1QBit

1QBit develops quantum software and applications for complex computational problems in finance, healthcare, and logistics, focusing on quantum-enhanced optimization algorithms and quantum machine learning techniques that provide practical advantages over classical approaches while offering consulting services to help enterprises integrate quantum computing into their operations.

Company Information

• Founded: 2012
• Country: Canada
• Website: https://1qbit.com
• Categories: quantum software, quantum consulting

Key People

Andrew Fursman (CEO), Landon Downs (Co-founder)

Investment Information

• Status: private
• Total Raised: $75M
• Last Valuation: $350M

Recent Funding Rounds

• 2021-09-14: series-b - $45M - Series B funding round
• 2018-03-20: series-a - $30M - Series A funding round

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Abe Quantum Solutions

Abe Quantum Solutions is a Canadian quantum communication company developing quantum key distribution systems and quantum secure communication networks for enterprise and government applications. The company specializes in practical quantum cryptography implementations, quantum network infrastructure, and secure quantum communication protocols for protecting sensitive data transmission. Abe Quantum provides consulting services for quantum security implementations and develops custom quantum communication solutions for organizations requiring the highest levels of security for their data transmission and communication networks, contributing to Canada’s quantum technology ecosystem and advancing quantum cryptography applications for critical infrastructure protection.

Ångström AI

Ångström AI is a Cambridge University spinout founded in 2024 by Javier Antoran, José Miguel Hernández-Lobato, and Laurence Midgley that develops GenAI-based molecular simulations to substitute wet lab experiments in pre-clinical drug development. The company combines quantum-accurate physics models with generative AI to enable biotech and pharmaceutical clients to verify drug candidate efficacy and safety using computer simulations that match wet lab accuracy while being over 100x faster. Ångström AI uses the MACE (multi-atomic cluster expansion) physics model to accurately reproduce quantum-mechanical interactions, with recent breakthrough research showing their simulations are the first to provide accuracy comparable to lab experiments when estimating hydration-free energies. The company accelerates MACE simulations using diffusion models to make them computationally affordable, backed by Y Combinator and founded by a team of 2 PhDs and 2 Professors from Cambridge who combined breakthroughs in quantum-accurate physics modeling with generative AI.

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.

BEIT

BEIT is an Israeli quantum computing applications company developing quantum solutions for cybersecurity, optimization, and enterprise applications in the Middle East and international markets. The company focuses on quantum algorithms for security applications, quantum-enhanced encryption systems, and quantum software solutions for government and enterprise customers seeking advanced computational capabilities. BEIT collaborates with Israeli defense and technology companies to develop quantum applications for national security, cybersecurity, and strategic computing applications, contributing to Israel’s quantum technology ecosystem and advancing practical quantum computing implementations for critical infrastructure protection and advanced analytics.

BosonQ Psi

BosonQ Psi (BQP) is India’s first quantum computing company focused on leveraging quantum algorithms to accelerate multiphysics simulations for industries including automotive, aerospace, energy, marine, and manufacturing. Founded by Abhishek Chopra (CEO), Rut Lineswala (CTO), and Jash Minocha (CFO), the company raised $3 million in seed funding in 2024, bringing total funding to $4.7 million led by Monta Vista Capital. BQP developed the proprietary BQPhy platform that uses quantum-inspired algorithms to achieve 10X acceleration on current high-performance computing systems with potential for 1000X acceleration on quantum computers. The company joined the Strangeworks Quantum Syndicate and provides quantum-powered simulation-as-a-service, reducing simulation times from months to days for complex engineering problems requiring advanced computational capabilities.

Boxcat

Boxcat is a Canadian quantum computing company developing quantum algorithms and machine learning applications for complex data analysis and optimization problems. The company specializes in quantum machine learning platforms, quantum data analytics tools, and hybrid quantum-classical algorithms for processing large datasets and solving optimization challenges that benefit from quantum computing advantages. Boxcat provides quantum software development services and creates custom quantum applications for clients in finance, healthcare, and technology sectors, focusing on quantum-enhanced data science and machine learning applications that can deliver computational advantages over classical approaches for specific problem domains.

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. 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.

CogniFrame Inc

CogniFrame Inc is a Canadian quantum software company developing quantum machine learning platforms and quantum artificial intelligence applications for enterprise customers. The company specializes in quantum-enhanced AI algorithms, quantum neural networks, and hybrid quantum-classical machine learning systems that can process complex datasets and optimization problems beyond the capabilities of classical computing systems. CogniFrame provides quantum AI consulting services and develops custom quantum machine learning solutions for clients in finance, healthcare, and technology sectors, focusing on applications where quantum computing can provide computational advantages in pattern recognition, optimization, and predictive analytics.

Compute Everything Technologies

Compute Everything Technologies is a Canadian quantum software company developing quantum simulation and computational tools for materials science applications, focusing on quantum algorithms for molecular modeling, materials discovery, and chemical simulation. The company provides quantum software platforms for researchers and enterprises in materials science, chemistry, and pharmaceutical industries seeking to leverage quantum computing advantages for complex molecular simulations and materials property calculations. Compute Everything Technologies specializes in quantum chemistry algorithms, materials simulation software, and consulting services for organizations developing new materials, catalysts, and chemical compounds using quantum-enhanced computational approaches.

CTQG

CTQG (Classical-To-Quantum Gateway) is a German quantum software company developing quantum algorithms and software tools for bridging classical and quantum computing systems. The company specializes in hybrid quantum-classical algorithms, quantum software development platforms, and quantum algorithm optimization for enterprises seeking to integrate quantum computing capabilities with existing classical computing infrastructure. CTQG provides consulting services and software solutions for organizations exploring quantum computing applications in optimization, machine learning, and scientific simulation, contributing to Germany’s quantum technology ecosystem and advancing practical quantum software implementations for industrial applications.

Kvantify

Kvantify is a Danish quantum software company founded in 2022, developing quantum and high-performance computing solutions for businesses with a particular focus on drug discovery and pharmaceutical applications. The company creates software platforms that make quantum computing capabilities accessible to enterprises seeking to leverage quantum advantages for complex computational challenges in life sciences, molecular modeling, and optimization problems. Kvantify provides consulting services and develops custom quantum applications for pharmaceutical companies, biotech firms, and research institutions working on drug development, protein folding prediction, and chemical compound analysis. The company contributes to Denmark’s quantum technology ecosystem by advancing practical quantum software implementations for industrial applications and making quantum computing tools more accessible to businesses in the Nordic region.

Moth Quantum

Moth Quantum (MOTH) is a London and Basel-based technology company founded in 2022, pioneering quantum computing applications in the creative industries by building quantum-powered products and services for media and entertainment. The company launched RECURSE, the world’s first quantum-powered AI music track created in collaboration with electronic artist ILĀ, using their proprietary Archaeo platform that combines generative AI with quantum machine learning. Led by CEO Ilana Wisby (former Oxford Quantum Circuits CEO who helped raise $100 million), founder Harry Kumar as Chief Creative Officer, IBM quantum veteran James Wooton as Chief Scientific Officer, and Spencer Topel as CTO, MOTH develops quantum-powered music production tools including synthesizers, generative music models, and advanced audio-processing technology. The company’s mission focuses on supporting and enhancing artists rather than replacing them, making quantum technology accessible to creative professionals and consumers.

OptQC

OptQC is a Japanese photonic quantum computing company founded in 2021, developing optical quantum computers using photonic qubits for quantum computing applications. The company focuses on building scalable photonic quantum computing systems that operate at room temperature using integrated photonics technology, offering advantages in networking capabilities and system integration compared to other quantum computing approaches. OptQC develops quantum software and algorithms optimized for photonic quantum computing platforms, targeting applications in optimization, machine learning, and quantum simulation for Japanese enterprises and research institutions. The company contributes to Japan’s national quantum technology initiative by advancing photonic quantum computing capabilities and collaborating with academic research institutions to commercialize quantum technologies for practical applications in finance, logistics, and scientific computing.

Q-CTRL

Q-CTRL is a leading quantum technology company specializing in quantum control infrastructure software that makes quantum computing hardware more stable, reliable, and useful. Founded in 2017 by Michael Biercuk, a quantum physicist from the University of Sydney, Q-CTRL has developed a comprehensive suite of quantum firmware and software tools that apply machine learning and control theory to reduce errors in quantum systems. The company’s products include Fire Opal for quantum circuit optimization, Black Opal for quantum computing education, and Boulder Opal for quantum control optimization. Q-CTRL’s technology has been validated on quantum computers from major providers including IBM, Google, and Rigetti, demonstrating significant improvements in quantum algorithm performance through error suppression and noise mitigation. The company serves customers ranging from quantum hardware developers to end-users seeking better quantum computing results. With partnerships across academia, government, and industry, Q-CTRL is positioned as a critical infrastructure provider in the quantum computing stack, helping bridge the gap between today’s noisy quantum devices and tomorrow’s fault-tolerant quantum computers.

QC Ware

QC Ware provides enterprise quantum computing software and consulting services through their Forge platform, enabling companies to develop and deploy quantum algorithms for optimization, machine learning, and simulation applications while offering quantum-ready solutions and quantum advantage assessments for businesses preparing for the quantum computing transition.

Company Information

• Founded: 2014
• Country: USA
• Website: https://qcware.com
• Categories: quantum software, quantum consulting

Key People

Stefan Woerner (CEO), Matt Johnson (Co-founder)

Investment Information

• Status: private
• Total Raised: $31.5M
• Last Valuation: $200M

Recent Funding Rounds

• 2021-02-24: series-b - $25M - Series B funding for quantum computing software and cloud services
• 2018-04-10: series-a - $6.5M - Series A funding round

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QpiAI

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QSimulate

QSimulate is a Cambridge-based quantum molecular simulation company founded in 2018 by Garnet Chan and Toru Shiozaki that develops cloud-based quantum chemical simulation tools for pharmaceutical, materials, and chemical companies. In August 2025, QSimulate partnered with Mitsui & Co. and Quantinuum to launch QIDO (Quantum-Integrated Discovery Orchestrator), a quantum-enabled chemistry platform that integrates QSimulate’s QSP Reaction software with Quantinuum’s InQuanto platform to enable high-precision chemical simulations. The company’s QSP platform enables customers to perform quantum chemical simulations modeling thousands of atoms with state-of-the-art quantum chemistry methods, enabling first-of-a-kind quantum simulations of ligand-protein interactions throughout the computational drug discovery pipeline. QSimulate has raised $11.34 million in total funding including a $2.5 million Series A round in 2023, with strategic partnerships including Japan Tobacco for small molecule drug discovery acceleration.

Quabacus

Quabacus is a quantum computing software company developing quantum algorithms and applications for complex optimization problems, focusing on quantum solutions for supply chain optimization, financial portfolio management, and resource allocation challenges. The company creates quantum software tools and consulting services for enterprises seeking to leverage quantum computing advantages in business optimization applications, working with Fortune 500 companies to implement quantum-enhanced solutions for logistics, scheduling, and decision-making processes. Quabacus provides quantum algorithm development services, quantum computing consulting, and hybrid classical-quantum optimization platforms that enable businesses to explore quantum computing benefits while integrating with existing enterprise systems and workflows.

QuantFi

QuantFi is a French research and development startup creating quantum computer algorithms specifically for the financial services industry, focusing on applications in risk analysis, portfolio optimization, derivatives pricing, and financial modeling. The company develops quantum algorithms for complex financial calculations that can benefit from quantum computing advantages, including Monte Carlo simulations, optimization problems, and risk assessment applications that are computationally intensive for classical systems. QuantFi provides consulting services and develops custom quantum finance solutions for banks, investment firms, insurance companies, and fintech companies seeking to explore quantum computing applications in financial services. The company contributes to France’s quantum technology ecosystem by advancing practical quantum applications in finance and developing quantum algorithms tailored for financial industry requirements.

Quantic

Quantic is a French quantum computing company developing quantum processors and quantum software solutions for European enterprises and research institutions. The company focuses on building quantum computing systems using advanced quantum technologies and provides quantum software development tools, quantum algorithms, and consulting services for organizations seeking to explore quantum computing applications. Quantic contributes to France’s quantum technology ecosystem by advancing quantum hardware and software capabilities, collaborating with French research institutions and enterprises to develop practical quantum computing solutions for optimization, simulation, and computational challenges in various industrial sectors.

Quantinuum

Quantinuum formed in 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum Computing to create the world’s largest integrated quantum computing company, combining industry-leading trapped-ion H-Series quantum computers with the highest quantum volume metrics alongside quantum software including lambeq, TKET, and InQuanto, employing over 480 people to deliver quantum advantage in cybersecurity, drug discovery, materials science, and financial modeling. In May 2025, Invest Qatar formalized a partnership with Quantinuum to develop Qatar’s quantum computing ecosystem, supporting Quantinuum’s regional expansion and establishing Qatar as a strategic hub for quantum computing development in the Middle East.

Quantum-South

Quantum-South is a Uruguay-based quantum computing company founded in 2019, specializing in quantum applications for logistics optimization and financial modeling in Latin America. The company develops quantum algorithms and software solutions for complex optimization problems in supply chain management, portfolio optimization, risk analysis, and route optimization that can benefit from quantum computing advantages. Quantum-South provides quantum consulting services and develops quantum software applications tailored for Latin American markets, working with enterprises to implement quantum-enhanced solutions for business optimization challenges. The company represents one of the pioneering quantum technology companies in Latin America, contributing to the region’s quantum computing ecosystem by advancing practical quantum applications in finance and logistics while building quantum expertise and capabilities in Uruguay and broader Latin American markets.

Rigetti Computing

Rigetti Computing operates as a full-stack quantum computing company founded by Chad Rigetti in 2013, manufacturing superconducting quantum processors at their Fremont foundry while providing cloud access through Forest and PyQuil development tools, going public via SPAC in 2021 with partnerships including NASA and the Department of Energy to focus on hybrid quantum-classical applications in optimization, machine learning, and simulation. In 2024-2025, Rigetti announced a landmark partnership with Quanta Computer, the world’s largest laptop manufacturer, involving over $100 million in commitments from each party over five years, with Quanta making a direct $35 million strategic investment in Rigetti to jointly develop quantum computing systems and expand market access in Asia. The company is collaborating with QphoX and the UK’s National Quantum Computing Centre (NQCC) on a 33-month program to develop novel optical readout technology for superconducting qubits, aiming to improve scalability and reduce hardware complexity. Rigetti also established a partnership with India’s Centre for Development of Advanced Computing (C-DAC) to advance quantum computing research and applications in India, and secured a contract with the Air Force Research Laboratory (AFRL) for quantum networking research. In September 2025, Rigetti announced $5.7 million in quantum computing system orders, demonstrating growing commercial demand for their technology.

Riverlane

Riverlane is a pioneering quantum computing software company focused on developing quantum error correction and operating system technologies essential for fault-tolerant quantum computing. Founded in 2016 by Steve Brierley, the company has built Deltaflow, a comprehensive quantum software platform that provides the classical infrastructure needed to control and manage quantum computers at scale. Riverlane’s technology addresses one of quantum computing’s most critical challenges: managing the complex classical computation required for quantum error correction in real-time. The company’s approach involves building specialized hardware and software systems that can process the massive amounts of syndrome data generated by quantum error correction codes. Riverlane has established partnerships with major quantum hardware companies and research institutions, working to standardize quantum error correction protocols and develop the software infrastructure for million-qubit quantum computers. As the quantum industry moves toward fault-tolerant systems, Riverlane’s expertise in quantum error correction positions them as a crucial enabler of practical quantum computing applications.

SandboxAQ

SandboxAQ is an enterprise quantum and AI company spun out of Alphabet in 2022, focusing on commercially viable applications that leverage quantum physics and quantum-inspired technologies. Led by CEO Jack Hidary, the company has secured $500 million in funding to develop quantum solutions for simulation, optimization, sensing, and cryptography applications. SandboxAQ’s approach combines quantum computing, quantum sensing, and AI to solve complex problems across industries including pharmaceuticals, materials science, telecommunications, and financial services. The company offers quantum-ready cryptography solutions to help organizations prepare for the post-quantum cryptography era, as well as quantum simulation platforms for drug discovery and materials research. SandboxAQ’s customer base includes large enterprises and government agencies seeking to leverage quantum technologies for competitive advantage. The company’s combination of quantum expertise, enterprise focus, and significant financial backing positions it as a major player in the commercialization of quantum technologies across multiple sectors.

Strangeworks

Strangeworks operates a comprehensive quantum computing platform that provides unified access to quantum hardware from multiple providers while offering educational resources, development tools, and community features to democratize quantum computing access for developers, researchers, and students worldwide.

Company Information

• Founded: 2017
• Country: USA
• Website: https://strangeworks.com
• Categories: quantum software, quantum education

Key People

whurley (William Hurley) (Founder, CEO)

Investment Information

• Status: private
• Total Raised: $24M
• Last Valuation: $150M

Recent Funding Rounds

• 2021-07-20: series-a - $20M - Series A funding round
• 2019-05-28: seed - $4M - Seed funding round

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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.

Terra Quantum

Terra Quantum provides quantum-as-a-service solutions and develops quantum algorithms for enterprise applications, offering cloud-based access to quantum computing resources and consulting services to help organizations leverage quantum technologies for solving complex optimization, simulation, and machine learning problems across various industries.

Company Information

• Founded: 2019
• Country: Switzerland
• Website: https://terraquantum.swiss
• Categories: quantum software, quantum consulting

Key People

Markus Pflitsch (Founder, CEO), Valerii Vinokur (Chief Science Officer)

Investment Information

• Status: private
• Total Raised: $120M
• Last Valuation: $450M

Recent Funding Rounds

• 2024-06-05: series-b - $75M - Series B funding for quantum algorithms and cloud platform
• 2022-09-20: series-a - $45M - Series A funding round

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Tokyo Quantum Computing

Tokyo Quantum Computing develops integrated quantum hardware and software solutions combining superconducting quantum processors with quantum development tools and algorithms, focusing on advancing Japan’s quantum computing capabilities through full-stack quantum systems for research institutions and commercial applications in optimization and machine learning.

Company Information

• Founded: 2020
• Country: Japan
• Website: https://tokyoquantum.com
• Categories: quantum processors, quantum software

Key People

Unknown

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Xanadu

Xanadu is a leading photonic quantum computing company that has pioneered the development of room-temperature, networkable quantum computers using squeezed light and integrated photonics. Founded in 2016, the company has developed the X-Series of photonic quantum computers, including the 216-mode Borealis system that demonstrated quantum computational advantage in Gaussian boson sampling by completing tasks in 36 microseconds that would take classical computers over 9,000 years. Xanadu’s unique approach uses continuous-variable quantum computing with photons, offering advantages in networking capabilities and room-temperature operation compared to other quantum technologies. The company is also the creator of PennyLane, an open-source quantum machine learning library that has become a standard tool for quantum-classical hybrid algorithms, used by researchers and developers worldwide. Xanadu operates Xanadu Quantum Cloud, providing programmatic access to their quantum hardware and simulators including Borealis through Amazon Braket. With significant funding and partnerships spanning academia, government, and industry, Xanadu is positioned at the forefront of photonic quantum computing and quantum machine learning applications.