PlanQK
About PlanQK
PlanQK is a company based in Berlin (Germany) was acquired by Kipu Quantum in July 2024.. PlanQK offers products and services including PLANQK Platform, DCQO Algorithm, Premium DCQO, and BF-DCQO Algorithm. PlanQK operates in a competitive market with competitors including Terra Quantum, Aliro Technologies, Quantagonia, QMill and QuantumLeap, among others.
- Headquarter Berlin, Germany
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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 Kipu Quantum Gmbh
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Kipu Quantum
(Jul 11, 2024)
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Products & Services of PlanQK
PlanQK offers a comprehensive portfolio of products and services, including PLANQK Platform, DCQO Algorithm, Premium DCQO, and BF-DCQO Algorithm. 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.
Cloud-based service for accessing quantum algorithms and hardware.
Implements counterdiabatic techniques to solve complex optimization problems.
Enhanced version of DCQO for advanced problem-solving in quantum workflows.
Bias-field method for tackling optimization challenges using quantum computing.
Funding Insights of PlanQK
| 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 PlanQK
PlanQK has secured backing from 1 investor. Prominent investors backing the company include Kipu Quantum. 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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Quantum computing software solutions for optimization problems are provided.
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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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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 PlanQK
| 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 - PlanQK
| 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 |
Planqk Comparisons
Competitors of PlanQK
PlanQK 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 Terra Quantum, Aliro Technologies, Quantagonia, QMill and QuantumLeap, 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 |
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Provider of quantum as a service platform
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Provider of cloud-based platform to access quantum computers
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Developer of a cloud and AI-powered quantum computing platform as a service
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Provider of quantum computing solutions
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An open-source platform for quantum computing services is offered.
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Virtual quantum computers are developed and provided by Black Brane.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Planqk
Frequently Asked Questions about PlanQK
Where is PlanQK located?
PlanQK is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does PlanQK do?
Provider of quantum computing-as-a-service. It offers a platform and ecosystem for quantum-assisted artificial intelligence. Its features include a knowledge platform, a marketplace for users and solution partners, development of knowledge artifacts, evaluation of code to identify optimum quantum backend, and data rooms. It has applications in the detection of water anomalies in public buildings, network operations, industrial production lines, customer behaviour prediction, and optimization of duty schedules.
Who are the top competitors of PlanQK?
PlanQK's top competitors include Aliro Technologies, Terra Quantum and QMill.
What products or services does PlanQK offer?
PlanQK offers PLANQK Platform, DCQO Algorithm, Premium DCQO, and BF-DCQO Algorithm.
Who are PlanQK's investors?
PlanQK has 1 investor. Key investors include Kipu Quantum.
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