Cambridge Quantum - About the company
Cambridge Quantum is a series C company based in London (United Kingdom), founded in 2014 by Ilyas Khan. It operates as a Provider of AI-based software for quantum computing. Cambridge Quantum has raised $95M in funding from investors like IBM, Honeywell and JSR Corporation, with a current valuation of £*****. The company has 11 active competitors, including 5 that are funded. Its top competitors include companies like 1QBit, QC Ware and qBraid.
Company Details
Provider of AI-based software for quantum computing. It combines quantum information processing, artificial intelligence, optimisation, and pattern recognition technology. Its proprietary operating system is built for managing computer software and hardware resources. Its other works include a protocol for true randomness using quantum resources, artificial intelligence algorithms for anomaly detection and classification of real-time data, and quantum-resistant cryptocurrency.
- Website
- cambridgequantum.com
- Registered Address
- 32 St. James's Street, London, SW1A 1HD
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Series C
Total Funding
$95M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Oct 06, 2021
Ranked
3rd among 11 active competitors
Annual Revenue
£124K as on Dec 31, 2018
Employee Count
30 as on Mar 31, 2026
Legal entities associated with Cambridge Quantum
Cambridge Quantum is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cambridge Quantum Computing Ltd CIN: 09109848 , United Kingdom, Active | Jun 30, 2014 | $165K (As on Dec 31, 2018) | 75 (As on Dec 31, 2020) |
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Cambridge Quantum's funding and investors
Cambridge Quantum has raised a total funding of $95M over 3 rounds. Its first funding round was on Aug 26, 2015. Its latest funding round was a Series C round on Dec 09, 2020 for $*****. 5 investors participated in its latest round. Cambridge Quantum has 8 institutional investors.
Here is the list of recent funding rounds of Cambridge Quantum:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2020 | 5736702 | Series C | 8637288 | 5472990 | 4711748 | 4514130 |
Feb 14, 2020 | 6252461 | Series B | 1359661 | 7797664 | 2722470 | 7045667 |
Aug 26, 2015 | 3196450 | Series A | 7355598 | 4033416 | 5759915 |
View details of Cambridge Quantum's funding rounds and investors
Cambridge Quantum's founders and board of directors
Founder? Claim ProfileThe founders of Cambridge Quantum is Ilyas Khan.
Here are the details of Cambridge Quantum's key team members:
- Ilyas Khan: Founder & CEO of Cambridge Quantum and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Cambridge Quantum's Board of Directors
Cambridge Quantum's board has 5 active members. Ilyas Khan is part of team and Aaron Ritchie, Mitsunobu Koshiba, Robert Youngjohns and Dr Nicholas Bernard Frank Fishwick are independent board members.Here is the list of Cambridge Quantum's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 4m | |
ztdmmhb | Team | - | Past | 1y 1m |
Independent board member | - | Current | 8y 5m | |
erjajsa | Independent board member | - | Current | 3y 4m |
tzogehq | Independent board member | - | Current | 9y 2m |
cmakucu | Independent board member | - | Current | 4y 5m |
ahonotd | Independent board member | - | Past | 5y 7m |
zzd{kjk | Independent board member | - | Past | 4y 8m |
{vfefoz | Independent board member | - | Past | 9y 4m |
View details of Cambridge Quantum's Founder profiles and Board Members
Cambridge Quantum's employee count trend
Cambridge Quantum has 30 employees as of Mar 26. Here is Cambridge Quantum's employee count trend over the years:
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Cambridge Quantum's Competitors and alternates
Top competitors of Cambridge Quantum include 1QBit, QC Ware and qBraid. Here is the list of Top 10 competitors of Cambridge Quantum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hardware-agnostic platform for quantum computing | $45M | 63/100 | ||
2nd | QC Ware 2014, Palo Alto (United States), Series B | Provider of a cloud-based computational platform for quantum computing | $33.2M | 62/100 | |
3rd | Cambridge Quantum 2014, London (United Kingdom), Series C | Provider of AI-based software for quantum computing | $95M | 54/100 | |
4th | qBraid 2020, Chicago (United States), Seed | Provider of an AI and cloud-based IDE tool for quantum computing | - | 44/100 | |
5th | Anyon Systems 2014, Montreal (Canada), Funding Raised | Computation tools and simulations to design the hardware for quantum computers | - | 31/100 | |
6th | Developer of quantum hardware, software and applications | - | 25/100 | ||
7th | MAGELLAN BLOCKS 2014, Fukuoka (Japan), Unfunded | Provider of cloud and AI-based predictive analytics solutions | - | - | 24/100 |
8th | Softquantus 2023, Paris (France), Unfunded | Developer of AI and quantum computing solutions for business applications | - | - | 24/100 |
9th | Qrithm 2016, Pasadena (United States), Deadpooled | Quantum + Algorithm solutions for innovative technology and impactful connections | - | - | 21/100 |
10th | Provider of quantum computing solutions for software development | $2M | - | 21/100 |
Looking for more details on Cambridge Quantum's competitors? Click here to see the top ones
Cambridge Quantum's Investments and acquisitions
Cambridge Quantum has made no investments or acquisitions yet.
Reports related to Cambridge Quantum
Here is the latest report on Cambridge Quantum's sector:
News related to Cambridge Quantum
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Honeywell-backed company to sell super secure quantum encryption keyThe Star Online•Dec 07, 2021•Cambridge Quantum
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Cambridge Quantum and Honeywell Quantum Solutions combine to form QuantinuumCambridge Network•Dec 02, 2021•Cambridge Quantum, Honeywell, Quantum Solutions, Quantum Computing
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Cambridge Quantum open sources SDK as quantum computing software becomes keyFierceElectronics•Sep 30, 2021•Cambridge Quantum
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Honeywell and Cambridge Quantum reach new milestonesNew Electronics•Jul 22, 2021•Honeywell, Cambridge Quantum
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