds.com/startup/terra-quantum-ag (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Information technology & services startup](https://millionrounds.com/companies)

# Terra Quantum AG

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

Funding reported Last round: Private equity

Information technology & services St. Gallen, Switzerland

Company summary

- **Founded:** 2018 8 years old
- **Team:** 85 51 to 200 people
- **Funding reported:** 90M as listed, currency not stated
- **Last round:** Private equity Feb 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Terra Quantum AG has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About 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.

## What company datasets say Terra Quantum AG raised

Funding, as reported

Reported in all **90M** in the source's currency

Rounds **4**

Last round **Private equity**

Last round date **Feb 2023**

Investors listed **3**

## The company, in detail

What they build

Known for

quantum security quantum infrastructure health care data protection smart manufacturing solutions quantum security solutions quantum ecosystem quantum research and industry quantum algorithm customization quantum industry sectors enterprises quantum technology funding education information technology & services molecular simulation financial services

Built with from their website

GitHub Actions Docker Eleventy Google Tag Manager Salesforce Service Cloud Atlassian CallMiner Eureka Google Cloud Modula Viewport Meta

+8 more

Hubspot PostgreSQL Elm Thales HSM.NET PyTorch Azure Linux Virtual Machines Apple Business Manager

- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, 541512, 541715, SIC 7375, 7372, 7373, 8731
- **Region:** St. Gallen
- **Revenue:** 3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/terra-quantum)

## Information technology & services in Switzerland

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- [**KNIME** Zurich · founded 2008 *Raised*](https://millionrounds.com/company/knime)
- [**Cerrion** Zuerich · founded 2021 *Raised*](https://millionrounds.com/company/cerrion)
- [**B3i** Zurich · founded 2016 *Raised*](https://millionrounds.com/company/b3i)
- [**BRD** Freienbach · founded 2015 *Raised*](https://millionrounds.com/company/brd)
- [**Tangem** Zug · founded 2017 *Raised*](https://millionrounds.com/company/tangem)
- [**ETFBOOK** Zuerich · founded 2020 *Raised*](https://millionrounds.com/company/etfbook)
- [**Squirro** Zuerich · founded 2012 *Raised*](https://millionrounds.com/company/squirro)
- [**Frontify** St. Gallen · founded 2013 *Raised*](https://millionrounds.com/company/frontify)

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