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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.
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
Ranked
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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
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Bloq Quantum's founders and board of directors

Founder? Claim Profile
The 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:

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
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Classiq
Classiq
2020, Tel Aviv (Israel), Series C
Provider of software solutions for quantum computing
$180M
65/100
2nd
Logo for Horizon Quantum Computing
Horizon Quantum Computing
2018, Singapore (Singapore), Series A
Provider of software development tools for quantum computing
$21.3M
57/100
3rd
Logo for Google Quantum AI
Google Quantum AI
2020, Santa Barbara (United States), Unfunded
Platform offering machine learning software library
-
-
47/100
4th
Logo for Bloq Quantum
Bloq Quantum
2024, Kollam (India), Seed
Provider of quantum algorithm development solutions for accelerating various use cases
$251K
33/100
5th
Logo for Anaqor
Anaqor
2020, Berlin (Germany), Funding Raised
Provider of software solutions for quantum computing
-
24/100
6th
Logo for OpenQL Project
OpenQL Project
2016, Osaka (Japan), Unfunded
Software providing multiple open source libraries and a quantum computer emulator
-
-
24/100
7th
Logo for Quantumvio
Quantumvio
Melbourne (Australia), Unfunded
Developer of a platform for quantum software development and community building
-
-
24/100
8th
Provider of quantum and AI solutions across industries and policy circles
-
-
24/100
9th
Developer of a quantum computing platform for research and development
-
-
24/100
10th
Logo for IANTUM
IANTUM
Elche (Spain), Unfunded
Provider of artificial intelligence and quantum computing solutions for business
-
-
24/100
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Bloq Quantum's Latest cap tables and shareholding

Founders (largest shareholder) own 76.98%, Funds own 13.01% and ESOP Pool own 10.01%. The net worth of Bloq Quantum's founders is INR 7.7Cr as of Jul 17, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
76.98%
7.7Cr
3544352
7797697
2246728
5331465
5371060
5691037
5355968
6622379
8009962
8985098
6951978
8179806
8667439
4869272
4683409
3816556
Fund
13.01%
1.3Cr
9955291
2669398
8388825
4489689
6820722
7276678
2747371
8076514
8925904
3809634
3
5
5
7
5
7
ESOP Pool
10.01%
1Cr
2656783
8967036
6657781
6920807
Total
100.00%
10Cr
1819781
8165588
9872324
5328707
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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Bloq Quantum's Investments and acquisitions

Bloq Quantum has made no investments or acquisitions yet.

Reports related to Bloq Quantum

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News related to Bloq Quantum

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