1QBit develops software and algorithms that apply both quantum and classical hardware to computationally intensive industry problems, offering a hardware-agnostic platform from SDK to web API. The company focuses on machine learning, optimization methods, and simulation for domains including advanced materials, life sciences, energy, and finance. 1QBit works directly with Fortune 500 clients such as DowDuPont and Biogen and partners with leading hardware providers. Over the last four years it has grown into a multidisciplinary team of over 50 researchers, software developers, and industry experts. The company plans to use its latest investment to continue expanding its research and software development teams. 1QBit is headquartered in Vancouver, British Columbia.

Total raised

$35M

Funding rounds

1

Latest round

Series B

Latest activity

Nov 2017