1QBit is dedicated to solving the world’s most demanding computational challenges.
We research and develop hardware-agnostic platforms and services that enable the development of applications which scale alongside advances in both classical and quantum computing.
1QBit partners with Fortune 500 clients and leading hardware providers to solve intractable industry problems in the areas of optimization, simulation, and machine learning. We focus on solving these problems in the industries of finance, energy, life sciences and advanced materials.
Headquartered in Vancouver, Canada, our interdisciplinary team of 50 comprises mathematicians, physicists, chemists, software developers, and quantum computing experts who develop novel solutions to problems, from research through to commercial applications.
Location: Canada, British Columbia, Vancouver
Employees: 51-200
Total raised: $45M
Founded date: 2012
Investors 5
Date | Name | Website |
- | Tiny Capit... | tinycapita... |
- | CME Ventur... | cmegroup.c... |
- | Granpool | granpool.c... |
- | KittyHawk ... | kittyhawk.... |
- | SCB 10X | scb10x.com |
Funding Rounds 1
Date | Series | Amount | Investors |
28.11.2017 | Series B | $45M | - |
Mentions in press and media 7
Date | Title | Description | Source |
05.06.2020 | L’Institut quantique becomes the first IBM Q Hub in Canada | L’Institut quantique (IQ), a research organization located at the University of Sherbrooke in Québec... | betakit.co... |
29.07.2019 | Government helping create network to address procurement bar... | CAN Health Network, a $20 million proposed project that aims to help healthtech companies to commerc... | betakit.co... |
15.07.2019 | Vancouver Tech Journal | #69 | In this week’s Sunday Briefing: We are so, so, so close to getting Uber and Lyft in Vancouver; five ... | vantechjou... |
03.10.2018 | Fujitsu drives quantum-inspired project to help solve NatWes... | News facts: * NatWest is using Fujitsu's quantum-inspired Digital Annealer to solve highly complex f... | itweb.co.z... |
01.12.2017 | 1QBit raises $45 million Series B from Fujitsu, Accenture | Vancouver-based 1QBit has closed a $45 million Series B that includes equity and revenue contracts. ... | betakit.co... |
30.11.2017 | APAC Digest: Fujitsu backs $45m Series B in 1QBit; Waddle ra... | Premium 1QBit has closed a Series B round of strategic investment led by Fujitsu, while Waddle has ... | dealstreet... |
28.11.2017 | 1QB Information Technologies Closes C$45M Series B Funding | 1QB Information Technologies Inc., a Vancouver, Canada-based software company handling computational... | finsmes.co... |