What is 1QBit?
Founded in 2012 and headquartered in British Columbia, Canada, 1QBit operates as a specialized software developer focused on the quantum computing landscape. The firm provides robust platforms and services designed to streamline the creation of software development kits and APIs, enabling organizations to harness the power of quantum hardware. By positioning itself as a critical middleware provider, 1QBit facilitates the integration of complex quantum algorithms into traditional business workflows, effectively serving as a catalyst for the next generation of computational problem-solving in industries ranging from finance to materials science.
How much funding has 1QBit raised?
1QBit has raised a total of $35.1M across 1 funding round:
Series B
$35.1M
Series B (2017): $35.1M with participation from Allianz, Fujitsu Global, The Royal Bank of Scotland, CME Ventures, Fluxus Ventures, and Accenture
Key Investors in 1QBit
Allianz
Allianz Group is a Germany-based insurance and asset management company that provides a broad portfolio of personal and commercial financial protection products and global asset management solutions.
CME Ventures
CME Group is the world's leading derivatives marketplace, providing essential infrastructure for risk management, price discovery, and capital formation across the international economy.
Fluxus Ventures
Fluxus Ventures is a real estate venture capital firm that designs data-centric solutions to enhance the financial and environmental performance of real estate portfolios globally.
What's next for 1QBit?
With the support of its recent capital injection, 1QBit is poised to accelerate its research and development initiatives, focusing on the refinement of its quantum-ready software stack. The company is expected to deepen its strategic partnerships with global technology leaders to expand the reach of its API services. As the quantum hardware market matures, 1QBit's focus will likely shift toward scaling its enterprise-level solutions, ensuring that its software remains the industry standard for developers seeking to optimize performance in a post-classical computing environment.
See full 1QBit company page
