Quantinuum Ltd. Asset Profile

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Year established

2021

Location

Broomfield CO US

Primary Industry

Software

About

Based in Colorado, US, and founded in 2021 by Chief Product Officer Ilyas Khan, Quantinuum Ltd. operates as a software company providing quantum computing applications intended for use in the life sciences, biotech, manufacturing, energy, automotive, finance, chemicals, and defense industries. In January 2024, Quantinuum, Ltd. raised USD 300 million in venture funding led by JP Morgan Asset Management, with participation from Mitsui & Co. Alternative Investments, Amgen Ventures, and Honeywell Ventures also participated in the round. Quantinuum Ltd. provider a variety of services such as cybersecurity, computational chemistry, and hardware with a wide range of product and services such as the H-Series quantum computers, utilizes trapped-ion technology to improve operations, Quantum Origin, InQuanto, and many more for fields such as drug discovery, materials science, and cybersecurity. The company provides advanced software platforms like TKET for quantum software development and InQuanto for quantum computational chemistry with improving data encryption, addressing critical cybersecurity needs. The company plans to use the funding from January 2024 to develop universal fault-tolerant quantum computers, while also extending Quantinuum’s software offering to enhance commercial applicability.

Current Investors

JSR Corporation, 2xN, Amgen Ventures

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Primary Industry

Software

Sub Industries

Hardware, IT Security/Cybersecurity, Systems Management Software, Application Integration Software

Website

www.quantinuum.com

Verticals

Artificial Intelligence, Cloud Computing

Total Amount Raised

Subscriber access only

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