BlueQubit Secures $10M Seed Funding to Accelerate the Development of Quantum-enabled Enterprise Applications
Mohamed Abdel-Kareem2024-12-21T13:16:15-08:00BlueQubit, a quantum software startup based in San Francisco, has raised $10 million in a seed funding round led by Nyca Partners, with participation from Restive, Chaac Ventures, NKM Capital, Presto Ventures, Tech Horizons, BigStory, Untapped Ventures, Formula VC, and Granatus. Founded by Stanford alumni Hrant Ghairbyan and Hayk Tepanyan, the company aims to integrate quantum computing into real-world applications through its Quantum Software as a Service (QSaaS) platform. The QSaaS framework connects enterprise users to Quantum Processing Units (QPUs) and quantum emulators, addressing challenges in sectors like finance, pharmaceuticals, and materials science. BlueQubit's software stack enables quantum emulators that are [...]