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Kiutra Secures €13M for Sustainable Quantum Cooling Solutions

10/8/2025

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Summary

Story summary

Kiutra secured €13 million to scale magnetic cooling for quantum technologies and develop helium-3-free systems.
The round was co-led by NovaCapital and 55 North, with High-Tech Gründerfonds and existing investors participating.
Kiutra has raised over €30 million total, underscoring commitment to sustainable cryogenic infrastructure.
Plans include modular platforms for quantum chips and full-stack quantum computers to broaden its offerings.

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Story summary

Kiutra secured €13 million to scale magnetic cooling for quantum technologies and develop helium-3-free systems.
The round was co-led by NovaCapital and 55 North, with High-Tech Gründerfonds and existing investors participating.
Kiutra has raised over €30 million total, underscoring commitment to sustainable cryogenic infrastructure.
Plans include modular platforms for quantum chips and full-stack quantum computers to broaden its offerings.