# Aegiq

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aegiq

- Industry: Electronics
- Headquarters: Sheffield, UK
- Website: www.aegiq.com
- Total disclosed funding: $3.4M
- Latest round: Seed (Apr 30, 2022)
- Investors on record: 4

## About

Aegiq Ltd. specializes in photonic quantum computing solutions, addressing complex computational challenges in sectors like defense, aerospace, and artificial intelligence with cutting-edge technology.Aegiq Ltd. was founded in 2019 and is headquartered in Sheffield, UK. The company focuses on delivering photonic quantum computing solutions, and since its inception, it has completed a total of four deals. The most recent funding round was a Grant of GBP 500,000 from Innovate UK on September 14, 2022, bringing the total amount raised to GBP 800,000. The CEO, Maksym ????, leads a team that includes Brenda Hernandez and Scott Dufferwiel.Aegiq's primary offerings center around its innovative photonic quantum computing solutions, designed to address complex computational challenges across various industries, including defense, aerospace, cybersecurity, and artificial intelligence. Their core product, the Artemis photonic quantum computer, features a reconfigurable system that can operate in both analog and gate-based modes. This advanced system leverages proprietary photonic microchips and modular integrated circuits to provide unparalleled speed and efficiency, allowing users to tackle problems that exceed the capabilities of classical computing. Aegiq's products are compatible with standard data center infrastructure, making them accessible to a diverse clientele that spans government agencies, private sector companies, and academic institutions in markets such as North America, Europe, and Asia Pacific.Aegiq generates revenue through a model that emphasizes partnerships and direct sales to business clients across various sectors. The company works closely with its clients to develop tailored quantum computing solutions that meet specific industry needs, fostering long-term relationships that can include both project-based work and ongoing service agreements. Transactions may involve subscription-based services for software solutions, while hardware sales follow a direct-to-business model. Aegiq’s flagship product, the Artemis photonic quantum computer, serves as a cornerstone of its revenue strategy, providing clients with a robust platform for quantum processing. The company’s focus on comprehensive solutions and collaboration with clients positions it to capitalize on the growing demand for advanced computational technologies.Aegiq plans to utilize the recent GBP 500,000 Grant funding to develop a field-deployable high-performance quantum light source integrated solution in partnership with Fraunhofer CAP. The company aims to introduce new products that enhance its quantum computing capabilities. Furthermore, Aegiq targets expansion into new geographic regions, including North America and Asia Pacific, to tap into growing markets for advanced computational technologies, aiming for significant advancements by 2024.

## Funding rounds

- Seed, Apr 30, 2022, $1M — High-Tech Gruenderfonds, Quantum Exponential, Black Quant
- Seed, Jan 20, 2022, $2.4M — High-Tech Gruenderfonds, Deepbridge Capital

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Deepbridge Capital (https://capitalatlas.ai/funds/deepbridge-capital) — Seed
- Quantum Exponential (https://capitalatlas.ai/funds/quantum-exponential) — Seed
- Black Quant (https://capitalatlas.ai/funds/black-quant) — Seed