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With the jury still out, and in the absence of the latest company making its “a step” (the speech with which “startups” try to seduce potential investors), – clearly says one of the listeners. “I think it’s the most ‘top’ thing in Spain right now,” he tells his interlocutor, who looks at him curiously, asking without speaking for more information. On the stage of St CEO of Qilimanjaro Quantum Tech, Martha P. Estorellas, you have 4 minutes to summarize what your company does. He faces five other companies in his style in the final of the 4YFN 2024 awardswhich will end up being the best company of the year.
It is a Catalan company, a “spin-off” from University of Barcelona (UB), with Barcelona Supercomputing Center (BSC) and with Institute of High Energy Physics (IFAE), won 4YFN Awards Art MWC Barcelona 2024, the highest recognition a startup receives as part of this tech convention. This was decided on Wednesday by a panel of directors investment funds in companies how An early bird, All iron enterprises, Elaia partners, SK Telecom o Woven capitalwhich singled her out from five other competitors, making her worthy of the €20,000 prize and the opportunity to perform at 4YFN 2025.
As the CEO of EL PERIÓDICO explained a few days ago, Qilimandjaro is developing quantum chips are much more accurate in their calculations than today’s. In any case, their proposal, still small and in its infancy, goes much further than that: They want to be the “Amazon or the quantum apple”, Estarelos says, that is, to become a solution that is practically adapted to everyone. that quantum technology should be used. From the program provider to the computer, it makes it simple.
According to their story, they, with their 45 employees, are the only ones competing in this race and with their strategy in Southern Europe. What sets them apart is that they try to mimic the dynamics of nature as much as possible, and are backed by a team of 5 top-level founders in the field of quantum science (including Prof Jose Ignacio Latorre, excellence in this field); who are already working on a practical case to better refine their proposal; and that while they investigate they have other lines of business – simpler but equally related to quantum – to fund. Computer assembly, consultation…
Despite this, they are talking to investors to quickly close the funding round. And they know that 4YFN is a very interesting showcase for that. “We want them to know us, see the potential and close funding rounds“, says this manager, who clearly shows his absolute desire to grow in Barcelona not only as designers, but also as manufacturers.
For now, they leave MWC 2024 as the best startup compared to Catalon Ocean Ecostructures’ proposal and its system restore the marine ecosystemcontribution to smart cities Bitcensea tool for radiologists to sharpen their sights on possible breast tumors Little AI Medical and speech aid solution Whispp.
“Congratulations to Qilimanjaro Quantum Tech for winning the tenth anniversary 4YFN Awards and to each of the four finalists who took to the stage today,” congratulated CEO del 4YFN, Per Durand, this is a statement. “I’ve been constantly amazed by the level of innovation and entrepreneurial spirit we’ve seen on the 4YFN stages over the past decade. The future is bright for the global startup ecosystem and we look forward to the next 10 years of continuing to connect entrepreneurs with investors and discover the best digital startups on the planet,” he concluded.
