About Entropica Labs
Entropica Labs is a company based in Singapore (Singapore) founded in 2018 by Tommaso Demarie and Ewan Munro. Entropica Labs has raised $7.34 million across 3 funding rounds from investors including State Farm, Wavemaker Partners and TIS. Entropica Labs offers products and services including Loom. Entropica Labs operates in a competitive market with competitors including Orange Quantum Systems, Quantum Benchmark, Opacity, Commutator Studios and Quantum Oracles, among others.
- Headquarter Singapore, Singapore
- Founders Tommaso Demarie, Ewan Munro
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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 Entropica Labs Pte. Ltd
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Annual Revenue
$119.66 K (USD)78as on Dec 31, 2021
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Net Profit
-$493.36 K (USD)-35as on Dec 31, 2021
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EBITDA
-$490.97 K (USD)-35as on Dec 31, 2021
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Total Equity Funding
$7.34 M (USD)
in 3 rounds
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Latest Funding Round
$800 K (USD), Series A
Sep 05, 2024
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Investors
State Farm
& 11 more
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Employee Count
Not available
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Products & Services of Entropica Labs
Entropica Labs offers a comprehensive portfolio of products and services, including Loom.
Transforms quantum applications into fault-tolerant, hardware-ready solutions.
People of Entropica Labs
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Funding Insights of Entropica Labs
Entropica Labs has successfully raised a total of $7.34M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $800 thousand completed in September 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 Entropica Labs
Entropica Labs has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include State Farm, Wavemaker Partners and TIS.
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Venture capital firm focused on multiple sectors
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Government-backed fund investing in tech startups
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Investor details for Entropica Labs
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Investments & Acquisitions by Entropica Labs
Investment portfolio details for Entropica Labs
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Financial Statements - Entropica Labs
Detailed financials for Entropica Labs
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Entropica Labs Comparisons
Peer comparison for Entropica Labs
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Competitors of Entropica Labs
Entropica Labs 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 Orange Quantum Systems, Quantum Benchmark, Opacity, Commutator Studios and Quantum Oracles, among others.
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Software for quantum computing performance analysis is provided.
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Software solutions for quantum hardware analysis and verification are provided.
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Error mapping software for quantum devices is provided.
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Quantum software tools are developed for optimizing application performance.
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Software and toolkit for benchmarking quantum devices are developed.
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Detailed competitors of Entropica Labs
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Latest news on Entropica Labs
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Frequently Asked Questions about Entropica Labs
Entropica Labs was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Entropica Labs is headquartered in Singapore, Singapore.
Tommaso Demarie is the current CEO of Entropica Labs. They have also founded this company.
Entropica Labs is a funded company, having raised a total of $7.34M across 3 funding rounds to date.
Annual revenue of Entropica Labs is $119.66K as on Dec 31, 2021.
Entropica Labs was founded in 2018 in Singapore and operates in the quantum computing sector. Integrated systems are developed to enhance quantum computer performance, including an open-source library for creating and executing quantum approximate optimization algorithm workflows on quantum hardware and simulators. A physics-based optimization suite is provided for running, testing, deploying, and benchmarking quantum algorithms. Software integration with cloud-based quantum platforms is also supported.
Entropica Labs's top competitors include Orange Quantum Systems, Commutator Studios and Quantum Benchmark.
Entropica Labs offers Loom.
Entropica Labs has 12 investors. Key investors include State Farm, Wavemaker Partners, TIS, Liftt, and SEEDS Capital.