Last deal

$3.8M

Amount

Seed

Stage

15.04.2021

Date

2

all rounds

$4.8M

Total amount

General

About Company
infinityQ develops quantum-analog computing devices that offer computational speed and power for complex problems.

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Also Known As

infinityQ, infinityQ Technology, infinityQ Tech

founded date

01.03.2020

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The Montreal-based company, founded and engineered by women, uses first-of-its-kind technology to deploy its Coopper chip into market verticals ripe for computational disruption in Q4 2022. The company's quantum analog computing technology is available for demo on their cloud platform or in beta as an on-prem integration to classical IT infrastructure, offering low power consumption that saves clients over 100x in energy costs. Their system brings more computational power for a fraction of the energy consumption, with the same programming languages, enabling clients to tackle real-world complex problems in finance, pharmaceuticals, logistics, and chemistry. Their first-gen quantum-analog computer, infinityQube, uses analog electronics, operating at room temperature, to exploit certain quantum effects, and can outperform both classical CPUs and existing quantum computing devices for optimization problems.
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