Quantagonia Increases Initial Funding To €4.3 Million ($4.67 Million USD)

Quantagonia is a quantum software company headquartered in Frankfurt am Main, Germany that offers hybrid quantum platforms, which provide solutions for computation-intensive industrial applications in the fields of AI/ML, simulation, and optimization. They have announced that they have added Tensor Business as one of their investors who have increased their total initial fund to €4.3 million. The company will use the funds to continue their software development and expand their sales efforts. The press release (in German) from Quantagonia announcing the additional funding can be accessed Here.

July 6, 2023