About Bloq Quantum
Bloq Quantum is a company based in Kollam (India) founded in 2024 by Jay Patel and Sreekuttan L S.. Bloq Quantum has raised $251.09 thousand across 2 funding rounds from investors including Firstport Capital and IP Ventures. Bloq Quantum offers products and services including Low Code Quantum Algorithm Builder and Quantum Journey. Bloq Quantum operates in a competitive market with competitors including Classiq, Horizon Quantum Computing, Normal Computing, Google Quantum AI and Quantastica, among others.
- Headquarter Kollam, India
- Founders Jay Patel, Sreekuttan L S
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Bloq Quantum Private Limited
- Date of Incorporation 08 May, 2024
- Jurisdiction Kottarakkara, Kerala, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$251.09 K (USD)
in 2 rounds
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Latest Funding Round
$155.29 K (USD), Seed
Jun 26, 2024
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Investors
Firstport Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Bloq Quantum
Bloq Quantum offers a comprehensive portfolio of products and services, including Low Code Quantum Algorithm Builder and Quantum Journey. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables building quantum algorithms with simple inputs and no coding required.
Guides users through quantum computing adoption from foundations to implementation.
Funding Insights of Bloq Quantum
Bloq Quantum has successfully raised a total of $251.09K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $155.29 thousand completed in June 2024. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $155,286
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First Round
First Round
(01 Jun 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Seed - Bloq Quantum | Valuation | Inflection Point Ventures | |
| Jun, 2024 | Amount | Seed - Bloq Quantum | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bloq Quantum
Bloq Quantum has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Firstport Capital and IP Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment in tech-startups
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Investments are made in early-stage tech startups across sectors.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Bloq Quantum
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bloq Quantum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bloq Quantum Comparisons
Competitors of Bloq Quantum
Bloq Quantum 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 Classiq, Horizon Quantum Computing, Normal Computing, Google Quantum AI and Quantastica, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions for quantum computing development are provided.
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| domain | founded_year | HQ Location |
Software development tools for quantum computing are provided.
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| domain | founded_year | HQ Location |
AI-based solutions for thermodynamic quantum computing are developed.
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| domain | founded_year | HQ Location |
Advances quantum computing through chip development and open-source tools.
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| domain | founded_year | HQ Location |
Quantum simulators and tools for hybrid quantum computing are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bloq Quantum
Frequently Asked Questions about Bloq Quantum
When was Bloq Quantum founded?
Bloq Quantum was founded in 2024.
Where is Bloq Quantum located?
Bloq Quantum is headquartered in Kollam, India. It is registered at Kollam, Kerala, India.
Who is the current CEO of Bloq Quantum?
Sreekuttan L S is the current CEO of Bloq Quantum. They have also founded this company.
Is Bloq Quantum a funded company?
Bloq Quantum is a funded company, having raised a total of $251.09K across 2 funding rounds to date. The company's 1st funding round was a Seed of $95.8K, raised on Jun 01, 2024.
What does Bloq Quantum do?
Bloq Quantum was founded in 2024 in Kollam, India, focusing on the quantum computing sector. Algorithm development services are offered to support use cases in energy, manufacturing, defense, healthcare, and other areas. Operations center on creating tools that enhance computational efficiency across these industries, with solutions tailored to specific sector needs. The company is led by co-founders Jay Patel as CTO and Sreekuttan L S as CEO.
Who are the top competitors of Bloq Quantum?
Bloq Quantum's top competitors include Classiq, Horizon Quantum Computing and Normal Computing.
What products or services does Bloq Quantum offer?
Bloq Quantum offers Low Code Quantum Algorithm Builder and Quantum Journey.
Who are Bloq Quantum's investors?
Bloq Quantum has 2 investors. Key investors include Firstport Capital, and IP Ventures.