Quantagonia is a B2B SaaS quantum computing startup whose platform facilitates running existing program code on both classical and quantum architectures for AI, optimization, and simulation workloads. The platform integrates with manufacturers of classical hardware, including CPUs and GPUs, as well as quantum hardware vendors. Through its HybridSolver product, customers can solve optimization problems using both quantum computers and classical hardware with proof of optimality. The company plans to use the funds to accelerate development and implementation of its platform and to broaden its market reach. Quantagonia was founded in November 2021 by Dirk Zechiel, Prof. Dr. Sabina Jeschke, Prof. Dr. Sebastian Pokutta, and Philipp Hannemann and is based in Frankfurt, Germany. To date the firm has raised €4.3M in total funding. Quantagonia develops quantum computing algorithms that can run on today's classical computers and on quantum hardware, enabling businesses to tackle complex, time-sensitive problems. Its algorithms target use cases in finance, supply chain, and energy management, delivering solutions in real time where current methods are slower or unable to provide algorithmic answers. The company's approach is hardware-agnostic, allowing users to deploy algorithms seamlessly across classical and quantum platforms without reformulating models as hardware evolves. Quantagonia plans to continue building its R&D team and to accelerate delivery of its algorithms on quantum computing platforms. The founding team includes Prof. Dr. Sabina Jeschke, Prof. Dr. Sebastian Pokutta, Dirk Zechiel, and Philipp Hannemann, and the broader team comprises researchers and managers from leading universities and commercial companies. Quantagonia is based in Germany and also maintains offices in the United States and Sweden; it recently closed a pre-seed funding round led by FTTF and Voima Ventures.

Total raised

$5M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2023