About QC Design
QC Design is a company based in Ulm (Germany) founded in 2021 by Ish Dhand and Martin Plenio.. QC Design has raised $1.63 million across 2 funding rounds from investors including EIC Fund. QC Design offers products and services including Plaquette. QC Design operates in a competitive market with competitors including Kipu Quantum, QC Ware, Strangeworks, Cambridge Quantum Computing and QunaSys, among others.
- Headquarter Ulm, Germany
- Founders Ish Dhand, Martin Plenio
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.63 M (USD)
in 2 rounds
-
Latest Funding Round
$1.63 M (USD), Seed
Jul 16, 2024
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of QC Design
QC Design offers a comprehensive portfolio of products and services, including Plaquette. 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.
Tool for simulating and optimizing fault-tolerant quantum designs
Funding Insights of QC Design
QC Design has successfully raised a total of $1.63M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.63 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.6M
-
First Round
First Round
(16 Jul 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - QC Design | Valuation |
investors |
|
| Jul, 2024 | Amount | Grant - QC Design | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in QC Design
QC Design has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EIC Fund. 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 |
|---|---|---|---|---|
|
Government agency and accelerator focusing on innovative startups and SMEs
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by QC Design
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - QC Design
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qc Design Comparisons
Competitors of QC Design
QC Design 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 Kipu Quantum, QC Ware, Strangeworks, Cambridge Quantum Computing and QunaSys, 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 |
Quantum computing software solutions for optimization problems are provided.
|
|
| domain | founded_year | HQ Location |
A cloud-based quantum computing platform is provided by QC Ware.
|
|
| domain | founded_year | HQ Location |
Quantum computing software solutions are developed and provided to users.
|
|
| domain | founded_year | HQ Location |
AI-based software for quantum computing is provided.
|
|
| domain | founded_year | HQ Location |
Quantum computing research and development are pursued through various initiatives.
|
|
| domain | founded_year | HQ Location |
Provider of quantum computing solutions for businesses in industries such as finance, life sciences, and logistics
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Qc Design
Frequently Asked Questions about QC Design
When was QC Design founded?
QC Design was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is QC Design located?
QC Design is headquartered in Ulm, Germany. It is registered at Ulm, Baden-wurttemberg, Germany.
Who is the current CEO of QC Design?
Ish Dhand is the current CEO of QC Design. They have also founded this company.
Is QC Design a funded company?
QC Design is a funded company, having raised a total of $1.63M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.63M, raised on Jul 16, 2024.
What does QC Design do?
QC Design was founded in 2021 in Ulm, Germany, within the quantum computing sector. Software solutions and architectural frameworks are provided to support the creation of fault-tolerant quantum systems. Operations center on enhancing error resilience in quantum hardware, enabling practical applications for researchers and developers. The companys efforts are directed toward scalable designs that address key challenges in quantum reliability.
Who are the top competitors of QC Design?
QC Design's top competitors include Kipu Quantum, Kvantify and Strangeworks.
What products or services does QC Design offer?
QC Design offers Plaquette.
Who are QC Design's investors?
QC Design has 1 investor. Key investors include EIC Fund.