HQS Quantum Simulations

HQS Quantum Simulations

Signal active

Organization

Contact Information

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

Industries

Pharmaceutical, Chemical

Founded

2017

Employees

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.

Employees

imagePlace Michael Marthaler

Michael Marthaler

CEO & Co-Founder

imagePlace Iris (Conradi) Schwenk

Iris (Conradi) Schwenk

COO, R&D and Co-Founder

Funding Rounds

Funding rounds

3

Investors

4

Lead Investors

0

Total Funding Amount

$16.1M

Details

3

HQS Quantum Simulations has raised a total of $16.1M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2018Seed
2019Seed2.6M
2022Seed13.6M

Investors

HQS Quantum Simulations is funded by 14 investors.

Investor NameLead InvestorFunding RoundPartners
UVC Partners-FUNDING ROUND - UVC Partners13.6M
Matterwave Ventures-FUNDING ROUND - Matterwave Ventures13.6M
HQS Quantum Simulations-FUNDING ROUND - HQS Quantum Simulations13.6M
Quantonation-FUNDING ROUND - Quantonation13.6M

Recent Activity

There is no recent news or activity for this profile.