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ParTec AG and a renowned tech investment firm sign term sheet for US$100 million in growth financing
Munich, April 22, 2025 – ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3), a leading European company in the development and design of AI supercomputers, quantum computing, and high-performance computing, today announced the signing of a term sheet for growth financing totalling US$100 million. The financing is provided by a well-known, globally active deep tech investment firm.
With the planned investment, ParTec aims to further advance the expansion of its AI supercomputing infrastructure and significantly scale the development and deployment of quantum computing technologies as well as AI-as-a-Service offerings for customers in academia and industry.
The agreement underlines the high reputation of ParTec and is a proof of its technological leadership position in the area of HPC, quantum computing, and AI infrastructure.
This partnership marks another important step towards sustainably strengthening Europe’s leadership in the fields of artificial intelligence and quantum computing.