About 1QBit
1QBit is a company based in Vancouver (Canada) founded in 2012. 1QBit has raised $45 million across 4 funding rounds from investors including CME Group, Accenture and Fujitsu. 1QBit offers products and services including Automated Quantum Design Tools. 1QBit operates in a competitive market with competitors including Kipu Quantum, QC Ware, Strangeworks, Cambridge Quantum Computing and QunaSys, among others.
- Headquarter Vancouver, Canada
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name 1Qb Information Technologies Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$45 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
CME Group
& 6 more
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Employee Count
Not available
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Products & Services of 1QBit
1QBit offers a comprehensive portfolio of products and services, including Automated Quantum Design Tools.
Tools for designing utility-scale quantum computations and solving intractable problems.
People of 1QBit
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Funding Insights of 1QBit
1QBit has successfully raised a total of $45M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 1QBit
1QBit has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include CME Group, Accenture and Fujitsu.
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Blockchain-based payment solutions are offered to banks and businesses.
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Startups are funded via venture capital by Allianz-backed Allianz X.
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Technology, consulting, and infrastructure services are delivered for business transformation.
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Investor details for 1QBit
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Investments & Acquisitions by 1QBit
Investment portfolio details for 1QBit
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Financial Statements - 1QBit
Detailed financials for 1QBit
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1Qbit Comparisons
Peer comparison for 1QBit
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Competitors of 1QBit
1QBit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kipu Quantum, QC Ware, Strangeworks, Cambridge Quantum Computing and QunaSys, among others.
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Quantum computing software solutions for optimization problems are provided.
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A cloud-based quantum computing platform is provided by QC Ware.
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Quantum computing software solutions are developed and provided to users.
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AI-based software for quantum computing is provided.
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Quantum computing research and development are pursued through various initiatives.
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Provider of quantum computing solutions for businesses in industries such as finance, life sciences, and logistics
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Detailed competitors of 1QBit
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Latest news on 1Qbit
Complete news archive for 1QBit
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Frequently Asked Questions about 1QBit
1QBit was founded in 2012 and raised its 1st funding round 1 year after it was founded.
1QBit is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
1QBit is a funded company, having raised a total of $45M across 4 funding rounds to date.
1QBit was founded in 2012 in Vancouver, Canada, as a quantum computing software company. A hardware-agnostic platform is offered, integrable with classical and quantum computers, through an API endpoint for industry partners applications. Optimization problems are reformulated into QUBO format via partnership with D-Wave Systems for annealing processors. Focus is placed on sectors including computational finance, energy, and life sciences.
1QBit's top competitors include Kipu Quantum, Kvantify and Strangeworks.
1QBit offers Automated Quantum Design Tools.
1QBit has 7 investors. Key investors include CME Group, Accenture, Fujitsu, Mitacs, and Digital Ventures.