TUM spinout Kiutra has secured seed funding to ramp up operations for its cyrogenic cooling technology, which it regards as the answer to the problem of industrial-scale quantum manufacturing.

Kiutra, a Germany-based quantum technology manufacturing spinout of Technical University of Munich, has procured a seven-figure euro (€1m = $1.2m) seed sum from investors including an initiative overseen by TUM’s tech transfer office, Unternehmertum.
Unternehmertum invested through Initiative for Industrial Innovators, the pan-European deep tech innovation program supported by a number of EU departments and programs.
Spun out in 2018 from TUM’s chair for the topology of correlated systems, Kiutra makes advanced cooling devices for applications including quantum technology, as well as other high-performance electronics, material science and basic research.
While quantum computing could offer vast performance improvements on conventional systems, cryogenically cool temperatures must be attained to produce industrial quantities.
The seed funding will help Kiutra strengthen its global sales, production and distribution capacities, and allow further development of its technology with a focus on the quantum market.