HQS Quantum Simulations
Latest round
- Series A
Last raised
- Feb 2023
Total raised
- $17M
Investors
- 5
About HQS Quantum Simulations
HQS Quantum Simulations GmbH, founded in 2017 in Karlsruhe, Germany, specializes in quantum simulation solutions. The company was established by Iris Schwenk, Jan Reiner, Michael Marthaler, and Sebastian Zanker. Currently, Michael Marthaler serves as the CEO.HQS Quantum Simulations specializes in providing advanced quantum computing and simulation solutions targeted primarily at life sciences, chemistry, and pharmaceuticals. Their core offerings include a suite of quantum algorithms designed to solve real-world challenges, which go beyond traditional variational methods to deliver high precision and reliability. The company also offers customizable Software as a Service (SaaS) solutions, ready-to-use quantum software, and innovative quantum algorithms to automate workflows and integrate quantum computing tools into existing systems. These products serve a diverse client base, including academic institutions, research organizations, and industrial enterprises, enabling them to leverage quantum technologies for tasks such as materials research, molecular structure elucidation, and complex data classification.HQS Quantum Simulations generates revenue through a combination of subscription-based services and project-based partnerships with established clients. Their transactions often involve long-term engagements with universities and industrial partners, where clients subscribe to their quantum simulation software or commission bespoke quantum computing solutions for specific research projects. The pricing structure typically reflects the complexity and scope of the services provided, with various tiers designed to meet the needs of both small research teams and large-scale industrial applications. Notably, their flagship product, HQStage, serves as a modular toolkit allowing users to manage quantum simulations with seamless integration into their workflows. Furthermore, they aim to expand their market presence into North America and Asia, positioning themselves for greater engagement by leveraging their advanced quantum technologies.
Who invested in HQS Quantum Simulations
5 investors across 3 rounds
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Questions about HQS Quantum Simulations
Who invested in HQS Quantum Simulations?
HQS Quantum Simulations has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has HQS Quantum Simulations raised?
HQS Quantum Simulations has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did HQS Quantum Simulations last raise money?
HQS Quantum Simulations's most recent round on record is a Series A, in Feb 2023.
What does HQS Quantum Simulations do?
HQS Quantum Simulations GmbH, founded in 2017 in Karlsruhe, Germany, specializes in quantum simulation solutions.
Where is HQS Quantum Simulations headquartered?
HQS Quantum Simulations is headquartered in Karlsruhe, Germany.
Which VCs invest in companies like HQS Quantum Simulations?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at HQS Quantum Simulations's stage. Their profiles are linked below.
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