BlueQubit

Stanford, United States Founded: 2022 • Age: 4 yrs
AI-based quantum computing software solutions are developed for specialized applications.
Annual revenue - Latest available
Total funding $10.3M 2 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About BlueQubit

BlueQubit is a company based in Stanford (United States) founded in 2022 by Hayk Tepanyan and Hrant Gharibyan. BlueQubit has raised $10.27 million across 2 funding rounds from investors including BigStory VC, Nyca Partners and Restive. BlueQubit offers products and services including Quantum Platform, GPU Simulators, and QPU Access. BlueQubit operates in a competitive market with competitors including Riverlane, Qedma, Qruise, Fermioniq and Aqintel, among others.

  • Headquarter Stanford, United States
  • Founders Hayk Tepanyan, Hrant Gharibyan
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.27 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10.07 M (USD), Seed

    Jul 18, 2024

  • Investors
    BigStory VC

    & 8 more

  • Employee Count
    Not available
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Products & Services of BlueQubit

BlueQubit offers a comprehensive portfolio of products and services, including Quantum Platform, GPU Simulators, and QPU Access.

Product name locked
Category locked
Primary

Enables running quantum algorithms and simulations on various hardware.

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Provides high-performance emulators for quantum computing tasks.

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Offers connections to IBM Heron and Quantinuum H2 for quantum operations.

Funding Insights of BlueQubit

BlueQubit has successfully raised a total of $10.27M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $10.07 million completed in July 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.

Investors in BlueQubit

BlueQubit has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include BigStory VC, Nyca Partners and Restive.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital funding is provided to Armenian startup founders.
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Tech focused early stage VC firm investing in the US
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Venture capital is provided by Restive to early-stage fintech startups.
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Investor details for BlueQubit

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Investments & Acquisitions by BlueQubit

Investments
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Investment portfolio details for BlueQubit

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  • Transaction dates
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Financial Statements - BlueQubit

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Detailed financials for BlueQubit

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Bluequbit Comparisons

BlueQubit Primary company
Description
AI-based quantum computing software solutions are developed ...
Location
Stanford, United States
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BlueQubit

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Competitors of BlueQubit

BlueQubit 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 Riverlane, Qedma, Qruise, Fermioniq and Aqintel, among others.

Company Name Domain Founded year HQ Location Description
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Provider of software for quantum computers
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Software products for quantum computation performance are provided by Qedma.
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Provider of machine learning tools and software components for quantum solutions
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Operating software for quantum computers is developed.
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Developer of computer software designed for quantum-mechanism
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Detailed competitors of BlueQubit

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Latest news on Bluequbit

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Complete news archive for BlueQubit

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Frequently Asked Questions about BlueQubit

BlueQubit was founded in 2022.

BlueQubit is headquartered in Stanford, United States. It is registered at Stanford, California, United States.

BlueQubit is a funded company, having raised a total of $10.27M across 2 funding rounds to date.

BlueQubit was founded in 2022 in Stanford, United States, within the quantum computing sector. AI-integrated software solutions are provided, including operating systems designed for quantum computers. Operations focus on areas such as software manufacturing, risk analysis, fraud detection, and portfolio optimization, enabling users to leverage quantum capabilities for computational tasks.

BlueQubit's top competitors include Riverlane, Qedma and Qruise.

BlueQubit offers Quantum Platform, GPU Simulators, and QPU Access.

BlueQubit has 9 investors. Key investors include BigStory VC, Nyca Partners, Restive, Chaac Ventures, and NKM Capital.

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