Last deal

$53M

Amount

Venture - Series Unknown

Stage

09.07.2024

Date

3

all rounds

$104.34M

Total amount

Financing round

General

About Company
FlexCompute is an IT company that specializes in simulation solutions for industrial research and development.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Founded in 2016 and headquartered in Boston, Massachusetts, FlexCompute provides advanced computer simulation technology that accelerates innovation with proprietary R&D solvers leveraging cutting-edge computing. The company's simulation schemes for quantum computing companies enable clients to reduce calculation duration and design complex quantum circuits. FlexCompute differentiates itself from other simulation providers with its speed and expertise, seeking a paradigm shift of capabilities rather than marginal improvements. The company's solvers were written from scratch, optimizing at every layer to maximize the potential of emerging chips. With unprecedented speed and an ultra-flexible business model, FlexCompute eliminates the need for trade-offs between speed, fidelity, cost, and availability, allowing clients to focus on their best work.
Contacts

Social url

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Financials

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3

Number of Funding Rounds

$104.34M

Money Raised

Their latest funding was raised on 09.07.2024. Their latest round Venture - Series Unknown

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09.07.2024
$53M
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5
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People

Founders
2

Qiqi Wang

Qiqi Wang is the co-founder and Board Member of FlexCompute.

organization founded

1

Qiqi Wang

Fan Shanhui

Shanhui Fan is the co-founder and Board Member of FlexCompute.

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Fan Shanhui

Employee Profiles
1
John Moore

John Moore

Chief Technology Officer

Activity

Recent News
0