December 22, 2024

QunaSys raises $10M in its Series B funding

QunaSys raises $10M in its Series B funding

QunaSys, a startup developing innovative algorithms in chemistry, has announced that it has raised $10 million in its series B funding stage the led by JIC Venture Growth Investments (“VGI”), with participation from ANRI, Fujitsu Ventures Fund LLC, Global Brain, HPC Systems Inc., JST SUCCESS Program, MUFJ Capital, Shinsei Corporate Investment Limited, and Zeon Corporation.

Simultaneously, QunaSys has announced that it has come to an agreement with Zeon Corporation, Fujitsu Limited, and HPC Sytems Inc. for a capital tie-up and a business alliance.

In July 2020, QunaSys established QPARC, a Japanese consortium to study quantum computing applicability of quantum computers. Since then, more than 50 companies have participated in QPARC and the consortium has explored different quantum computing use cases, such as new energy analysis, molecular structure optimization, or sustainable material manufacturing, from ENEOS Holding and JSR Corporation.

In October 2021, QunaSys launched “Qamuy™”, a cloud-accessible quantum computing development platform that now has more than 3.3 million jobs executed over it.  In anticipation of the quantum computing market adoption in the upcoming years, QunaSys aims to make its “Qamuy™” available as the global de-facto standard for main hardware devices.

QunaSys is collaborating with Europe-based consortiums to boost quantum computing, working together with the Pistoia Alliance in the development of quantum computing in the Pharma Industry and the Quantum Flagship program contributing to re-train industry workers with quantum computing for chemistry learning programs.

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