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Overview
HQS Quantum Simulations is developing quantum algorithms to predict molecular properties for performance materials, specialty chemicals and pharmaceutical companies.
The development of specialty chemicals, performance materials, agrochemicals and pharmaceuticals is an iterative, time-consuming and often very expensive process: Designing products based on functional molecules, formulations or solid-state compounds requires many – often hundreds – subsequent synthesis, formulation and testing steps to yield the desired specifications. Simulations are a powerful tool to decrease the time-to-market and decrease cost for R&D and product development cycles, but can’t be used in an efficient way in many cases or is simply not advanced enough to tackle certain problems. Shifting from conventional to quantum computers promises to overcome these hurdles, but is not yet available for the chemical and pharmaceutical industry.
About
Pharmaceutical, Chemical
2017
11-50
Headquarters locations
Europe
Social
N/A
Profile Resume
HQS Quantum Simulations headquartered in Europe, operates in the Pharmaceutical, Chemical sector. The company focuses on Pharmaceutical and has secured $387.1M in funding across 24 round(s). With a team of 11-50 employees, HQS Quantum Simulations is actively contributing to advancements in Pharmaceutical. Their latest funding round, Seed Round - HQS Quantum Simulations, raised $13.6M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
4
0
$16.1M
Details
3
HQS Quantum Simulations has raised a total of $16.1M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2018 | Seed | |||
2019 | Seed | 2.6M | ||
2022 | Seed | 13.6M |
Investors
HQS Quantum Simulations is funded by 14 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
UVC Partners | - | FUNDING ROUND - UVC Partners | 13.6M |
Matterwave Ventures | - | FUNDING ROUND - Matterwave Ventures | 13.6M |
HQS Quantum Simulations | - | FUNDING ROUND - HQS Quantum Simulations | 13.6M |
Quantonation | - | FUNDING ROUND - Quantonation | 13.6M |
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