Alpine Quantum Technologies

Alpine Quantum Technologies develops trapped ion quantum computers and quantum simulators based on research from the University of Innsbruck, offering cloud-accessible quantum systems through their AQT quantum cloud platform for research institutions and companies working on quantum algorithms, optimization problems, and quantum simulation applications in materials science and chemistry.

Company Information

• Founded: 2018
• Country: Austria
• Website: https://aqt.eu
• Categories: hardware, quantum algorithms, quantum chemistry, quantum cloud, quantum education, quantum materials, quantum optimization, quantum simulation, quantum software, trapped ion

Investment Information

• Status: private
• Total Raised: $23.2M
• Last Valuation: $150M

Recent Funding Rounds

• 2022-06-29: series-a - $19M - Series A funding round
• 2019-11-14: seed - $4.2M - Seed funding round

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In 2024-2025, the completed QCDC project led by Juris Ulmanis of Alpine Quantum Technologies now provides European researchers with access to cloud-based quantum computers for advanced calculations in fields like drug discovery and materials science. AQT, an Innsbruck-based company specializing in general-purpose ion-trap quantum computing, collaborated with teams from QC Ware (USA), Covestro (Germany), and Boehringer Ingelheim (Germany) to simulate interaction energies of intermediate states in chemical reactions. The conclusion of the QCDC project signifies substantial advancement for Europe in establishing itself as a leader in quantum computing, reinforcing Europe’s technological sovereignty by offering local access to advanced quantum computing capabilities. In December 2024, Classiq Technologies formed a strategic partnership with Alpine Quantum Technologies, integrating Classiq’s design platform for quantum algorithms with AQT’s ion trap-based quantum computers to offer a unified workflow connecting software tools with hardware capabilities.

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