Bloq Quantum - About the company
Bloq Quantum is a seed company based in Kollam (India), founded in 2024 by Jay Patel and Sreekuttan L S. It operates as a Provider of quantum algorithm development solutions for accelerating various use cases. Bloq Quantum has raised $251K in funding from Inflection Point Ventures, with a current valuation of ₹*****. The company has 25 active competitors, including 4 that are funded. Its top competitors include companies like Classiq, Horizon Quantum Computing and Google Quantum AI.
Company Details
Provider of quantum algorithm development solutions for accelerating various use cases. They offer wide range of solutions for various sectors such as energy,manufacturing,defense,healthcare and much more.
- Website
- www.bloq.in
- Registered Address
- 552 GURUKRIPA,MAROOR, ODANAVATTOM, MUTTARA, Kudavattur, Kollam, Kottarakkara, Kerala, India, 691512
Key Metrics
Founded Year
2024
Location
Kollam, India
Stage
Seed
Total Funding
$251K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 17, 2024
Investors
Ranked
4th among 25 active competitors
Legal entities associated with Bloq Quantum
Bloq Quantum is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLOQ QUANTUM PRIVATE LIMITED CIN: U62013KL2024PTC087572 , India, Active | May 08, 2024 | - | - |
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Bloq Quantum's funding and investors
Bloq Quantum has raised a total funding of $251K over 2 rounds. Its first funding round was on Jun 26, 2024. Bloq Quantum has 3 institutional investors.
Here is the list of recent funding rounds of Bloq Quantum:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2024 | 3072 | Seed | 6765 | 1450 | 4384 | 2390 |
Jun 26, 2024 | 2326980 | Seed | 6419010 | 9343889 |
View details of Bloq Quantum's funding rounds and investors
Bloq Quantum's founders and board of directors
Founder? Claim ProfileThe founders of Bloq Quantum are Jay Patel and Sreekuttan L S. Sreekuttan L S is the CEO of Bloq Quantum.
Here are the details of Bloq Quantum's key team members:
- Jay Patel: Co-Founder & CTO of Bloq Quantum. They serve on the board of 1 company.Contact Info: 1 email address
- Sreekuttan L S: Co-Founder & CEO of Bloq Quantum. They serve on the board of 1 company.
Bloq Quantum's Board of Directors
Bloq Quantum's board has 2 active members. Jay Patel and Sreekuttan L S are part of team.Here is the list of Bloq Quantum's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 1y 8m | |
Team | - | Current | 1y 8m |
View details of Bloq Quantum's Founder profiles and Board Members
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Bloq Quantum's Competitors and alternates
Top competitors of Bloq Quantum include Classiq, Horizon Quantum Computing and Google Quantum AI. Here is the list of Top 10 competitors of Bloq Quantum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of software solutions for quantum computing | $180M | 65/100 | ||
2nd | Horizon Quantum Computing 2018, Singapore (Singapore), Series A | Provider of software development tools for quantum computing | $21.3M | 57/100 | |
3rd | Google Quantum AI 2020, Santa Barbara (United States), Unfunded | Platform offering machine learning software library | - | - | 47/100 |
4th | Bloq Quantum 2024, Kollam (India), Seed | Provider of quantum algorithm development solutions for accelerating various use cases | $251K | 33/100 | |
5th | Provider of software solutions for quantum computing | - | 24/100 | ||
6th | OpenQL Project 2016, Osaka (Japan), Unfunded | Software providing multiple open source libraries and a quantum computer emulator | - | - | 24/100 |
7th | Quantumvio Melbourne (Australia), Unfunded | Developer of a platform for quantum software development and community building | - | - | 24/100 |
8th | ![]() Vernexquantumvalley 2022, Dubai (United Arab Emirates), Unfunded | Provider of quantum and AI solutions across industries and policy circles | - | - | 24/100 |
9th | ![]() Meropequantum Unfunded | Developer of a quantum computing platform for research and development | - | - | 24/100 |
10th | Provider of artificial intelligence and quantum computing solutions for business | - | - | 24/100 |
Looking for more details on Bloq Quantum's competitors? Click here to see the top ones
Bloq Quantum's Investments and acquisitions
Bloq Quantum has made no investments or acquisitions yet.
Reports related to Bloq Quantum
Here is the latest report on Bloq Quantum's sector:
News related to Bloq Quantum
•
After GenAI, investors make a beeline for quantum computing startupsFinancial Express•Nov 26, 2024•OpenAI, Speciale Invest, Exfinity Venture Partners, 8X Ventures and 7 others
•
Bloq Quantum Raises INR 1.3 Crore in Pre-Seed Round Led by Inflection Point VenturesStartup Story•Aug 01, 2024•Bloq Quantum, Inflection Point Ventures, Quantum, FlexiBees
•
Bloq Quantum has raised INR 80 lakh in Seed investment from IPV early-stage accelerator programmeEnablers•Jul 11, 2024•Bloq Quantum, Inflection Point Ventures
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