QunaSys Raises $10M in its Series B Funding Led by VGI to Expand Overseas Markets Further as a Japan-Based Quantum Computer Software Startup | News
TOKYO, March 28, 2022 /PRNewswire/ — QunaSys Inc. (“QunaSys”), just one of the world’s major builders of ground breaking algorithms in chemistry centered on accelerating the development of quantum technology applicability, has announced right now that it has raised $10 million in its series B funding phase the led by JIC Enterprise Progress Investments (“VGI”), with participation from ANRI, Fujitsu Ventures Fund LLC, World Brain, HPC Techniques Inc., JST Accomplishment Program, MUFJ Capital, Shinsei Company Expenditure Confined, and Zeon Corporation. At the same time, QunaSys has introduced that it has arrive to an settlement with Zeon Corporation, Fujitsu Limited, and HPC Sytems Inc. for a cash tie-up and a enterprise alliance. The investment implies an essential progress for QunaSys given that the former funding in 2019.
Due to the fact 2019, QunaSys has developed its R&D and business enhancement actions and reached file business development. In July 2020, QunaSys proven QPARC, a Japanese consortium to study quantum computing applicability of quantum computers. Given that then, much more than 50 firms have participated in QPARC and the consortium has explored distinct quantum computing use circumstances, these types of as new electricity examination, molecular framework optimization, or sustainable material manufacturing, from ENEOS Holding and JSR Company.
In October 2021, QunaSys released “Qamuy™“, a cloud-accessible quantum computing advancement system that now has additional than 3.3 million jobs executed in excess of it. In anticipation of the quantum computing current market adoption in the forthcoming decades, QunaSys aims to make its “Qamuy™” offered as the global de-facto conventional for main hardware devices.
“Although quantum pc hardware is getting developed around the planet, for quantum pcs to be commonly applied by customers it is critical to have correct algorithms to meet the difficulties and software package that serves as an interface for end users to grasp quantum computers. We have invested in QunaSys since we consider that QunaSys will be an indispensable enterprise for the long run spread of quantum desktops in Japan. “ – Yuki Kuwabara, JIC Undertaking Progress Investments Co., Ltd., Principal
QunaSys is collaborating with Europe primarily based consortiums to strengthen quantum computing, functioning alongside one another with the Pistoia Alliance in the enhancement of quantum computing in the Pharma Sector and the Quantum Flagship plan contributing to re-coach field staff with quantum computing for chemistry finding out plans.
“It has been four years considering the fact that we recognized QunaSys, and since then with the aid of our proficient members and corporations at the forefront of their marketplace, we have been functioning toward the simple application of quantum computer systems. This fundraising will aid speed up the growth of extra usable quantum computing chemical software program and grow latest business enterprise abroad to open a European base.” – Tennin Yan, QunaSys Inc. CEO.
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About QunaSys Inc.
QunaSys is the world’s major developer of impressive algorithms in chemistry centered on accelerating the improvement of quantum technology applicability. QunaSys permits maximization of the electricity of quantum computing through its highly developed joint investigate that addresses chopping-edge technologies delivering Qamuy™, one particular of the most impressive quantum chemical calculation cloud software package to ever exist, fostering the enhancement of collaboration by way of its QPARC field consortium, and operating with research establishments from equally academia and govt sectors. QunaSys software operates on various platforms with applicability in all chemical-related industries to encourage the adoption of quantum computing.
*All firm and solution names mentioned herein are logos or registered trademarks of QunaSys, Inc. or their respective providers.
Contact: QunaSys Inc., E-mail: [email protected]
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