IBM Ventures Invests in QunaSys

QunaSys has been a member of the IBM Quantum Network for a while and has collaborated with IBM on research, published a joint paper on the research, and beta tested the Qiskit Runtime service. The company specializes in developing algorithms for quantum chemical calculations for use in materials discovery, chemistry, drug discovery, and other applications. In 2021, they launched a cloud-accessible quantum computing development platform named Come on, a quantum chemistry software service that runs in the cloud and performs computational chemical calculations for those without expertise in quantum algorithms. Now, IBM Ventures have made an investment in the company they will use to further develop their software for easy-to-use quantum chemical calculations and materials research development. The investment amount has not been disclosed to the public. Additional information about this investment can be found in the news release posted on the QunaSys website Here.

May 9, 2023