kiutra, a Munich-based provider of magnetic cooling for quantum technologies, raised €13M in an equity funding round co-led by NovaCapital and 55 North to accelerate global scale-up.

Oct 02, 2025•3 days ago

Amount Raised

€13 Million

MunichManufacturing

Investors

High Tech Gründerfonds55 NorthNova Capital

Description

kiutra closed a €13M equity funding round, co-led by NovaCapital and 55 North, with participation from High-Tech Gründerfonds and other backers. The funds will help accelerate global scale-up and deliver innovative cooling systems that strengthen quantum supply chain resilience. Kiutra develops helium-3-free refrigeration systems for quantum technologies, which are already deployed worldwide. This financing adds to kiutra's total of over €30M raised in private and public funding to date.

Company Information

Company

kiutra

Location

Munich, Bavaria, Germany

About

kiutra is a deep tech company developing next-generation cooling solutions for quantum technologies and cutting-edge research and industrial applications. The company specializes in proprietary, helium-3-free refrigeration systems based on magnetic cooling, facilitating simple, safe, and sustainable access to ultra-low temperatures. Its systems are already deployed worldwide, supporting leading research institutions, quantum startups, and corporates in quantum hardware development. With its recent funding, kiutra aims to accelerate global scale-up and enhance quantum supply chain resilience.

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