The concept of Quantum computing is gaining a great amount of importance in today’s time. It is approximated that it will take days for a supercomputer to solve a complicated problem that a quantum computer can do in a few seconds.
The idea of quantum computing is still quite new to many as is in its budding phase. But, leading companies like Amazon, Microsoft, and IBM, are taking their help to deal with their massive issues.
As a new field emerges, the startups for it also begin to emerge. So, looking at the increasing importance of this concept, many quantum computing startups have emerged.
Startups like IonQ, ColdQuanta, and many more are making their mark in this budding industry of quantum computing.
What is Quantum Computing?
In simple words, it means making use of quantum mechanics to establish modern ways of computing. Quantum computing is made with qubits (quantum bit- the basic unit of quantum information). Qubit is a two-state quantum-mechanical system.
A basic computer bit can be 0 or 1, but a qubit can be one of these as well as a special position of both 0 and 1. This makes the computing better by controlling the atomic particles which allow them to be present in more than one state (0 and 1 at the same time).
There are two basic characteristics of quantum physics. These are entanglement and superposition. Quantum computers are based on these two characteristics. This helps them to solve complicated problems much faster than regular computers.
Quantum computing is super useful in the fields like finance, military, machine learning, artificial intelligence, and more.
List of Top Quantum Computing Startups
- IonQ
- ColdQuanta
- 1QBit
- Alpine Quantum Technologies
- Q-CTRL
- ISARA
- QC Ware
- Riverlane
- Multiverse Computing
- Strangeworks
- Universal Quantum (UQ)
- Zapata Computing
- Qblox
- Quantum Brilliance
- QuSecure
- Classiq
- Miraex
- Quantum Machines
- Terra Quantum
- Pasqal
List of Top Quantum Computing Startups
The industry of quantum computing is growing quite well and is gaining a great amount of popularity. It is solving the most relevant problem to exist in today’s time which is that it ensures greater efficiency in lesser time.
The following are the top startups of quantum computing:
IonQ
Founded: 2015
Founder: Christopher Monroe
Headquarters: Maryland, USA
One of the most prominent and leading startups in the field of quantum computing is this. The company came into existence in 2015. Christopher Monroe is the founder of it. The Headquarters is in College Park, Maryland, USA.
Its modern quantum computer is the most capable trapped-ion quantum computer. It is the only startup that has its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google cloud.
ColdQuanta
Founded: 2007
Founders: Dana Anderson and Rainer Kunz
Headquarters: Boulder Colorado, United States
The startup is a developer of quantum computers and quantum sensing technologies. Dana Anderson and Rainer Kunz founded ColdQuanta in 2007. Headquarters is in Boulder Colorado, United States. The startup’s technologies focus on improving positioning and navigation systems.
It provides quantum simulation, cold atom experimentation, and more. This helps the users to examine their own quantum matter innovations for sensing and other applications.
1QBit
Founded: 2012
Founders: Andrew Fursman and Landon Downs
Headquarters: Vancouver, Canada
Another top startup on the list is 1QBit. It came into existence in the year 2012. The founders are Andrew Fursman and Landon Downs. The headquarters is in Vancouver, Canada. It develops QC software to solve intractable industry issues.
The startup’s software uses machine intelligence and optimization science through an accessible hardware platform. This helps the clients and hardware providers to get improved applications.
Alpine Quantum Technologies
Founded: 2018
Founders: Thomas Monz, Peter Zoller, and Rainer Blatt
Headquarters: Austria
It deals in quantum computer technology designed for the processing of information. It came into existence in 2018. The founders are Thomas Monz, Peter Zoller, and Rainer Blatt. The headquarters of the startup is in Austria.
The company’s technology uses electric fields, single charged atoms, and ions that represent qubits. This helps the clients to have an access to a clear roadmap to large-scale quantum computers.
Q-CTRL
Founded: 2017
Founder: Michael Biercuk
Headquarters: Sydney, Australia
It develops quantum control infrastructure software. It helps to overcome hardware errors and instability across many applications. Michael Biercuk founded the startup in 2017. It has headquarters in Sydney, Australia.
Its tools help to improve performance through AI-driven error suppression within quantum algorithms. These tools are useful for R&D professionals and quantum computing end users.
ISARA
Founded: 2015
founders: Scott Totzke and Michael Brown
Headquarters: Waterloo, Ontario, Canada
This startup develops cyber-security software to provide quantum-safe security services. It got established in the year 2015 by Scott Totzke and Michael Brown. It has its headquarters in Waterloo, Ontario, Canada.
The company makes use of quantum-safe algorithms. It provides a safe digital signature, message authentication codes, and more. This enables the customers to protect their resources and also control the approach to data and systems.
QC Ware
Founded: 2014
Founders: Matthew Johnson, Kin-Joe Sham, and Randall Correll
Headquarters: Palo Alto, California
The startup deals in enterprise software designed to perform quantum computing (QC). It got established in the year 2014 by Matthew Johnson, Kin-Joe Sham, and Randall Correll. It has its headquarters in Palo Alto, California.
The company’s software eases up the QC programming. This enables the clients to add quantum computing power to any existing application and remove performance obstacles.
Pratyusha Srivastava
Riverlane
Founded: 2016
Founder: Steve Brierley
Headquarters: England, United Kingdom
The startup deals in the development of quantum computing software. It helps to transform experimental technology into commercial products. It was founded in 2016 by Stephen Brierley. Headquarters are in England, United Kingdom.
Its software develops an ultra-low latency quantum operating system that speeds up quantum-classical hybrid algorithms. It also makes algorithms to ensure efficient use of the full quantum computing stack. This helps hardware partners to focus on physics and build full-stack solutions.
Multiverse Computing
Founded: 2019
Founders: Roman Orus, Samuel Mugel, Enrique Lizaso Olmos and Alfonso Rubio
Headquarters: San Sebastian, Spain
It provides software for companies from the financial industry. It started in 2019 and has headquarters in San Sebastian, Spain. The founders are Roman Orus, Samuel Mugel, Enrique Lizaso Olmos and Alfonso Rubio.
It offers software for quantum machine learning, risk analysis, and market simulation. This helps the companies in the financial industry to gain an edge with quantum computing and AI.
Strangeworks
Founded: 2018
Founders: David Cardona, Justin Youens, and William Hurley
Headquarters: Austin, Texas, USA
Another popular startup is Strangeworks. It develops quantum computing software to make the process easy and available to everyone. It came into existence in the year 2018. The founders are David Cardona, Justin Youens, and William Hurley. It has headquarters in Austin, Texas, USA.
The software of the startup helps the developers and companies to learn, create, and collaborate on quantum projects. This helps the customers overcome the risks of vendor lock-in and constructive insecurities.
Universal Quantum (UQ)
Founded: 2018
Founders: Sebastian Weidt and Winfried Hensinger
Headquarters: Brighton, England, UK
The startup is a developer of a universal quantum computer that intends to revolutionize the future of computing. It came into existence in the year 2018. Sebastian Weidt and Winfried Hensinger are the founders. The startup has its headquarters in Brighton, England, UK.
Its computer is based on silicon technology. It uses ultrafast electric field links to form an architecture that scales to qubits. With this, the customers can get high computational power at lower costs.
Zapata Computing
Founded: 2017
Founders: Christopher Savoie and Yudong Cao
Headquarters: Boston, Massachusetts, USA
It is a quantum software company that creates quantum workflows and manages its performance across classical and quantum technologies. It got established in the year 2017 by Christopher Savoie and Yudong Cao. It has its headquarters in Boston, Massachusetts, USA.
The startup provides machine learning, AI, and quantum autoencoder to deliver an end-to-end workflow-based toolset for quantum computing. This helps the clients to understand and capitalize on quantum computing.
Qblox
Founded: 2018
Founders: Niels Bultink and Jules Van Oven
Headquarters: Delft, Netherlands
The startup makes standard control systems. It provides patented solutions for scalable control of quantum computers. Founded in the year 2018 by Niels Bultink and Jules Van Oven. It has headquarters in Delft, Netherlands.
It has transformed the control stacks for customers all around the globe by fully-unified scalable hardware that eases the empirical setups. This helps the customers to overcome crosstalk and also improve measurements under complex situations.
Vibhavari Madki
Quantum Brilliance
Founded: 2019
Founders: Andrew Horsley, Mark Luo, and Marcus Doherty
Headquarters: Acton, Australia
The startup develops room temperature quantum accelerators to provide universal quantum computing. It came into existence in 2019. The founders are Andrew Horsley, Mark Luo, and Marcus Doherty. It has its headquarters in Acton, Australia.
The company’s accelerators use synthetic diamonds to make quantum computers capable of working at room temperature without any complex infrastructure. This helps the clients to identify and exploit disturbing quantum computing applications.
QuSecure
Founded: 2019
Founders: Konstantin Vilk, Dave Krauthamer, Skip Sanzeri, and Rebecca Krauthamer
Headquarters: San Mateo, California, United States
It develops and provides quantum-proof technology and security technology that provides protection from cyber-attacks. It came into existence in the year 2019. The founders are Konstantin Vilk, Dave Krauthamer, Skip Sanzeri, and Rebecca Krauthamer. It has its headquarters in San Mateo, California, United States.
The startup offers a security management server, automated cryptographic testing, quantum resilient blockchain, and biometric identity for blockchain. This empowers the companies to secure themselves against cyber-attacks.
Classiq
Founded: 2020
Founders: Nir Minerbi, Yehuda Naveh, and Amir Naveh
Headquarters: Tel Aviv, Israel
Another prominent startup on the list is this. It helps to handle complex challenges in quantum computing development. It was founded in the year 2020 by Nir Minerbi, Yehuda Naveh, and Amir Naveh. It has its headquarters in Tel Aviv, Israel.
The startup’s software allows the developers to put in place their ideas and concepts without the need to design specific gate-level quantum circuit. This helps the developers to develop the quantum algorithms without spending hours on manual coding.
Miraex
Founded: 2019
Founders: Clement Javerzac, Karel Dumon, and Nicolas Abele
Headquarters: Lausanne, Switzerland
Another popular startup on the list is this one. It came into existence in the year 2019. The founders are Clement Javerzac, Karel Dumon, and Nicolas Abele. The startup has its headquarters in Lausanne, Switzerland.
It provides photonic and quantum full-stack solutions that are meant to create next-generation sensing, networking, and computing. It offers industrial, security, aerospace, quantum networking, and computing solutions.
Quantum Machines
Founded: 2018
Founders: Itamar Sivan, Yonatan Cohen, and Nissim Ofek
Headquarters: Tel Aviv, Israel
The startup deals in the next generation of quantum controllers to revolutionize computing. Itamar Sivan, Yonatan Cohen, and Nissim Ofek are the founders. It started in 2018 and has headquarters in Tel Aviv, Israel.
Its quantum controllers translate quantum algorithms into pulse sequences. This helps organizations to run complex quantum algorithms smoothly across industries.
Terra Quantum
Founded: 2019
Founders: Markus Pflitsch, Gordey Lesovik, and Karl Eckstein
Headquarters: Rorschach, Switzerland
It is a developer of a compound quantum algorithm that intends to solve a linear system of equations. It was founded in the year 2019 by Markus Pflitsch, Gordey Lesovik, and Karl Eckstein. It has its headquarters in Rorschach, Switzerland.
The startup’s algorithms address the fundamental questions of quantum physics and their appearance in the world based on quantum computing. This helps companies in various industries to transform every corner of modern technology.
Arbaz Sayed
Pasqal
Founded: 2019
Founders: George Olivier Reymond and Thierry Lahaye
Headquarters: Paris, France
The startup is a developer of full-stack quantum computers. George Olivier Reymond and Thierry Lahaye started this in 2019. The Headquarters are in Paris, France.
Its processing units are made up of hundreds of atomic qubits in 2D and 3D arrays. This helps companies to address problems like optimization, drug discovery, and machine learning.
Conclusion
Quantum computing is the solution that can solve various complex problems in a very short time. This has given a rise to the need and popularity of quantum computing startups. The above-mentioned are the top startups that are making a great mark with their technologies all around the world.
Time and effort are the two important components that contribute to problem solutions. In modern times, it has become super important to solve problems with minimal time and effort and with the greatest efficiency. In this regard, the quantum computing industry is sure to make great growth in the market globally.
FAQs
What is quantum computing?
Quantum computing is the use of quantum mechanics for computing. Quantum computing is made with a two-state quantum-mechanical system called with qubits.
Which country is leading in quantum computing?
The United States and Canada is leading in the field of quantum computing.
Which are the top Quantum Computing Startups in the world?
Some of the leading Quantum Computing Startups In The World are:
- IonQ
- ColdQuanta
- 1QBit
- Alpine Quantum Technologies
- Q-CTRL
- ISARA
- QC Ware
- Riverlane
- Multiverse Computing
- Strangeworks
Does IBM use quantum computer?
IBM offers Quantum Services that gives access to the latest, world-leading quantum systems, simulators, and programming tools through the IBM Cloud.
Source :- https://startuptalky.com/ Author :- Muskaan Kapoor Date :-April 12, 2022 at 03:01PM