BlueQubit, founded in spring 2022, builds a Quantum Software-as-a-Service (QSaaS) platform that gives end users access to QPUs and quantum computing emulators. The company leverages large-scale classical compute—a fleet of GPUs—to develop and test quantum algorithms before deploying them on real quantum processors. Its software stack runs emulators up to 100 times faster than commonly available alternatives and includes algorithms for quantum machine learning and quantum optimization. BlueQubit targets use cases in financial modeling, pharmaceutical development, and materials‑science visualization, aiming to marry enterprise applications with advanced quantum hardware. Founders Hrant Gharibyan and Hayk Tepanyan met at Stanford; Gharibyan co-authored a wormhole teleportation algorithm later implemented by Google Quantum AI, and Tepanyan previously worked on Google’s infrastructure team. The company recently raised a $10 million Seed round to advance product development and commercialization.

Total raised

$10M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2024