# Seeqc

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

- Industry: Semiconductors
- Headquarters: Elmsford, US
- Website: www.seeqc.com/
- Total disclosed funding: $57M
- Latest round: Series A (Oct 31, 2024)
- Investors on record: 13

## About

Based in the US, Seeqc, Inc. provides a platform for advanced quantum computing, specializing in all-digital, chip-to-chip integration technologies for practical and scalable quantum applications.Seeqc, Inc., founded in 2018, is headquartered in Elmsford, US. The company focuses on developing innovative quantum computing solutions, evolving its strategic focus towards chip integration technologies. Key figures include founders Matthew Hutchings and Oleg Mukhanov, with John Levy as CEO. In total, Seeqc has completed 5 deals, including a recent Series A funding round on October 31, 2024, raising USD 29.896 mn from various investors, bringing the total amount raised to USD 29.896 mn and the current valuation to USD 165.872 mn.SEEQC specializes in the development of advanced quantum computing systems, focusing on all-digital, chip-to-chip integration technologies. Their core offerings include the world’s first Quantum Computing System-on-a-Chip, which aims to streamline the design and production of quantum computers, enhancing energy efficiency and scalability for diverse applications, including heterogeneous catalysis. SEEQC serves a wide-ranging clientele, including prominent research institutions and technology developers across North America and Europe, with plans to expand into Asia-Pacific markets.Revenue generation for SEEQC primarily occurs through B2B partnerships and collaborations with research institutions and technology firms. Transactions typically involve contractual agreements for bespoke quantum computing solutions, with milestone-based payment schedules tied to deliverables and potential licensing fees for proprietary technologies. Their flagship Quantum Computing System-on-a-Chip is part of comprehensive packages that include ongoing support and upgrades, reflecting the company's commitment to long-term relationships with clients.In October 2024, Seeqc, Inc. secured USD 29.90 mn in Series A funding, co-led by Booz Allen Ventures and NordicNinja, among other investors. The funding will be utilized to enhance chip technology, accelerate commercial deployment, and strengthen partnerships, particularly with NVIDIA. Additionally, Seeqc plans to introduce new products aimed at improving real-time error correction for scalable quantum applications while targeting expansion in specific international markets, particularly in Asia-Pacific regions by the end of 2025.

## Funding rounds

- Series A, Oct 31, 2024, $30M — Asset Management Ventures, Vertical Venture Partners, BlueYard Capital, M Ventures, FAM AB, NordicNinja VC, Booz Allen Ventures, SIP Capital, SIP Capital
- Series A, Jul 10, 2020, $21M — EQT, Partnership Fund for New York City, BlueYard Capital, M Ventures, FAM AB, LG Technology Ventures, New Lab, LLC
- Seed, Aug 5, 2019, $6.8M — Partnership Fund for New York City, BlueYard Capital, Cambium Capital, New Lab, LLC

## Investors

- Partnership Fund for New York City (https://capitalatlas.ai/funds/partnership-fund-for-new-york-city) — Seed, Series A
- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed, Series A
- Cambium Capital (https://capitalatlas.ai/funds/cambium-capital) — Seed
- New Lab, LLC — Seed, Series A
- EQT (https://capitalatlas.ai/funds/eqt) — Series A
- M Ventures (https://capitalatlas.ai/funds/m-ventures) — Series A
- FAM AB — Series A
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series A
- Asset Management Ventures (https://capitalatlas.ai/funds/asset-management-ventures) — Series A
- Vertical Venture Partners (https://capitalatlas.ai/funds/vertical-venture-partners) — Series A
- NordicNinja VC (https://capitalatlas.ai/funds/nordicninja-vc) — Series A
- Booz Allen Ventures (https://capitalatlas.ai/funds/booz-allen-ventures) — Series A
- SIP Capital — Series A