Germany · Information technology & services startup

HQS Quantum Simulations

HQS Quantum Simulations is a German startup founded in 2017, originating from the Karlsruhe Institute of Technology.

Funding reportedLast round: Seed

Information technology & servicesKarlsruhe, Germany

About HQS Quantum Simulations

HQS Quantum Simulations is a German startup founded in 2017, originating from the Karlsruhe Institute of Technology.

The company specializes in developing software for simulating quantum systems and predicting molecular properties, primarily serving the life sciences, chemistry, and pharmaceuticals sectors. HQS aims to bridge the gap between theoretical quantum research and practical industrial applications, focusing on optimized quantum computing solutions. HQS offers a range of bespoke simulation software and cloud-based tools. Their key products include the Quantum Assisted Design Cloud (QAD), a platform for simulating molecules on quantum computers; HQStage, a modular toolkit for quantum system simulation; and the open-source library qoqo. They also provide proprietary solutions like the Active Space Finder and custom quantum algorithms and compilers. The software is designed to work on conventional computers while being adaptable for future quantum integration. The company collaborates with notable clients such as BASF, Bosch, and Merck, targeting industries involved in performance materials, specialty chemicals, and pharmaceuticals. HQS is committed to helping its customers leverage quantum computing opportunities while managing associated risks.

What company datasets say HQS Quantum Simulations raised

Funding, as reported

Reported in all14.3Min the source's currency
Rounds3
Last roundSeed
Last round size1.1M
Last round dateJan 2022
Investors listed7

Founders and team

From HQS Quantum Simulations's own website: 4 founders.

Dr. Michael MarthalerCEO, Co–Founder
Dr. Iris SchwenkCOO, Co–Founder
Dr. Sebastian ZankerCTO, Co–Founder
Dr. Jan ReinerCSO, Co–Founder

On a portfolio page

Investors who name them

Each firm lists HQS Quantum Simulations on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

health carequantum simulation toolkitmolecular modelingquantum materialsenterprisesquantum benchmarkingnisq eraquantum chemistry simulationsquantum error correctioneducationinformation technology & servicescloud computingenterprise softwaresimulationquantum noise modelingquantum hardware

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Sector
Information technology & services
Industry code
NAICS 54171, 51321, SIC 7375, 7372
Region
Baden-Wuerttemberg
Revenue
1.3M a year, as listed
Full record
Every detail in the company directory

Information technology & services in Germany

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