About Qolab
Qolab is a company based in Los Angeles (United States) founded in 2022 by Alan Ho.. Qolab has raised $22.5 million across 5 funding rounds from investors including Applied Materials, Development Bank of Japan and Octave Ventures. Qolab offers products and services including Superconducting Qubits and Quantum Computer Systems.
- Headquarter Los Angeles, United States
- Founders Alan Ho
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.5 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Applied Materials
& 5 more
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Employee Count
Employee Count
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Products & Services of Qolab
Qolab offers a comprehensive portfolio of products and services, including Superconducting Qubits and Quantum Computer Systems. 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.
High-quality qubits for scalable quantum processors and computations
Systems for real-world computational challenges with improved coherence
Funding Insights of Qolab
Qolab has successfully raised a total of $22.5M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(10 May 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series A - Qolab | Valuation |
investors |
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| Mar, 2025 | Amount | Series A - Qolab | Valuation |
investors |
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| Dec, 2024 | Amount | Series A - Qolab | Valuation | Octave Ventures |
| 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 Qolab
Qolab has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Applied Materials, Development Bank of Japan and Octave Ventures. 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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Venture capital fund investing in deep tech and biotech sectors
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Founded Year | Domain | Location | |
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Venture capital firm funding transformative technologies
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Founded Year | Domain | Location | |
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Materials engineering solutions are supplied for semiconductor and electronics industries.
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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 Qolab
| 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 - Qolab
| 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 |
Qolab Comparisons
Competitors of Qolab
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Qolab
Frequently Asked Questions about Qolab
When was Qolab founded?
Qolab was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Qolab located?
Qolab is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Qolab?
Alan Ho is the current CEO of Qolab. They have also founded this company.
Is Qolab a funded company?
Qolab is a funded company, having raised a total of $22.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on May 10, 2024.
What does Qolab do?
Qolab was founded in 2022 in Los Angeles, United States, within the quantum computing sector. Superconducting qubits are developed and provided for various applications, including research and technological integration. Operations focus on advancing qubit technology for scalable quantum systems. The company is led by Co-Founder and CEO Alan Ho, with activities centered in the U.S.
What products or services does Qolab offer?
Qolab offers Superconducting Qubits and Quantum Computer Systems.
Who are Qolab's investors?
Qolab has 6 investors. Key investors include Applied Materials, Development Bank of Japan, Octave Ventures, WARF, and Phoenix Venture Partners.