planqc Secures German Founder Prize as a Leading Quantum Computing Startup
QUANTUM COMPUTING
Planqc, a quantum computing startup co-founded by CEO Alexander Glätzle, has been awarded the German Founder Prize for best startup of 2025 after raising approximately 50 million euros in 2024. The company, which employs innovative technology to store information in individual atoms, aims to address complex optimization tasks across various industries, including personalized medicine. Despite challenges in European venture capital, initiatives like the EU Scale-Up Fund may bolster support for quantum research amid concerns over quantum computers' potential to undermine current encryption systems.

Jan 20, 2026, 9:46 AM