Appendix 2 - Quantum Computer companies

Companies directly involved in the development of Quantum Computer technology for AI and other applications, include:

1QBit

Brief description of the technology architecture: 1QBit is a software company that develops quantum computing tools for the finance, healthcare, and energy sectors. They use quantum-inspired algorithms and classical computing techniques to solve complex optimization, simulation, and machine learning problems.

Brief description of the technology applications: 1QBit provides quantum software development tools for solving complex problems in various industries such as finance, healthcare, energy, and logistics. Their technology is aimed at developing tools that help businesses optimize their decision-making processes.

Founders: Andrew Fursman, Landon Downs, Demian Zivkovic, Davide Venturelli

Founded: 2012

Startup funding: $45.9 million

Total investments to date: $45.9 million

Lead investors: Fujitsu, Accenture, CME Ventures, Allianz, The Royal Bank of Scotland

Head office Location: Vancouver, Canada

Current status: Privately held

Website: https://1qbit.com/

Atos Quantum

Brief description of the technology architecture: Atos Quantum provides quantum computing as a service (QCaaS) based on a software platform that supports different quantum hardware technologies, including gate-based quantum computers and quantum annealers.

Brief description of the technology applications: Atos Quantum focuses on developing quantum algorithms and applications for finance, energy, logistics, pharmaceuticals, and other industries.

Founders: Not applicable (Atos Quantum is a division of Atos SE, a French multinational information technology services and consulting company.)

Founded: Atos Quantum was launched in 2016 as a division of Atos SE.

Startup funding: Not applicable (Atos Quantum is a division of Atos SE, which is a publicly traded company on the Euronext Paris stock exchange.)

Total investments to date: Not applicable (Atos Quantum is a division of Atos SE, which does not disclose funding or investment details for its divisions.)

Lead investors: Not applicable (Atos Quantum is a division of Atos SE, which is a publicly traded company on the Euronext Paris stock exchange.)

Head office Location: Bezons, France

Current status: Atos Quantum is an active division of Atos SE.

Website: https://atos.net/en/solutions/atos-quantum

Cambridge Quantum Computing

Brief description of the technology architecture: Cambridge Quantum Computing (CQC) focuses on developing software to be run on quantum computers, with the aim of solving problems that are currently beyond the capabilities of classical computers. CQC's primary focus is on developing software for quantum chemistry, optimization, and machine learning applications.

Brief description of the technology applications: CQC's technology has the potential to solve a wide range of problems, from optimizing financial portfolios and logistics networks to discovering new materials and drugs. The company is also working on developing more advanced cryptographic protocols that can be run on quantum computers.

Founders: CQC was founded in 2014 by Ilyas Khan, who currently serves as the company's CEO.

Founded: 2014

Startup funding: CQC has raised a total of $95 million in funding to date.

Total investments to date: $95 million

Lead investors: CQC's investors include Honeywell, IBM, and several other venture capital firms.

Head office Location: Cambridge, United Kingdom

Current status: Active

Website: https://www.cambridgequantum.com/

D-Wave Systems

Brief description of the technology architecture: D-Wave Systems is a Canadian quantum computing company that builds and sells quantum computers based on a type of architecture called quantum annealing. Quantum annealing is a method for finding the minimum energy state of a given problem by mapping it to the energy landscape of a physical system and then cooling the system to its ground state. D-Wave's quantum annealing machines are made up of superconducting qubits that are cooled to near absolute zero temperatures and controlled by microwave pulses.

Brief description of the technology applications: D-Wave's quantum computers are designed to solve optimization problems that are difficult or impossible for classical computers to solve in a reasonable amount of time. Some of the application areas include machine learning, drug discovery, financial modeling, logistics optimization, and cybersecurity.

Founders: Geordie Rose, Haig Farris, Bob Wienskowski, Alexandre Zagos

Products: D-Wave One, D-Wave Two

Commercial customers:  Google, NASA, Lockheed Martin

Founded: 1999

Startup Funding: D-Wave's initial funding came from a number of sources, including angel investors, venture capital firms, and government grants. The company's first round of funding was led by Draper Fisher Jurvetson, and included investments from Goldman Sachs and other investors. In total, D-Wave has raised over $200 million in funding.

Total investments to date: Over $200 million

Startup Funding: D-Wave's initial funding came from a number of sources, including angel investors, venture capital firms, and government grants. The company's first round of funding was led by Draper Fisher Jurvetson, and included investments from Goldman Sachs and other investors. In total, D-Wave has raised over $200 million in funding.

Total investments to date: Over $200 million

Lead Investors: Draper Fisher Jurvetson, Goldman Sachs, BDC Venture Capital, Fidelity Investments, In-Q-Tel

Head Office Location: Burnaby, British Columbia, Canada

Company status: Private

Website: https://www.dwavesys.com/

Entropica Labs

Brief description of the technology architecture: Entropica Labs is a quantum computing software company that provides solutions for developing and running quantum algorithms on existing quantum hardware. Their software stack includes a quantum simulation engine and a suite of tools for algorithm design, optimization, and validation.

Brief description of the technology applications: Entropica Labs' technology has applications in fields such as finance, drug discovery, and optimization problems.

Founders: Tommaso Demarie, Tommaso Tufarelli, and Marco Lanzagorta

Founded: 2018

Startup funding: Entropica Labs has raised over $1.8 million in funding to date.

Total investments to date: $1.8 million

Lead investors: Entrepreneur First, Wavemaker Partners

Head office Location: Singapore

Current status: Current status: Active

Website: https://www.entropicalabs.com/

Google Quantum AI

Brief description of the technology architecture: Google Quantum AI is developing quantum computing technology that uses qubits to perform complex calculations exponentially faster than classical computers. Their current approach is based on superconducting qubits, which are cooled to near absolute zero and controlled through microwave pulses.

Brief description of the technology applications: Google Quantum AI's technology has potential applications in fields such as cryptography, drug discovery, and optimization problems.

Founders: Google Quantum AI is part of Google and does not have a separate set of founders.

Founded: Google Quantum AI was formally established in March 2020, although Google has been working on quantum computing since 2006.

Startup funding: Google Quantum AI is part of Google, which is a subsidiary of Alphabet Inc., a publicly traded company that has no specific funding rounds.

Total investments to date: Not applicable, as Google Quantum AI is part of Google and does not have separate funding.

Lead investors: Not applicable, as Google Quantum AI is part of Google and does not have separate funding.

Head office Location: Santa Barbara, California, USA.

Current status: Google Quantum AI is an active division of Google.

Website: https://quantumai.google/

Honeywell Quantum Solutions

Brief description of the technology architecture: Honeywell's quantum computing technology is based on trapped ion architecture, which is designed to provide high-fidelity qubits and low error rates. Honeywell uses precision control over individual atoms in order to create a quantum computer with high performance and scalability.

Brief description of the technology applications: Honeywell's quantum computing technology has the potential to solve complex optimization and simulation problems that classical computers are not capable of solving. The company is focused on developing applications in chemistry, finance, logistics, and more.

Founders: Not applicable (Honeywell is a well-established multinational corporation).

Founded: 1906

Startup funding: Not applicable (Honeywell is an established corporation).

Total investments to date: Not publicly available.

Lead investors: Not applicable (Honeywell is an established corporation).

Head office Location: Charlotte, North Carolina, USA.

Current status: Active and continuing to invest in the development of quantum computing technology.

Website: https://www.honeywell.com/us/en/products/quantum-computing

IBM Quantum division

Brief description of the technology architecture: IBM Quantum division focuses on developing and providing access to quantum computing systems, hardware, and software. The company's quantum computers are based on superconducting qubits and operate using quantum circuits and algorithms.

Brief description of the technology applications: IBM Quantum division aims to provide solutions for solving complex computational problems that are beyond the capabilities of classical computers. These solutions are applicable in a variety of industries, including finance, energy, logistics, and more. Potential applications include optimizing supply chains, developing new materials and chemicals, and enhancing financial modeling and risk management.

Founders: IBM was founded by Charles Ranlett Flint in 1911. However, the IBM Quantum division was established much later, and its development and research were led by a team of scientists and engineers, including Jay Gambetta, Jerry Chow, and Andrew Cross.

Founded: IBM was founded in 1911. However, the IBM Quantum division was established in 2016.

Startup funding: IBM Quantum division is a subsidiary of IBM, which is a publicly traded company, so it did not go through the traditional startup funding process.

Total investments to date: As a subsidiary of IBM, the specific investment and funding information for the IBM Quantum division is not publicly available.

Lead investors: IBM Quantum division is a subsidiary of IBM, which is a publicly traded company and does not have lead investors in the traditional sense.

Head office Location: The IBM Quantum division is located in Yorktown Heights, New York, United States.

Current status: IBM Quantum division is a subsidiary of IBM, which is currently a publicly traded company and a leading player in the technology industry.

Website: https://www.ibm.com/quantum-computing/

IonQ

Brief description of the technology architecture: IonQ develops quantum computers that rely on trapped ions as qubits. Their systems use laser pulses to manipulate the qubits, and the trapped ions are suspended in a vacuum chamber to minimize environmental interference.

Brief description of the technology applications: IonQ's quantum computers are primarily used for applications in optimization, simulation, and machine learning. They are also exploring potential applications in chemistry and material science.

Founders: Chris Monroe and Jungsang Kim

Founded: 2015

Startup funding: $26 million (as of 2021)

Total investments to date: $225 million (as of 2021)

Lead investors: Samsung Catalyst Fund, GV, and Amazon Web Services

Head office Location: College Park, Maryland, United States

Current status: Private

Website: https://ionq.com/

PsiQuantum

Brief description of the technology architecture: PsiQuantum is developing a photonic quantum computer with a unique approach that combines classical computing with quantum computing. The company uses silicon photonics technology, which is designed to scale up to one million qubits.

Brief description of the technology applications: PsiQuantum aims to build a fault-tolerant, universal quantum computer that can solve complex problems that are not tractable for classical computers. The company's focus is on applications in the areas of chemistry, materials science, optimization, and machine learning.

Founders: Chris Monroe and Jungsang Kim

Founded: 2016

Startup funding: $665 million

Total investments to date: $665 million

Lead investors: BlackRock, Founders Fund, Baillie Gifford, Atomico, Lux Capital, and others

Head office Location: Palo Alto, California

Current status: Private

Website: https://www.psiquantum.com/

Q-CTRL

Brief description of the technology architecture: Q-CTRL is a quantum control software company that provides hardware-agnostic solutions for quantum computers. Its software is designed to stabilize the quantum hardware by mitigating environmental noise and errors that occur during computation.

Brief description of the technology applications: Q-CTRL's solutions are used to improve the performance of quantum hardware, enabling the development of more robust and reliable quantum computing applications across various industries, such as finance, materials science, and drug discovery.

Founders: Professor Michael Biercuk

Founded: 2017

Startup funding: Q-CTRL has raised a total of $22.8 million in funding over 3 rounds.

Total investments to date: $22.8 million

Lead investors: Square Peg Capital, Sierra Ventures, Sequoia Capital China

Head office Location: Sydney, Australia

Current status: Private

Website: https://q-ctrl.com/

Qilimanjaro Quantum Tech S.L.

Brief description of the technology architecture: Qilimanjaro Quantum Tech develops quantum computing hardware based on trapped-ion technology. Their architecture uses individually trapped ions as qubits, which are manipulated using lasers.

Brief description of the technology applications: The company is focused on building a scalable quantum computer that can be used for a range of applications, including quantum chemistry simulations, optimization, and machine learning.

Founders: José Ignacio Latorre and Artur García-Sáez

Founded: 2018

Startup funding: €2.5 million

Total investments to date: N/A

Lead investors: Kibo Ventures, JME Venture Capital, and Tech Transfer UPV

Head office Location: Valencia, Spain

Current status: Active

Website: https://qilimanjaro.com/

Quantum Brilliance

Brief description of the technology architecture: Quantum Brilliance is developing a diamond-based quantum computing technology architecture that aims to be more reliable and robust than traditional quantum computing architectures. The company's platform uses diamond-based qubits, which are naturally stable and can operate at room temperature, allowing for easier integration with existing hardware and systems.

Brief description of the technology applications: Quantum Brilliance is developing its diamond-based quantum computing technology for a range of applications, including drug discovery, materials science, and cryptography.

Founders: Marcus Doherty, Andrew Horsley, and Jens Barthel.

Founded: 2019

Startup funding: Quantum Brilliance has raised AUD 4.5 million in seed funding.

Total investments to date: AUD 4.5 million.

Lead investors: Main Sequence Ventures, which is backed by the Australian government, and the venture capital firm Sierra Ventures.

Head office Location: Canberra, Australia.

Current status: Active and privately held.

Website: https://quantumbrilliance.com/

Quantum Motion

Brief description of the technology architecture: Quantum Motion is developing a hybrid quantum-classical architecture for building quantum processors and simulation tools. The company is working on combining microwave and photonic qubits into a single device to enable scaling of quantum processors.

Brief description of the technology applications: Quantum Motion is developing quantum processors for applications such as quantum chemistry simulations, optimization problems, and machine learning. The company is also working on building software tools to improve the performance and scalability of quantum hardware.

Founders: Dan Browne, Simon Benjamin, and Viv Kendon

Founded: 2019

Startup funding: Quantum Motion raised $5.5 million in a seed funding round in 2019.

Total investments to date: Not available

Lead investors: Not available

Head office Location: Bristol, UK

Current status: Quantum Motion is a privately held company and its current status is not publicly disclosed.

Website: https://www.quantum-motion.com/

QuTech Delft

Brief description of the technology architecture: QuTech Delft is involved in research and development of various types of quantum technology, including quantum computing, quantum communication, and quantum sensing. The institute focuses on building scalable and fault-tolerant quantum hardware and software, with the goal of realizing quantum advantage on real-world problems.

Brief description of the technology applications: The technology being developed at QuTech Delft has the potential to revolutionize many industries, from finance and logistics to pharmaceuticals and materials science. For example, quantum computers could be used to optimize logistics operations, simulate complex chemical reactions, and develop new materials with unique properties.

Founders: QuTech was founded by Leo Kouwenhoven and Ronald Hanson in 2013.

Founded: 2013

Startup funding: QuTech is not a startup, but rather a research institute funded by the Dutch government and private companies.

Total investments to date: Not applicable

Lead investors: Not applicable

Head office Location: Delft, Netherlands

Current status: QuTech is not a company, but rather a research institute and collaboration between the Delft University of Technology, TNO, and private companies.

Website: https://qutech.nl/

Rahko

Brief description of the technology architecture: Rahko is a quantum machine learning startup that focuses on developing software tools for quantum computing. Their technology architecture includes building machine learning models that run on quantum computers using quantum algorithms and hybrid classical-quantum computing techniques.

Brief description of the technology applications: Rahko's technology applications include drug discovery, material science, and optimization problems. They aim to improve the accuracy and speed of machine learning models in these domains by leveraging the power of quantum computing.

Founders: Leonard Wossnig (CEO) and Edward Grant (CTO)

Founded: 2018

Startup funding: $4.6 million (as of August 2021)

Total investments to date: $4.6 million (as of August 2021)

Lead investors: Balderton Capital, Manta Ray Ventures, and Oxford Sciences Innovation

Head office Location: London, UK

Current status: Active

Website: https://rahko.ai/

Rigetti Computing

Brief description of the technology architecture: Rigetti Computing is a quantum computing company that uses superconducting qubits to build quantum processors. They also provide a cloud-based software platform for developing and running quantum algorithms.

Brief description of the technology applications: Rigetti Computing's quantum processors can be used for a variety of applications, including optimization problems, machine learning, and chemistry simulations.

Founders: Chad Rigetti

Founded: 2013

Startup funding: $219 million

Total investments to date: $219 million

Lead investors: Andreessen Horowitz, Vy Capital, Y Combinator

Head office Location: Berkeley, California, USA

Current status: Active

Website: https://www.rigetti.com/

Riverlane

Brief description of the technology architecture: Riverlane is developing an operating system called Deltaflow that helps to optimize the performance of quantum computers. Deltaflow is designed to manage the different types of hardware used in quantum computing, as well as to enable the creation of complex quantum algorithms.

Brief description of the technology applications: Riverlane's technology has the potential to enable the development of new drugs, materials, and chemicals, as well as to improve financial modelling and logistics optimization.

Founders: Steve Brierley

Founded: 2017

Startup funding: $20 million

Total investments to date: $20 million

Lead investors: Draper Esprit, Oxford Sciences Innovation, Cambridge Innovation Capital, and Amadeus Capital Partners

Head office Location: Cambridge, UK

Current status: Private

Website: https://www.riverlane.com/

SeeQC

Brief description of the technology architecture: SeeQC is a quantum computing company that has developed an innovative approach to qubit design using superconducting materials. The company's technology architecture combines a hybrid superconducting circuit with a closed-loop control system to enable high-fidelity quantum operations.

Brief description of the technology applications: SeeQC's technology has potential applications in quantum computing, quantum simulation, and quantum sensing. The company is focused on developing a scalable and reliable quantum computer that can be used for practical applications.

Founders: The company was founded by CEO John Levy and CTO Matt Hutchings.

Founded: 2019

Startup funding: SeeQC has raised $5 million in seed funding as of 2021.

Total investments to date: $5 million

Lead investors: BlueYard Capital, Cambium, and Hike Ventures

Head office Location: Elmsford, New York, USA

Current status: SeeQC is a private company and is currently in the early stages of developing its technology.

Website: https://www.seeqc.io/

Xanadu

Brief description of the technology architecture: Xanadu is a Canadian-based quantum computing company that focuses on developing photonic quantum computers using a technology called "continuous-variable quantum computing." The architecture uses quantum optics to manipulate the quantum states of light.

Brief description of the technology applications: Xanadu's photonic quantum computers are designed for various quantum applications, such as quantum machine learning, quantum chemistry simulations, and quantum cryptography.

Founders: Christian Weedbrook and Peter Wittek

Founded: 2016

Startup funding: $41 million

Total investments to date: $41 million

Lead investors: OMERS Ventures, Georgian Partners, Radical Ventures

Head office Location: Toronto, Canada

Current status: Private

Website: https://www.xanadu.ai/

Zapata Computing

Brief description of the technology architecture: Zapata Computing is a quantum software company that offers a platform for designing and executing quantum algorithms. The platform includes the Orquestra quantum workflow manager, which allows users to access and integrate with various quantum hardware devices and simulators, and the Zapata Quantum Applications Library, which offers pre-built quantum algorithms for use in areas such as finance, chemistry, and machine learning.

Brief description of the technology applications: The Zapata platform is used for quantum computing research and development, as well as for creating quantum-enabled applications in various industries such as finance, materials science, and drug discovery.

Founders: Christopher Savoie, Alán Aspuru-Guzik, Jonathan Olson, Yudong Cao

Founded: 2017

Startup funding: $64.5 million

Total investments to date: $64.5 million

Lead investors: Comcast Ventures, Honeywell Ventures, Pitango Ventures, Prelude Ventures, Samsung Next, The Engine

Head office Location: Boston, Massachusetts, United States

Current status: Private

Website: https://www.zapatacomputing.com/

Note: This list is not exhaustive and only covers some of the major companies in the global AI and Quantum Computer technology market, and may contain outdated information, errors, or omissions. Strict Terms of Use apply.