About QSIM Plus
QSIM Plus is a company based in Seoul (South Korea) founded in 2021.. QSIM Plus has raised $2.28 million across 1 funding round from investors including InterVest. QSIM Plus offers products and services including Quantum Communication Solutions and Quantum Information Education. QSIM Plus operates in a competitive market with competitors including Cellwize, Radisys, Intucell, Arieso and Incelligent, among others.
- Headquarter Seoul, South Korea
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Sectors
Telecommunications
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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 큐심플러스
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.28 M (USD)
in 1 rounds
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Latest Funding Round
$2.28 M (USD), Series A
Jan 10, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of QSIM Plus
QSIM Plus offers a comprehensive portfolio of products and services, including Quantum Communication Solutions and Quantum Information Education. 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.
Develops integrated solutions for quantum communications networks.
Provides courses on quantum information technology fundamentals.
Funding Insights of QSIM Plus
QSIM Plus has successfully raised a total of $2.28M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.28 million completed in January 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 1
- Last Round Series A — $2.3M
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First Round
First Round
(10 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - QSIM Plus | Valuation |
investors |
| 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 QSIM Plus
QSIM Plus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include InterVest. 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 venture capital is provided by Korean firm InterVest.
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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 QSIM Plus
| 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 - QSIM Plus
| 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 |
Qsim Plus Comparisons
Competitors of QSIM Plus
QSIM Plus 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 Cellwize, Radisys, Intucell, Arieso and Incelligent, 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 |
Self-organizing network solutions are provided for mobile operators.
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| domain | founded_year | HQ Location |
Disaggregated and virtualized enabling technology solutions provider
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| domain | founded_year | HQ Location |
Software platforms for self-optimizing mobile networks are provided.
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| domain | founded_year | HQ Location |
Mobile network optimization and RAN solutions are provided by Arieso.
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| domain | founded_year | HQ Location |
Wireless network optimization is performed via correlation techniques.
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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 Qsim Plus
Frequently Asked Questions about QSIM Plus
When was QSIM Plus founded?
QSIM Plus was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is QSIM Plus located?
QSIM Plus is headquartered in Seoul, South Korea.
Who is the current CEO of QSIM Plus?
Kwangseok Noh is the current CEO of QSIM Plus.
Is QSIM Plus a funded company?
QSIM Plus is a funded company, having raised a total of $2.28M across 1 funding round to date. The company's 1st funding round was a Series A of $2.28M, raised on Jan 10, 2024.
What does QSIM Plus do?
QSIM Plus was founded in 2021 in Seoul, South Korea. Operations center on the development of network software tailored for quantum communication and cryptography. Solutions are delivered to support secure quantum networks, including tools like QSIMpro, which simulates cryptographic protocols. The focus remains on enabling reliable quantum-based infrastructure for specialized applications in the technology sector.
Who are the top competitors of QSIM Plus?
What products or services does QSIM Plus offer?
QSIM Plus offers Quantum Communication Solutions and Quantum Information Education.
Who are QSIM Plus's investors?
QSIM Plus has 1 investor. Key investors include InterVest.
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