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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 27 active competitors, including 5 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
Employee Count
7 as on May 31, 2026
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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
3538
Seed
9633
5855
1128
8235
Jun 26, 2024
8953732
Seed
9587598
7697045
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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
2y 0m
Team
-
Current
2y 0m

Bloq Quantum's employee count trend

Bloq Quantum has 7 employees as of May 26. Here is Bloq Quantum's employee count trend over the years:
Employee count trend for Bloq Quantum
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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
59/100
3rd
Logo for Google Quantum AI
Google Quantum AI
2020, Santa Barbara (United States), Unfunded
Platform offering machine learning software library
-
-
46/100
4th
Logo for Bloq Quantum
Bloq Quantum
2024, Kollam (India), Seed
Provider of quantum algorithm development solutions for accelerating various use cases
$251K
34/100
5th
Logo for Zapata Quantum
Zapata Quantum
2017, Boston (United States), Series B
Developer of software platforms for building and deploying quantum applications
$15M
30/100
6th
Logo for Anaqor
Anaqor
2020, Berlin (Germany), Funding Raised
Provider of software solutions for quantum computing
-
24/100
7th
Logo for SNOWDROP
SNOWDROP
Vancouver (Canada), Unfunded
Provider of software for quantum computing
-
-
24/100
8th
Logo for Meropequantum
Meropequantum
London (United Kingdom), Unfunded
Developer of a quantum computing platform for research and development
-
-
24/100
9th
Provider of quantum and AI solutions across industries and policy circles
-
-
24/100
10th
Logo for OpenQL Project
OpenQL Project
2016, Osaka (Japan), Unfunded
Software providing multiple open source libraries and a quantum computer emulator
-
-
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
9366964
7567458
6272257
8675170
6728673
6070382
3447887
9794647
7339143
3269642
9747000
9498930
9358851
2831723
3281763
4586324
Fund
13.01%
1.3Cr
1698699
4493431
6619690
1666838
4855487
9773382
4468612
1208297
4790603
6725503
2
2
5
4
8
2
ESOP Pool
10.01%
1Cr
6601139
6279486
8116235
5392490
Total
100.00%
10Cr
2356937
3281994
6064580
5004884
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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
View more details of Bloq Quantum's Shareholding

Bloq Quantum's Investments and acquisitions

Bloq Quantum has made no investments or acquisitions yet.

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