Quantum Computing startups in Southeast Asia
There are 16 Quantum Computing startups in Southeast Asia which include Horizon Quantum Computing, Entropica Labs, SpeQtral, Squareroot8, Centre for Quantum Technologies. Out of these, 5 startups are funded, with 3 having secured Series A+ funding.
Over the past 10 years, an average of 1 new company has been launched annually. Notably, several of these startups have been founded by alumni of National University of Singapore (NUS), INSEAD and Macquarie Business School, Macquarie University.
Here is the list of top Quantum Computing startups in Southeast Asia
Provider of software development tools for quantum computing. It provides users with a platform that offers users a platform for the development of software development tools for quantum computing. It also employs programs, writing, quantum algorithms constructing, quantum techniques, and applications.
Key facts about Horizon Quantum Computing
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $21.3M
- Investors: Peak XV Partners, Pappas Capital and 11 Others
- Latest Funding Round: Series A, Apr 13, 2022, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 2 of 25 Competitors
Developer of integrated systems to optimize quantum computers. It offers an open source library for creating, customizing, and executing quantum approximate optimization algorithm workflows on quantum computers and simulators. The company provides a physics based optimization suite to run, test, deploy, and benchmark quantum optimization algorithms to increase its performance. It develops software that integrates with cloud-based quantum computing platforms.
Key facts about Entropica Labs
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $7.34M
- Investors: State Farm, Wavemaker Partners and 14 Others
- Latest Funding Round: Series A, Sep 05, 2024, $*****
- Tracxn Score: 48/100 What is this?
- Competitors Rank: 2 of 11 Competitors
3. SpeQtral
Provider of space-based quantum-safe communication solutions. It provides secure communications powered by quantum key distribution (QKD) via satellites using its flight-proven quantum light sources that are rugged and compact enough to fit on cube satellites. Its quantum key distribution (QKD) technology utilizes the properties of quantum physics to enable encryption which is immune to new quantum computers that can crack traditional keys.
Key facts about SpeQtral
- Founded Year: 2017
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $10.2M
- Investors: Space Angels, Xora Innovation and 10 Others
- Latest Funding Round: Series A, Nov 30, 2021, $*****
- Tracxn Score: 42/100 What is this?
- Competitors Rank: 21 of 175 Competitors
4. Squareroot8
Provider of secure communication solutions. They offer solutions in quantum communication technologies to secure sensitive data and address vulnerabilities. They offer quantum cryptographic solutions designed to mitigate vulnerabilities.
Key facts about Squareroot8
- Founded Year: 2023
- Location: Singapore (Singapore)
- Stage: Unfunded
- Tracxn Score: 33/100 What is this?
- Competitors Rank: 33 of 175 Competitors
Centre for Quantum Technologies is a research centre established by Singapore's National Research Foundation and Ministry of Education. Major research areas include entanglement, cold fermions, quantum optics, cold atoms and ions, quantum networks, algorithms, computation, cryptography and games, etc. Claims to employ approximately 120 researchers with over 190 publications in total. CQT has collaborated with Google's superconducting chip for running quantum simulations and with Singtel's cybersecurity systems for quantum key distribution.
Key facts about Centre for Quantum Technologies
- Founded Year: 2007
- Location: Singapore (Singapore)
- Stage: Funding Raised
- Investors: National Research Foundation and MOE
- Latest Funding Round: Grant (prize money), 2014, $*****
- Tracxn Score: 30/100 What is this?
- Competitors Rank: 10 of 149 Competitors
