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Terra Quantum

30
ResearchZürich, SwitzerlandEst. 2019
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About

Terra Quantum provides quantum-as-a-service solutions and develops quantum algorithms for enterprise applications, offering cloud-based access to quantum computing resources and consulting services for optimization, simulation, and machine learning across industries. In April 2026, Terra Quantum signed an LOI for a Nasdaq SPAC merger with Mountain Lake Acquisition Corp. II at a $3.25 billion target. The deal was upsized in May 2026 to a $3.5 billion valuation. The company also disclosed QKD deployments running over existing fibre infrastructure, including a link securing Melita's data centres in Malta and a US Air Force pilot for secure data transmission. Update 2026-05-07: Terra Quantum delivered a platform to the U.S. Air Force for evaluating post-quantum cryptographic communications. Source: https://quantumzeitgeist.com/quantum-data-air-force-tests/ Update 2026-05-07: Terra Quantum successfully connected Melita's data centers in Malta using its Quantum Key Distribution technology on existing fiber. Source: https://quantumzeitgeist.com/terra-quantums-qkd-works-existing/ Update 2026-05-07: Terra Quantum implemented a Quantum Key Distribution link to secure Melita's data centers in Malta. Source: https://quantumzeitgeist.com/terra-quantums-qkd-link-melitas/ Update 2026-04-16: Terra Quantum offers quantum-as-a-service utilizing hybrid computing and quantum key distribution to solve business problems and improve data security. Source: https://quantumzeitgeist.com/terra-quantum-quantum-as-a-service/

Quantum Specifications

Quantum Focussoftware

Key People

MP
Markus Pflitsch
Founder

Funding History

series-b$75M
Jun 2024
ipo$3.5M
May 2026
Total disclosed$78.5M
ipo$3.5
2026-05-26
Axiom Intelligence
series b$75M
2024-06-05
SquareOne VenturesBMH Beteiligungs-ManagementgesellschaftLUAG

Backed By

Lakestar
Lightspeed Venture Partners
Quantum Coast Capital
Type One Ventures
Trumpf Venture
Gic Government Of Singapore Investment Corporation
Hercules Capital
Inven Capital

Frequently Asked Questions

Terra Quantum provides quantum-as-a-service solutions and develops quantum algorithms for enterprise applications, offering cloud-based access to quantum computing resources and consulting services for optimization, simulation, and machine learning across industries. In April 2026, Terra Quantum signed an LOI for a Nasdaq SPAC merger with Mountain Lake Acquisition Corp. II at a $3.25 billion target. The deal was upsized in May 2026 to a $3.5 billion valuation. The company also disclosed QKD ...
Terra Quantum is headquartered in Zürich, Switzerland.
Terra Quantum was founded in 2019.
Terra Quantum operates in the following sectors: quantum software, quantum consulting.
Terra Quantum has raised $3.25B SPAC LOI with Mountain Lake Acquisition Corp. II (Apr 9, 2026); Nasdaq target; subject to due diligence and regulatory approval in total disclosed funding.