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kiutra

Series B

kiutra is a quantum technology company that develops cryogen-free cooling systems and services for achieving kelvin and millikelvin temperatures required in quantum computing and low-temperature physics research. The company's product portfolio includes the L-Type Rapid, a super-fast characterization cryostat for sub-kelvin and kelvin temperatures (50 mK to room temperature) that offers fully automatic, cryogen-free…

Energy Tech · Energy Efficiency Tech, · Munich, Germany · EST 2018

About

kiutra is a quantum technology company that develops cryogen-free cooling systems and services for achieving kelvin and millikelvin temperatures required in quantum computing and low-temperature physics research. The company's product portfolio includes the L-Type Rapid, a super-fast characterization cryostat for sub-kelvin and kelvin temperatures (50 mK to room temperature) that offers fully automatic, cryogen-free operation on a modular platform; the X-Type, a cooling architecture designed for scalable quantum systems; the S-Type, a rack-integrated sub-kelvin platform for continuous cooling; and the T-Type Optical, an optical kelvin temperature cryostat optimized for trapped-ion chips. kiutra's technology is based on ADR (Adiabatic Demagnetization Refrigeration) and cADR (continuous ADR), eliminating the need for scarce helium-3. The company also provides cryogenic services including a Characterization Lab and Measurement as a Service, allowing customers to send samples for characterization or rent systems. kiutra actively participates in research projects including LEMON for scalable helium-3-free millikelvin cooling and CRYOFAST for democratizing access to sub-kelvin temperatures. Founded in 2018 and headquartered in Munich, Germany, kiutra has raised $15.2M in Series B funding from investors including TRUMPF, Verve Ventures, APEX Ventures, Initiative for Industrial Innovators, HTGF, Europa, UnternehmerTUM, EIC Fund, Novacapital, and 55 North.

Business model

Quantum Computing > Enabling Technology > Dilution Refrigerators > Cryogen Free,

Energy Efficiency Tech > Thermal Products > HVAC > Magnetic Cooling

Team background

College Wise > Technical University of Munich

Institutional investors

TRUMPFVerve VenturesAPEX VenturesInitiative for Industrial InnovatorsHTGFEuropaUnternehmerTUMEIC FundNovacapital55 North

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