About Horizon Quantum Computing
Horizon Quantum Computing is a company based in Singapore (Singapore) founded in 2018 by Joe Fitzsimons.. Horizon Quantum Computing has raised $21.33 million across 4 funding rounds from investors including Tencent, Peak XV Partners and SGInnovate. Horizon Quantum Computing offers products and services including Triple Alpha and Quantum Programming Tools. Horizon Quantum Computing operates in a competitive market with competitors including Classiq, Normal Computing, Bloq Quantum, Google Quantum AI and Quantastica, among others.
- Headquarter Singapore, Singapore
- Founders Joe Fitzsimons
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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 Horizon Quantum Computing Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.33 M (USD)
in 4 rounds
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Latest Funding Round
$18.1 M (USD), Series A
Apr 13, 2022
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Investors
Tencent
& 8 more
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Employee Count
Employee Count
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Products & Services of Horizon Quantum Computing
Horizon Quantum Computing offers a comprehensive portfolio of products and services, including Triple Alpha and Quantum Programming Tools. 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.
Web-based IDE for programming quantum computers efficiently.
Tools for accelerating classical code on quantum hardware.
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Funding Insights of Horizon Quantum Computing
Horizon Quantum Computing has successfully raised a total of $21.33M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $18.1 million completed in April 2022. 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 4
- Last Round Series A — $18.1M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Horizon Quantum Computing | Valuation | Tencent , Pappas Capital | |
| Jun, 2020 | Amount | Seed - Horizon Quantum Computing | Valuation | Peak XV Partners | |
| Nov, 2018 | Amount | Seed - Horizon Quantum Computing | Valuation | SGInnovate |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Horizon Quantum Computing
Horizon Quantum Computing has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tencent, Peak XV Partners and SGInnovate. 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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Early-stage deep tech startups are funded by SGInnovate in Singapore.
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VC firm focusing on life science sector
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Founded Year | Domain | Location | |
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Investments are made in European deep tech security startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Horizon Quantum Computing
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Horizon Quantum Computing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Horizon Quantum Computing Comparisons
Competitors of Horizon Quantum Computing
Horizon Quantum Computing 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, Normal Computing, Bloq Quantum, 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 |
AI-based solutions for thermodynamic quantum computing are developed.
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| domain | founded_year | HQ Location |
Quantum algorithm development solutions are provided for sector acceleration.
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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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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Horizon Quantum Computing
Frequently Asked Questions about Horizon Quantum Computing
When was Horizon Quantum Computing founded?
Horizon Quantum Computing was founded in 2018.
Where is Horizon Quantum Computing located?
Horizon Quantum Computing is headquartered in Singapore, Singapore.
Who is the current CEO of Horizon Quantum Computing?
Joe Fitzsimons is the current CEO of Horizon Quantum Computing. They have also founded this company.
Is Horizon Quantum Computing a funded company?
Horizon Quantum Computing is a funded company, having raised a total of $21.33M across 4 funding rounds to date.
What does Horizon Quantum Computing do?
Horizon Quantum Computing was founded in 2018 in Singapore. Tools for quantum computing software development are supplied through a dedicated platform. Quantum algorithms are constructed, and techniques for applications are supported via specialized programs. Operations center on enabling developers in the quantum sector, with services extending to algorithm writing and application integration across global users.
Who are the top competitors of Horizon Quantum Computing?
Horizon Quantum Computing's top competitors include Classiq, Normal Computing and Bloq Quantum.
What products or services does Horizon Quantum Computing offer?
Horizon Quantum Computing offers Triple Alpha and Quantum Programming Tools.
Who are Horizon Quantum Computing's investors?
Horizon Quantum Computing has 9 investors. Key investors include Tencent, Peak XV Partners, SGInnovate, Pappas Capital, and Expeditions.
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