Alpine Quantum Technologies

Alpine Quantum Technologies develops trapped ion quantum computers and quantum simulators based on research from the University of Innsbruck, offering cloud-accessible quantum systems through their AQT quantum cloud platform for research institutions and companies working on quantum algorithms, optimization problems, and quantum simulation applications in materials science and chemistry.

Company Information

• Founded: 2018
• Country: Austria
• Website: https://aqt.eu
• Categories: hardware, quantum algorithms, quantum chemistry, quantum cloud, quantum education, quantum materials, quantum optimization, quantum simulation, quantum software, trapped ion

Investment Information

• Status: private
• Total Raised: $23.2M
• Last Valuation: $150M

Recent Funding Rounds

• 2022-06-29: series-a - $19M - Series A funding round
• 2019-11-14: seed - $4.2M - Seed funding round

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Amazon Braket

In 2024-2025, Amazon Braket expanded significantly through partnerships and hardware additions. NVIDIA and AWS announced a collaboration to advance quantum computing research by integrating NVIDIA’s quantum-classical computing platform, NVIDIA CUDA-Q, with Amazon Braket, allowing researchers to leverage hybrid quantum-classical workflows. IQM Quantum Computers made its 20-qubit quantum processing unit, IQM Garnet, available through Amazon Braket in the AWS Europe (Stockholm) Region, marking the first quantum processing unit available to AWS customers within the European Union in a self-service, on-demand model. IonQ announced continued collaboration with AWS, making IonQ’s Forte system (delivering 36 algorithmic qubits) available on Amazon Braket. Amazon Braket continues to provide access to multiple quantum hardware providers including QuEra’s 256-qubit Aquila neutral atom system, supporting the AQC25 conference bringing together stakeholders from MIT, Yale, USC, Google Quantum AI, and others.

AMD

Advanced Micro Devices Inc. (AMD) is an American semiconductor company founded in 1969, headquartered in Santa Clara, California, developing computer processors and graphics technologies. AMD explores quantum computing partnerships providing high-performance classical computing infrastructure for quantum-classical hybrid algorithms and quantum simulation workloads. The company processors power classical computing components of quantum systems including quantum control systems, quantum simulation platforms, and quantum software development environments. AMD collaborates with quantum computing companies and quantum cloud providers optimizing classical computing infrastructure for quantum workloads. AMD serves quantum computing industry, cloud providers, and research institutions requiring high-performance classical computing for quantum-classical hybrid systems and quantum algorithm development advancing quantum-classical computing integration and quantum software development capabilities.

Anyon Technologies

Anyon Technologies is a Singapore-based large-scale quantum computing systems company founded in 2021 by pioneers from Singapore’s A*STAR and leading US institutions including Caltech and UC Berkeley. The company develops advanced superconducting quantum processors, novel on-chip controls, microwave quantum networking architecture, and real-time dynamic control electronics. In July 2025, Anyon Technologies and BDx Data Centers launched Southeast Asia’s first hybrid quantum AI testbed at BDx’s SIN1 data center in Paya Lebar, Singapore, enabling startups, enterprises, and government agencies to explore quantum-enhanced AI applications. Anyon partnered with YQuantum to establish a European quantum testbed supporting application-driven research in AI, chemical engineering, and materials science. Anyon announced integration with NVIDIA CUDA-Q for hybrid quantum-classical computing. The company plans to expand hybrid quantum model across Asia including Indonesia, Hong Kong, and Taiwan.

AtlantiQ

AtlantiQ develops quantum cloud platforms and quantum software-as-a-service solutions. The company provides cloud access to quantum simulators and quantum computing resources for European researchers and businesses. AtlantiQ’s platform offers quantum algorithm development tools, simulation environments, and educational resources. The company focuses on making quantum computing accessible to Portuguese and Iberian Peninsula organizations. AtlantiQ collaborates with Portuguese universities and research institutions to develop quantum computing capabilities. Based in Lisbon, the company participates in European quantum computing initiatives and networks. AtlantiQ offers training programs and consulting services helping organizations develop quantum computing competencies. The platform supports both research applications and commercial quantum computing use cases.

Atos

Atos launched an ambitious quantum program in November 2016 to anticipate the future of quantum computing, developing the world’s most powerful commercially available quantum simulator called the Atos Quantum Learning Machine (QLM). As an international leader in digital transformation with over 110,000 employees in 73 countries, Atos has established itself as a leading provider of quantum computing services through global deployments of their QLM systems to prestigious research centers and universities in Austria, France, Germany, the UK, Netherlands, and United States. The company has formed strategic partnerships with quantum software companies like Zapata Computing to deliver end-to-end quantum computing solutions to enterprises, while maintaining a Quantum Advisory Board consisting of international experts, mathematicians, physicists, and Nobel Laureates including Alain Aspect and Serge Haroche to guide their quantum computing strategy and development efforts.

AWS

Amazon Web Services (AWS) provides Amazon Braket, a fully managed quantum computing service enabling researchers and developers to explore, evaluate, and experiment with quantum computing. Launched in 2019 and generally available in 2020, Amazon Braket offers access to quantum hardware from multiple providers including Rigetti’s 84-qubit Ankaa-2 processor (integrated 2024), IonQ, D-Wave, and Oxford Quantum Circuits. Amazon Braket hybrid jobs allow developers to execute hybrid quantum-classical algorithms combining quantum and classical computing resources. The service includes quantum circuit simulators, algorithm libraries, and development tools. AWS operates quantum computing through its cloud infrastructure, enabling customers to access quantum processors without managing physical hardware. Amazon Braket serves researchers, developers, and enterprises exploring quantum applications in optimization, machine learning, and scientific simulation.

Baidu Quantum

Baidu’s Institute of Quantum Computing, established in 2018, operates offices in Silicon Valley, Seattle, and Beijing, developing quantum computing software, algorithms, and cloud services. The Chinese tech giant provides quantum computing as a service through Baidu Quantum Platform, offers quantum programming frameworks and development tools, and focuses on quantum machine learning, optimization, and quantum chemistry applications for enterprise customers in the Chinese market.

Company Information

• Founded: 2018
• Country: China
• Website: https://quantum.baidu.com
• Categories: quantum software, quantum cloud

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Cisco Quantum Labs

Cisco Quantum Labs is Cisco Systems Inc.’s quantum networking research division established in Santa Monica and San Jose facilities, founded in 2021. In May 2025, Cisco formally opened its Quantum Labs facility in Santa Monica, unveiling industry-first quantum technologies including network-aware distributed quantum compiler enabling quantum algorithms across multiple networked processors, vendor-agnostic quantum networking framework, and prototype quantum entanglement chip developed with UC Santa Barbara generating one million entangled photon pairs per second at room temperature. Cisco’s quantum networking vision accelerates practical quantum computing applications from decades to 5-10 years, creating foundation for quantum internet. In September 2025, Cisco expanded its quantum networking software portfolio with enhanced network orchestration capabilities for quantum key distribution (QKD) networks, enabling enterprise-grade quantum-safe communications infrastructure and integration with existing network management systems for hybrid classical-quantum network deployments. Cisco Quantum Labs serves telecommunications operators, enterprises, government agencies, and cloud providers requiring quantum networking infrastructure.

Classiq

Classiq has revolutionized quantum software development with its groundbreaking platform that automatically synthesizes high-level functional models into optimized quantum circuits. Founded in 2020 by Nir Minerbi, Yehuda Naveh, and Amir Naveh, the company addresses one of quantum computing’s biggest challenges: translating complex algorithms into efficient quantum circuits. Classiq’s platform uses advanced synthesis algorithms to automatically generate, optimize, and analyze quantum circuits, dramatically reducing development time from months to days. The platform supports multiple quantum hardware backends and integrates with existing quantum development frameworks, enabling developers to focus on algorithm logic rather than low-level circuit optimization. In May 2025, Classiq raised $110 million in Series C funding, the largest ever for a quantum software company. In October 2025, Classiq was named to Fast Company’s annual Next Big Things in Tech list in the Computing, Chips and Foundational Technology category for transforming how organizations produce software for quantum computers, with Classiq technology being used by dozens of global enterprises and at over 400 universities. In October 2025, Comcast launched a quantum lab and began trials using quantum computing to improve broadband network management, partnering with D-Wave and Classiq to test applications such as traffic optimization and predictive issue resolution. Classiq has secured significant funding and partnerships with quantum hardware companies, cloud providers, and research institutions. Their technology has been adopted by organizations ranging from startups to Fortune 500 companies working on quantum applications in finance, chemistry, optimization, and machine learning. As quantum computers scale toward practical applications, Classiq’s software synthesis approach becomes increasingly critical for unlocking quantum advantage.

ComPro

ComPro is a prominent Istanbul-based IT system integrator specializing in high-performance computing (HPC) with expanding focus on quantum computing, headed by Abdurrahman Keklik. The company pursues a dual quantum strategy: short-term importation of IBM Quantum System Two to provide quantum services, while developing Turkey’s first indigenous quantum computer prototype for long-term technological independence. ComPro aims to produce the first prototype of the Turkish quantum computer before Turkey’s TEKNOFEST technology festival. As global protectionism increases, ComPro stresses the importance of localizing quantum technology, collaborating with international partners while simultaneously working on fully indigenous quantum computer development. The company positions Turkey to become self-sufficient in quantum computing capabilities.

D-Wave

In 2024-2025, D-Wave reported an 83% increase in bookings for its annealing quantum computing technology across the Asia Pacific region. The company’s flagship Advantage2 system employs over 5,000 qubits designed for solving complex combinatorial optimization problems, celebrating 25 years of quantum annealing development. D-Wave launched the fast-anneal feature, which allows users to perform quantum computations at unprecedented speeds, reducing the impact of external disturbances. Recent performance comparisons demonstrated that D-Wave’s Advantage2 prototype outperformed IBM’s gate-model quantum computer in solution quality and speed for optimization tests. Researchers successfully translated complex financial problems like currency arbitrage into formats suitable for rapid solution using quantum annealing on the Advantage2 computer. NTT DOCOMO achieved a 15% reduction in congestion at base stations through a quantum optimization pilot project in 2024 using D-Wave’s technology.

Dell Technologies

Dell Technologies Inc. is an American multinational computer technology company founded in 2016 through merger of Dell and EMC, headquartered in Round Rock, Texas. Dell provides computing infrastructure and cloud services supporting quantum-classical hybrid computing environments. The company explores quantum computing partnerships integrating quantum computing access into Dell enterprise infrastructure and cloud platforms. Dell collaborates with quantum computing providers enabling enterprise customers to access quantum resources through Dell infrastructure. Dell serves enterprise customers, data centers, and research institutions requiring high-performance computing infrastructure for quantum-classical hybrid workloads and quantum algorithm development. The company contributes to quantum computing infrastructure development providing enterprise-grade classical computing integrated with quantum computing access advancing quantum technology adoption in enterprise markets.

Fixstars Amplify

Fixstars Amplify is a Tokyo-based company established in 2021 offering a cloud platform tailored for combinatorial optimization problems integrating quantum annealing, Ising machines, and gate-model quantum computers. The platform includes an SDK and execution environment for Ising machines, automating logical model conversion, physical model conversion, and machine execution to make quantum annealing programming more accessible. Fixstars Amplify is compatible with its own Fixstars Amplify Annealing Engine (AE) and all available quantum annealing/Ising solvers, mathematical optimization solvers, and gate-based quantum computers. The GPU-based Amplify AE processes large-scale problems consisting of more than 100,000 bits at high speed. Since public availability in 2021, Amplify has processed more than 45 million user requests as of October 2024. Fixstars Amplify has been adopted in the Mitou Target Program since 2021, receiving positive feedback for SDK ease of use and performance. The platform offers Toshiba’s Quantum-Inspired Optimization Solution SQBM+™.

Fixstars Amplify AE

Fixstars Amplify is a cloud-based quantum computing platform that includes SDK and execution environment for Ising machines. Part of Fixstars Corporation, Amplify platform founded in 2021. In November 2024, collaboration between RIKEN, NTT, and Fixstars Amplify launched world’s first general-purpose optical quantum computer accessible through cloud system, advancing large-scale quantum calculations. The optical quantum computer operates at nearly room temperature with high-speed processing up to several hundred terahertz, using optical multiplexing for compact large-scale calculations with high compatibility for networked quantum systems. Fixstars Amplify compatible with not only Fixstars Amplify AE annealing machine, but also all available quantum annealing/Ising solvers, mathematical optimization solvers, and gate-based quantum computers. Platform used by over 400 companies and schools domestically and internationally for combinatorial optimization applications. Offers Toshiba’s Quantum-Inspired Optimization Solution SQBM+.

G42

G42 (Group 42 Holding Ltd) is an Abu Dhabi-based artificial intelligence development holding company founded in 2018, chaired by Tahnoon bin Zayed Al Nahyan from the UAE ruling family. G42 focuses on AI development across government, healthcare, finance, oil and gas, aviation, and hospitality sectors, with partnerships expanding into quantum computing. The company has formed quantum partnerships with Microsoft ($1.5 billion investment in April 2024), IonQ for quantum computing access at Abu Dhabi’s Quantum Research Center, D-Wave, and explored quantum potential through its subsidiary Inception Institute of Artificial Intelligence. In May 2025, G42 announced the Stargate UAE partnership with OpenAI, Oracle, NVIDIA, SoftBank, and Cisco to build a 5GW AI campus in Abu Dhabi. G42 is backed by world-class investors including Mubadala, SilverLake, Microsoft, and the Dalio Family Office, positioning UAE as a quantum and AI technology hub.

Groovenauts

Groovenauts is a Fukuoka-based company and one of Japan’s preeminent quantum pioneers, founded in 2012 by Eihiro Saishu and Kumiko Sasaki. The company developed MAGELLAN BLOCKS in 2016, a cloud service that enables companies across industries to use AI to solve hard business problems. In 2019, Groovenauts released the world’s first business optimization service using the D-Wave 2000Q quantum computer via the cloud, allowing customers to solve problems in scheduling, route planning, and more. More than 3,800 companies use over 12,500 AI models through Groovenauts. Notable projects include optimizing retail shifts in 130 stores across Japan and waste collection route optimization in Tokyo’s Marunouchi area with Mitsubishi Estate. MAGELLAN BLOCKS enables anyone, regardless of technical background, to harness the power of quantum computers.

Groovenauts, Inc.

Groovenauts is a Japanese cloud and AI company partnering with the Institute for Molecular Science on cold atom quantum computer commercialization platform development. The company focuses on building cloud infrastructure and software platforms to make quantum computing accessible to enterprises and researchers. Groovenauts brings extensive cloud computing expertise to Japan’s quantum computing ecosystem, bridging the gap between quantum hardware and practical commercial applications.

Company Information

• Founded: 2013
• Country: Japan
• Website: https://www.groovenauts.jp
• Categories: quantum software, quantum cloud

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HPE

Hewlett Packard Enterprise (HPE) is an American multinational enterprise information technology company founded in 2015 through split of Hewlett-Packard, headquartered in Houston, Texas. HPE provides high-performance computing infrastructure supporting quantum-classical hybrid computing through partnerships with quantum computing providers. The company integrates quantum computing access into HPE GreenLake cloud platform enabling hybrid quantum-classical workloads. HPE collaborates with quantum computing companies including IonQ and others providing enterprise quantum computing access through cloud services. HPE serves enterprise customers, government agencies, and research institutions requiring quantum computing access, high-performance computing infrastructure, and quantum-classical hybrid capabilities. The company advances quantum technology commercialization bringing quantum computing to enterprise markets through cloud-based quantum services and hybrid computing platforms.

Huawei Cloud Quantum

Huawei Cloud operates the HiQ Quantum Computing Cloud Platform with headquarters in Shenzhen. The platform provides cloud-based access to quantum computing simulators and quantum programming tools for developers and researchers. Huawei Cloud Quantum develops quantum algorithms and quantum-classical hybrid solutions for enterprise applications, contributing to China’s quantum computing ecosystem through cloud infrastructure.

Company Information

• Founded: 2018
• Country: China
• Website: https://www.huaweicloud.com/intl/en-us/product/hilens.html
• Categories: quantum cloud, quantum software

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IBM Quantum

In 2024-2025, IBM Quantum unveiled its 156-qubit Heron processor featuring a new architectural approach emphasizing modularity and error mitigation, achieving 16 times better performance and a 25-fold increase in speed over 2022 systems. At the inaugural IBM Quantum Developer Conference in 2024, IBM achieved accurate computations on circuits with 100 qubits and gate depths of 100 and 5,000 two-qubit gate operations in under a day’s runtime. IBM introduced multi-chip coupling innovations including ’l-couplers’ for linking distant chips via cables and ’m-couplers’ for tightly connecting adjacent chips, demonstrated with IBM Quantum Flamingo connecting two Heron R2 chips, with the production-ready Flamingo system expected in 2025. IBM’s roadmap extends to 2026 with the Kookaburra system demonstrating the first integration of logical qubit processing with quantum memory, and by 2028, the Starling system will operate 200 logical qubits requiring approximately 10,000 physical qubits using IBM’s efficient LDPC codes.

IBM Quantum Network

IBM Quantum Network is a global community of Fortune 500 companies academic institutions research laboratories and startups working with IBM to advance quantum computing launched in 2017. The network provides members with cloud access to IBM quantum computers quantum software development tools quantum education resources and quantum expertise. IBM Quantum Network includes over 200 member organizations across industries including finance healthcare automotive aerospace and technology sectors. Members collaborate on quantum research develop quantum applications and explore quantum use cases for business advantage. The network provides quantum computing access quantum programming tools Qiskit framework quantum education programs and quantum consulting services. IBM Quantum Network serves enterprises research institutions and startups requiring quantum computing access quantum expertise and quantum technology development advancing practical quantum applications and quantum computing adoption worldwide.

IonQ

In 2024-2025, IonQ raised approximately $372.6 million through an at-the-market equity offering (announced March 10, 2025), bringing the company’s cash balance to over $700 million. The company secured a major contract with Korea Institute of Science and Technology Information (KISTI) in July 2025 to deliver a 100-qubit quantum system for South Korea’s first National Quantum Computing Centre of Excellence. IonQ also signed a Memorandum of Understanding with Japan’s AIST to provide access to IonQ’s Forte-class quantum computers. At Quantum World Congress 2025, IonQ announced a groundbreaking advancement in quantum chemistry simulations with its quantum-classical auxiliary-field quantum Monte Carlo (QC-AFQMC) algorithm, demonstrating unprecedented precision in computing atomic-level forces with potential applications in drug discovery and climate change solutions. On October 7, 2025, IonQ completed the acquisition of Vector Atomic, a California-based quantum sensing company, in an all-stock transaction. The acquisition brought 75+ employees, scientists, engineers, and operators to IonQ, along with precision atomic clocks, inertial sensors, gravimeters, and synchronization hardware technology. Vector Atomic secured over $200 million in government contracts and holds 29 pending and issued patents in quantum sensing and timing. The acquisition expands IonQ’s portfolio from quantum computing into quantum sensing, timing, and navigation markets, with Vector Atomic’s technology delivering 1,000x improvement in GPS accuracy and picosecond-level timing precision for defense, aerospace, and commercial applications.

IQM

On September 3, 2025, IQM secured $320 million (€275 million) in a Series B funding round led by Ten Eleven Ventures and 55 North, bringing total capital to $600 million - the largest quantum computing funding outside the United States. IQM reached a significant production milestone by manufacturing 30 full-stack quantum computers at its facility in Espoo, Finland. The company deployed Poland’s first superconducting quantum computer at Wrocław University of Science and Technology, expected to become operational in Q2 2025. In early September 2025, IQM’s 5-qubit Spark system was installed at the Taiwan Semiconductor Research Institute in Taipei, marking the first fully integrated superconducting quantum computer in a Taiwanese research environment. IQM also made its 20-qubit quantum processing unit, IQM Garnet, available through Amazon Braket, marking the first time IQM’s quantum computers are accessible via cloud in a self-service, on-demand model and expanding Amazon Braket’s availability to the AWS Europe (Stockholm) Region.

Leibniz Rechenzentrum Quantum Integration Centre

Leibniz Rechenzentrum (LRZ) operates the Quantum Integration Centre which hosts Alpine Quantum Technologies’ ion-trap quantum computer, the first of its kind installed in a computing center as of 2024. LRZ integrates quantum computing resources with high-performance classical computing infrastructure to enable hybrid quantum-classical applications. This pioneering integration model demonstrates how research computing centers can provide users with seamless access to both quantum and classical computing resources through unified infrastructure and workflows.

Lumenisity

Lumenisity is a UK-based photonics company founded in 2017 as spinout from University of Southampton developing hollow core fiber technology for quantum communications and telecommunications. The company CoreSmart hollow core fibers enable ultra-low latency data transmission and enhanced security ideal for quantum key distribution (QKD) networks. Lumenisity was acquired by Microsoft in 2022 to advance hollow core fiber deployment for cloud and quantum networking infrastructure. The company technology reduces signal latency and improves data security compared to traditional solid core optical fibers. Lumenisity serves telecommunications operators, financial services, cloud providers, and quantum communication networks requiring ultra-fast secure data transmission. The company contributes to quantum communications infrastructure development advancing quantum-safe networking and quantum internet infrastructure.

Microsoft Azure Quantum

In February 2025, Microsoft unveiled its Majorana-1 chip, a semiconductor-based device that leverages topological qubits, marking a fundamental shift toward scalable quantum computing. The topological qubit is small enough to fit into a hand but powerful enough to be integrated into quantum computers deployed inside Azure data centers. In February 2024, DARPA selected Microsoft Azure Quantum to continue developing a utility-scale quantum computer based on topological qubits, with the next phase focusing on designing a prototype topological quantum computer. In June 2025, a Microsoft Quantum team detailed a novel approach to topological error correction, exploring the application of four-dimensional geometric codes to enhance performance and reduce resource requirements for building practical, fault-tolerant quantum computers. Microsoft and Atom Computing also demonstrated record-breaking entanglement with 24 logical qubits, and Microsoft partnered with Quantinuum to achieve 800x error reduction in logical qubits.

Oracle

Oracle Corporation is an American multinational computer technology corporation founded June 16 1977 headquartered in Austin Texas. QMware provider of hybrid quantum computing cloud services is working with Oracle and Nvidia to test and develop hybrid quantum computing service for enterprise customers. The test uses Oracle Cloud Infrastructure powered by Nvidia A100 Tensor Core GPU clusters as well as Nvidia CUDA Quantum open-source hybrid quantum computing platform. Oracle provides cloud infrastructure supporting quantum computing workloads and hybrid quantum-classical algorithms. Oracle serves enterprise customers requiring quantum-enhanced computational capabilities for optimization simulation and machine learning applications through cloud services and infrastructure supporting quantum technology integration.

ORCA Computing

ORCA Computing is a University of Oxford spinout founded in 2019 that develops photonic quantum computers using single photons and linear optical quantum computing, creating quantum systems that can operate at room temperature without requiring complex cryogenic cooling, focusing on near-term quantum applications in optimization and machine learning through their cloud-accessible photonic quantum processors, working to demonstrate quantum advantage in practical applications while building partnerships with enterprises and research institutions seeking photonic quantum computing solutions.

Perceval

Perceval is an open-source quantum photonic development toolkit developed by Quandela that offers a Python-based framework for simulating, designing, and experimenting with photonic quantum circuits and algorithms. Through a simple object-oriented Python API, Perceval provides tools for composing circuits from linear optical components, defining single-photon sources, manipulating Fock states, running simulations, and experimenting with new quantum algorithms. Interfaced with QPUs on Quandela cloud, enabling computations on actual photonic computers. In 2024, EuroHPC JU selected Quandela consortium for EuroQCS-France initiative, providing remote access to 12-qubit photonic quantum computer. Published in Quantum journal as open-source platform for discrete-variable photonic quantum computers. Partnership with OVHcloud makes Perceval available for developers to run quantum algorithms by simulating optical processors on OVH Cloud.

QDoor

QDoor provides quantum computing cloud services, quantum software development platforms, and quantum algorithms for Chinese enterprises and research institutions. The company offers quantum computing as a service (QCaaS) with access to superconducting quantum processors, develops quantum programming frameworks and tools, and focuses on applications in optimization, machine learning, financial modeling, and drug discovery for the Chinese market.

Company Information

• Founded: 2021
• Country: China
• Website: https://qudoor.com
• Categories: quantum software, quantum cloud

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QMware

QMware AG is a Munich-based hybrid quantum computing company founded in 2020 by Markus Pflitsch and George Gesek, providing the QMware Cloud platform that integrates quantum and classical computing resources. QMware follows a hybrid quantum computing approach, merging the best of classical and quantum hardware, offering quantum infrastructure as a service to enable unprecedented computing performance. In 2022, QMware was selected for a consortium to build Germany’s first quantum cloud for industry, commissioned by the Federal Ministry for Economic Affairs and Climate Action. QMware collaborated with QuiX Quantum to establish the world’s first fully integrated hybrid quantum computing data center in Enschede, Netherlands. The company provides services including quantum cloud computing, algorithm development, benchmarking, and quantum machine learning across business applications, research, and academia. QMware partners with Oracle to democratize quantum computing access.

Quantinuum

In 2024-2025, Quantinuum achieved several historic milestones with its H-series quantum computers. The company surpassed a quantum volume of one million (1,048,576 or 2^20) and later achieved 33.5 million, surpassing competitors by a factor of 16,000. Quantinuum achieved ’three 9’s’ (99.9%) 2-qubit gate fidelity in its commercial quantum computer. In collaboration with Microsoft, the company demonstrated the most reliable logical qubits to date, with error rates 800 times lower than corresponding physical circuit error rates, advancing Quantinuum’s System Model H2 to Microsoft’s Level 2—Resilient phase of quantum computing. With JPMorgan Chase, Quantinuum achieved a 100x improvement over existing industry benchmarks using the H2-1 quantum computer with 56 trapped-ion qubits, setting a new world record for the cross entropy benchmark. The company announced its next system, Helios, set to launch in 2025 with 96 qubits and enhanced computational capabilities expected by mid-2025. In August 2025, Quantinuum raised approximately $400 million in a Series B funding round at a valuation of $10 billion. The round included a $50 million investment from Quanta at $26.76 per share, marking a major milestone in quantum computing financing. This Series B positions Quantinuum as one of the highest-valued quantum computing companies globally and provides capital to advance the development of the Helios system and expand commercial quantum computing services.

QUDORA

QUDORA is a German quantum computing developer specializing in trapped-ion quantum computers using Near-Field Quantum Control (NFQC) technology. The company’s flagship NFQC technology relies on ions confined in electromagnetic traps and manipulated with finely tuned laser pulses, enabling room-temperature operation that reduces infrastructure costs compared to superconducting circuits requiring millikelvin temperatures. QUDORA’s compact, scalable architecture allows dozens of ions to be entangled in a single chip-scale module to create fault-tolerant quantum processors capable of running complex algorithms in minutes with cloud-based workflow compatibility. In September 2025, QUDORA announced a strategic collaboration with South Korean research institutions and technology partners to establish quantum computing research centers in Seoul and Daejeon, focusing on quantum applications for advanced materials, battery technology, and semiconductor manufacturing, positioning South Korea as a key market for QUDORA’s Asia-Pacific expansion strategy. In October 2025, QUDORA closed a strategic partnership with Kensho, a Taiwanese distributor, to accelerate quantum computing commercialization in Taiwan, combining QUDORA’s trapped-ion platform with Kensho’s deep ties to Taiwan’s precision-manufacturing sector to bring quantum-enhanced tools into laboratories, factories, and corporate data centers across Asia-Pacific. The alliance generated significant attention at SEMICON Taiwan 2025, targeting applications in semiconductor design, pharmaceutical research, and industrial optimization while expanding QUDORA’s presence beyond Europe into the strategically important Asia-Pacific market.

QuNorth

QuNorth was established with €80 million investment from the Export and Investment Fund of Denmark and the Novo Nordisk Foundation to procure, build and operate a quantum computer named Magne. The company aims to provide Nordic researchers and businesses with access to state-of-the-art quantum computing infrastructure. QuNorth represents Denmark’s national quantum computing initiative for advancing quantum technology research and commercialization.

Company Information

• Founded: 2024
• Country: Denmark
• Website: https://qunorth.dk
• Categories: quantum processors, quantum cloud

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Rigetti Computing

In 2024-2025, Rigetti Computing completed a $350 million at-the-market equity offering during Q2 2025, bolstering the company’s cash position to approximately $575 million with no debt. In December 2024, Rigetti launched its 84-qubit Ankaa-3 quantum processor, achieving record-high fidelity with a 99.0% median iSWAP gate fidelity and 99.5% median fSim gate fidelity. In 2025, Rigetti unveiled Cepheus-1-36Q, a 36-qubit multi-chip quantum computer now generally available, demonstrating a two-fold reduction in two-qubit gate error rate compared to the preceding Ankaa-3 system, achieving a median two-qubit gate fidelity of 99%. The company anticipates releasing a 100+ qubit system, also chiplet-based, with a target median two-qubit gate fidelity of 99.5% before the end of 2025. In collaboration with Riverlane and the National Quantum Computing Centre (NQCC), Rigetti won £3.5 million from Innovate UK to enhance quantum error correction capabilities on superconducting quantum computers.

SDT

SDT Inc. (Quantum Standard Technology) is a South Korean quantum technology company founded in 2017 with headquarters in Seoul, pioneering quantum computing, quantum cloud, quantum communication, and quantum sensing commercialization. Founded by CEO Jiwon Yune, who studied physics and electronic engineering at MIT and worked as a researcher at MIT-Harvard University Research Center and KIST Quantum Information Research Center, SDT is leading development of South Korea’s first full-stack quantum computer. In August 2024, SDT secured 10 billion KRW (approximately $7.5 million USD) in Pre-IPO investment from Shinhan Venture Investment to commercialize quantum computers, with milestones to develop a 64-qubit superconducting quantum computer by 2026 and photonic integrated circuit quantum computers by 2027. SDT is jointly developing quantum processing units based on silicon spin and diamond nitrogen-vacancy quantum technologies with Seoul National University and the Korea Institute of Science and Technology. The company is advancing South Korea’s National Strategy for Quantum Technology and building the domestic quantum ecosystem.

Strawberry Fields

Strawberry Fields is an open-source software framework developed by Xanadu for designing, simulating, and executing photonic quantum programs. Built as a full-stack Python library for light-based quantum computers, it’s the only full-stack Python library available for photonic quantum computers. Strawberry Fields includes a suite of world-class tools based on cutting edge algorithms to simulate photonic algorithms. It integrates seamlessly with the Xanadu Quantum Cloud, allowing users to build and submit quantum programs for execution on next-gen photonic hardware. Enterprises and researchers can access Xanadu’s photonic quantum computers through the Xanadu Quantum Cloud (XQC) service and Strawberry Fields application library. Both Strawberry Fields and PennyLane are open-source, cross-platform tools available on Github. Published in Quantum journal in 2019.

SuperQ Quantum Computing Inc.

SuperQ Quantum Computing develops a hybrid platform called “Super” that combines quantum annealing, gate-based quantum computing, and high-performance computing with a ChatGPT-like interface. The company aims to democratize quantum computing access by removing technical barriers for organizations and individuals to practically use quantum and supercomputing. SuperQ completed its first revenue contract in July 2025 through collaboration with D-Wave Quantum Inc. on agricultural quantum optimization and trades on the Canadian Securities Exchange under symbol QBTQ.

Tencent Quantum Lab

Tencent Quantum Lab is based in Shenzhen and intends to become the conduit of fundamental theory with practical applications in quantum information technology. The lab conducts research in quantum algorithms, quantum AI, quantum chemistry, and develops quantum computing cloud platforms. Tencent Quantum Lab collaborates with leading research institutions to advance quantum computing towards practical applications in China’s tech industry.

Company Information

• Founded: 2017
• Country: China
• Website: https://quantum.tencent.com
• Categories: quantum computing, quantum cloud

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Venturus Quantum CoE

Venturus, one of the largest science and technology institutes in Brazil, partnered with QuEra Computing in June 2024 to spearhead quantum innovation in Latin America. Central to partnership is newly inaugurated Center of Excellence (CoE) for Quantum at Venturus, serving as hub for developing innovative quantum computing projects. CoE aims to establish comprehensive quantum computing ecosystem in Brazil, fostering both training of skilled workforce and advancement of applied research. Partnership will develop quantum computing solutions specifically tailored to agriculture, finance, healthcare, logistics, and cybersecurity industries. Equipped with Dell server with 4 NVIDIA H100 GPUs, offering high computing power for quantum simulations. Part of QuEra Quantum Alliance and Open Quantum Institute with access to major institutions worldwide. Positions Venturus as key player bringing quantum computing advancements to Latin America.

Xanadu

In early 2025, Xanadu demonstrated Aurora, a significant advancement in photonic quantum computing featuring a modular and networked architecture that combines 35 photonic chips networked together via 13 kilometers of fiber optics to perform all essential functions for comprehensive quantum computing. In May 2025, Xanadu partnered with Applied Materials to develop high-volume fabrication processes for superconducting transition edge sensors, with teams planning to demonstrate a 300 mm platform by the end of 2025 to advance photonic quantum computing toward utility-scale applications. In March 2025, Xanadu and Corning partnered to develop low-loss optical fibre interconnects for photonic quantum computing chips, aiming to scale fault-tolerant quantum computers towards one million qubits. In June 2025, Xanadu opened a $10 million advanced photonic packaging facility in Toronto, Canada, to manufacture components for fault-tolerant quantum computers, addressing a critical gap in the Canadian quantum supply chain. In August 2025, Xanadu and HyperLight demonstrated waveguide losses below 2 dB/m in thin-film lithium niobate (TFLN) photonic chips.