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 it is in its budding phase. But, leading companies like Amazon, Microsoft, and IBM are taking the help of quantum computing to deal with their massive and complex problems.
With the increasing importance and demand of quantum computing, many startups have emerged which do research and development and provide solutions to many complex problems. 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 allows 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 very useful in the fields like finance, the military, machine learning, artificial intelligence, and more.
- Alpine Quantum Technologies
- QC Ware
- Multiverse Computing
- Universal Quantum (UQ)
- Zapata Computing
- Quantum Brilliance
- Quantum Machines
- Terra Quantum
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 that exists today which ensures greater efficiency in less time.
The following are the top startups of quantum computing:
Founder: Christopher Monroe
Headquarters: Maryland, USA
This is one of the most prominent and leading startups in the field of quantum computing. IonQ was founded by Christopher Monroe in 2015 and has headquarters 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.
Founders: Dana Anderson and Rainer Kunz
Headquarters: Boulder Colorado, United States
ColdQuanta develops quantum computers and quantum sensing technologies. Dana Anderson and Rainer Kunz founded ColdQuanta in 2007 and have headquarters in Boulder Colorado, United States. It is focusing on improving positioning and navigation systems.
It provides quantum simulation, cold atom experimentation, and more which helps the users to examine their own quantum matter innovations for sensing and other applications.
Founders: Andrew Fursman and Landon Downs
Headquarters: Vancouver, Canada
1QBit was founded by Andrew Fursman and Landon Downs in the year 2012 and has headquarters is in Vancouver, Canada. It develops QC software to solve intractable industry issues.
Its 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
Founders: Thomas Monz, Peter Zoller, and Rainer Blatt
AQT deals with quantum computer technology designed for information processing. It came into existence in 2018. It was founded by Thomas Monz, Peter Zoller, and Rainer Blatt and has its headquarters in Austria.
AQT uses the concepts and technology of 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.
Founder: Michael Biercuk
Headquarters: Sydney, Australia
Q-CTRL develops quantum control infrastructure software. It helps to overcome hardware errors and instability across many applications. Michael Biercuk founded the startup in 2017 and 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.
founders: Scott Totzke and Michael Brown
Headquarters: Waterloo, Ontario, Canada
ISARA develops cyber-security software to provide quantum-safe security services. It was founded by Scott Totzke and Michael Brown in 2015 and 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 clients to protect their resources and also control the approach to data and systems.
Founders: Matthew Johnson, Kin-Joe Sham, and Randall Correll
Headquarters: Palo Alto, California
QC WARE deals in enterprise software designes to perform quantum computing (QC). It was established in the year 2014 by Matthew Johnson, Kin-Joe Sham, and Randall Correll. It has its headquarters in Palo Alto, California.
Its software eases up QC programming and enable the clients to add quantum computing power to any existing application and remove performance obstacles.
Founder: Steve Brierley
Headquarters: England, United Kingdom
Riverlane develops quantum computing software. It helps to transform experimental technology into commercial products. It was founded by Stephen Brierley in 2016 and has 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.
Founders: Roman Orus, Samuel Mugel, Enrique Lizaso Olmos and Alfonso Rubio
Headquarters: San Sebastian, Spain
It provides software for companies in the fintech industry. The founders of Multiverse are Roman Orus, Samuel Mugel, Enrique Lizaso Olmos and Alfonso Rubio. It started in 2019 and has headquarters in San Sebastian, Spain.
It offers softwares for quantum machine learning, risk analysis, and market simulation which helps fintech companies to have an edge with quantum computing and AI.
Founders: David Cardona, Justin Youens, and William Hurley
Headquarters: Austin, Texas, USA
Strangeworks develops quantum computing software to make the process easy and available to everyone. It came into existence in the year 2018 and founded by David Cardona, Justin Youens, and William Hurley and has headquarters in Austin, Texas, USA.
It helps developers and companies to learn, create, and collaborate on quantum projects which helps the companies to overcome the risks of vendor lock-in and constructive insecurities.
Universal Quantum (UQ)
Founders: Sebastian Weidt and Winfried Hensinger
Headquarters: Brighton, England, UK
UQ develops the universal quantum computer that intends to revolutionize the future of computing. It was founded by Sebastian Weidt and Winfried Hensinger in 2018 and has its headquarters in Brighton, England, UK.
Its computer is based on silicon technology which uses ultrafast electric field links to form an architecture that scales to qubits. With this, the clients can get high computational power at a lower costs.
Founders: Christopher Savoie and Yudong Cao
Headquarters: Boston, Massachusetts, USA
ZAPATA creates quantum workflows and manages its performance across classical and quantum technologies. It was established in 2017 by Christopher Savoie and Yudong Cao and has its headquarters in Boston, Massachusetts, USA.
ZAPATA provides machine learning, AI, and quantum autoencoder to deliver an end-to-end workflow-based toolset for quantum computing which helps the clients to understand and capitalize on quantum computing.
Founders: Niels Bultink and Jules Van Oven
Headquarters: Delft, Netherlands
QBLOX makes standard control systems. It provides patented solutions for scalable control of quantum computers. It was founded by Niels Bultink and Jules Van Oven in 2018 and has its headquarters in Delft, Netherlands.
QBLOX has transformed the control stacks for customers all around the globe with fully-unified scalable hardware that eases the empirical setups. This helps the clients to overcome crosstalk and also improve measurements under complex situations.
Founders: Andrew Horsley, Mark Luo, and Marcus Doherty
Headquarters: Acton, Australia
It develops room-temperature quantum accelerators to provide universal quantum computing. It was established in 2019 by Andrew Horsley, Mark Luo, and Marcus Doherty and 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.
Founders: Konstantin Vilk, Dave Krauthamer, Skip Sanzeri, and Rebecca Krauthamer
Headquarters: San Mateo, California, United States
Qusecure develops and provides quantum-proof and security technology that provides protection from cyber-attacks. It was founded by Konstantin Vilk, Dave Krauthamer, Skip Sanzeri, and Rebecca Krauthamer in 2019 and has its headquarters in San Mateo, California, United States.
It offers a security management server, automated cryptographic testing, quantum resilient blockchain, and biometric identity for blockchain. This empowers companies to secure themselves against cyber-attacks.
Founders: Nir Minerbi, Yehuda Naveh, and Amir Naveh
Headquarters: Tel Aviv, Israel
Classiq is one of the most prominent startup in quantum computing. It helps to handle complex challenges in quantum computing development. It was founded in 2020 by Nir Minerbi, Yehuda Naveh, and Amir Naveh and has its headquarters in Tel Aviv, Israel.
Its softwares allow the developers to streamline their ideas and concepts without designing a specific gate-level quantum circuit. This helps developers to develop quantum algorithms without spending hours on manual coding.
Founders: Clement Javerzac, Karel Dumon, and Nicolas Abele
Headquarters: Lausanne, Switzerland
Miraex was founded by Clement Javerzac, Karel Dumon, and Nicolas Abele in 2019 and has its headquarters in Lausanne, Switzerland.
It provides photonic and full-stack quantum solutions that are meant to create next-generation sensing, networking, and computing technology. It offers industrial security, aerospace, quantum networking and computing solutions.
Founders: Itamar Sivan, Yonatan Cohen, and Nissim Ofek
Headquarters: Tel Aviv, Israel
Quantum Machine deals with the next generation of quantum controllers to revolutionize computing. It was founded by Itamar Sivan, Yonatan Cohen, and Nissim Ofek in 2018 and has its 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.
Founders: Markus Pflitsch, Gordey Lesovik, and Karl Eckstein
Headquarters: Rorschach, Switzerland
Terra Quantum develops of a compound quantum algorithm that intends to solve a linear system of equations. It was founded by Markus Pflitsch, Gordey Lesovik, and Karl Eckstein in 2019 and it has its headquarters in Rorschach, Switzerland.
Its algorithms addresses the fundamental questions of quantum physics and their appearance in the world based on quantum computing. This helps to transform every corner of modern technology.
Founders: George Olivier Reymond and Thierry Lahaye
Headquarters: Paris, France
Pasqal develops full-stack quantum computers. In 2019, George Olivier Reymond and Thierry Lahaye started the company and has its Headquarters are in Paris, France.
Full-stack quantum computer has its processing units made up of hundreds of atomic qubits in 2D and 3D arrays. This helps to address problems like optimization, drug discovery, and machine learning.
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 across the globe.
Time and effort are the two important components that contribute to problem solving. In modern times, solving problems with the least amount of time and effort and with the greatest efficiency has become extremely important. In this regard, the quantum computing industry is sure to grow significantly in the market globally.
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 qubits.
Which country is leading in quantum computing?
The United States and Canada are 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:
- Alpine Quantum Technologies
- QC Ware
- Multiverse Computing
Does IBM use a quantum computer?
IBM offers Quantum Service that give access to the latest, world-leading quantum systems, simulators, and programming tools through the IBM Cloud.