Quantinuum
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $270m | Convertible | |
* | N/A | Merger | |
* | $25.0m | Late VC | |
* | N/A | $52.0m | Late VC |
* | $300m Valuation: $5.3b | Late VC | |
Total Funding | €588m |
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EditQuantinuum is a full-stack quantum computing company that provides both software and hardware solutions to customers. Its hardware, the Quantinuum H1-1, is designed to run any quantum software, while its software and applications function universally on any quantum hardware. It is the first company to bring quantum-computing-hardened encryption keys to the device level, allowing customers to secure their data from current and advancing cybersecurity threats.
Quantinuum also offers a unique open-access, architecture-independent quantum software stack and best-in-class development platform, TKET™, which allows software developers and algorithm designers to develop quantum circuits across platforms. Its quantum computer was the first to pass the Quantum Volume 32,768 benchmark, delivering 10X the quantum performance each year.
Quantinuum is pushing the boundaries of quantum computing to solve the world’s intractable problems, such as rapid pharmaceutical development, new molecule and materials design, supply chain optimization, and more. It has offices in Cambridge, Oxford, London, and Brooklyn.
Quantinuum is different from other businesses in the quantum computing industry because it is the first to bring quantum-computing-hardened encryption keys to the device level, and it is the only company that provides both hardware and software solutions. It is also the first to pass the Quantum Volume 32,768 benchmark, delivering 10X the quantum performance each year.
The company makes a profit by selling its hardware and software solutions to customers, as well as providing services such as consulting, training, and support.