Quantum Computing startups in Switzerland
There are 17 Quantum Computing startups in Switzerland which include ID Quantique, Terra Quantum, SEALSQ, Zurich Instruments, Qnami. Out of these, 10 startups are funded, with 6 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 University of California (Berkeley).
Here is the list of top Quantum Computing startups in Switzerland
1. ID Quantique
IDQ is a provider of network and data encryption solutions. It provides network encryption solutions for the protection of data in transit. It supports up to 100Gbps on local and SAN for data center interconnect meshed global WAN networks. It uses algorithms and quantum key generation and quantum key distribution for the long-term protection of sensitive data.
Key facts about ID Quantique
- Founded Year: 2001
- Location: Geneva (Switzerland)
- Stage: Acquired
- Total Funding till date: $10.8M
- Investors: Quantum Wave Fund, SK Telecom and 7 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2021, $*****
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 2 of 133 Competitors
Provider of quantum as a service platform. It develops quantum computing applications. It works on quantum cryptography, quantum computing, machine learning, artificial intelligence, MRI scanner, software, and hardware development.
Key facts about Terra Quantum
- Founded Year: 2019
- Location: St. Gallen (Switzerland)
- Stage: Series A
- Total Funding till date: $85.9M
- Investors: Lakestar, Investcorp and 1 Other
- Latest Funding Round: Grant (prize money), Aug 06, 2024, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 1 of 121 Competitors
3. SEALSQ
Key facts about SEALSQ
- Founded Year: 2022
- Location: Cointrin (Switzerland)
- Stage: Public
- Latest Funding Round: Post IPO, Jan 11, 2024, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 6 of 112 Competitors
Provider of precision measurement instruments and control software. It develops and manufactures high-performance instruments for quantum computing, impedance analysis, and other advanced applications. These instruments are complemented by LabOne®, a platform-independent control software suite enabling efficient experimental workflows. The company offers a range of products including lock-in amplifiers, impedance analyzers, and arbitrary waveform generators, supporting various research areas such as quantum technologies, optics and photonics, and nanotechnology. The software facilitates time and frequency-domain data analysis, enabling researchers to acquire and process complex data efficiently.
Key facts about Zurich Instruments
- Founded Year: 2008
- Location: Zurich (Switzerland)
- Stage: Acquired
- Total Funding till date: $109K
- Investors: Venturelab, Europa and 1 Other
- Latest Funding Round: Grant (prize money), Sep 01, 2020, $*****
- Tracxn Score: 50/100 What is this?
- Competitors Rank: 1 of 6 Competitors
5. Qnami
Developer of quantum-based scanning probe microscopic equipment. It uses quantum mechanics to control the state of a single electron using which it measures the electric and magnetic fields. The company uses diamond-based nanosensors to provide applications in superconductivity, microwave imaging, magnetic nanomemories, and antiferromagnetic RAM.
Key facts about Qnami
- Founded Year: 2016
- Location: Muttenz (Switzerland)
- Stage: Series A
- Total Funding till date: $7.19M
- Investors: Runa Capital, Quantonation and 9 Others
- Latest Funding Round: Series A, May 11, 2021, $*****
- Tracxn Score: 42/100 What is this?
- Competitors Rank: 10 of 119 Competitors
