Haiqu, a quantum software company, has raised $4 million in pre-seed funding to accelerate the adoption of near-term quantum computing. The funding round was led by MaC Venture Capital, with participation from Toyota Ventures, SOMA Capital, u.ventures, SID Venture Partners, and Roosh Ventures.
“We are accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible,” said Richard Givhan, co-founder and CEO at Haiqu. “We are proud to be backed by investors with remarkable deep-tech ecosystems and a track record of supporting the commercialization of breakthrough tech.”
Haiqu aims to make quantum computing more accessible to businesses by developing software that can run on existing quantum hardware. The company’s software platform, called Quantum Engine, is designed to simplify the process of developing and running quantum applications. Quantum computing has the potential to revolutionize industries such as finance, healthcare, and logistics by solving complex problems that are currently beyond the capabilities of classical computers. However, the technology is still in its early stages, and there are significant challenges to overcome before it can be widely adopted.
One of the biggest challenges is the lack of a standardized software stack for quantum computing. This makes it difficult for businesses to develop and run quantum applications, as they need to have expertise in both quantum hardware and software. Haiqu’s Quantum Engine aims to address this challenge by providing a standardized software stack that can run on any quantum hardware. The platform includes a range of tools and libraries that make it easier for developers to write quantum code, as well as a cloud-based service that allows businesses to run quantum applications without needing to invest in their own hardware. The funding will be used to further develop the Quantum Engine platform and expand Haiqu’s team. The company also plans to work with hardware partners to ensure that its software is compatible with a wide range of quantum hardware. In addition to its software platform, Haiqu is also developing a range of quantum applications for industries such as finance and logistics. These applications are designed to solve specific problems that are currently beyond the capabilities of classical computers.
Overall, Haiqu’s pre-seed funding is a positive development for the quantum computing industry. By developing a standardized software stack and making quantum computing more accessible to businesses, the company is helping to accelerate the adoption of this transformative technology.