Quantistry, a leader in chemical simulations, has secured €3 million ($3.28M USD) in funding led by Ananda Impact Ventures to advance research and development (R&D) in chemical and material sciences. The funding, supported by notable co-investors including Chemovator the business incubator of BASF, IBB Ventures, and a Family Office, will bolster Quantistry’s mission to revolutionize industrial R&D through its cloud-native platform, integrating Quantum and AI technologies. This approach aims to address challenges such as high costs and slow innovation, offering unprecedented benefits to industries seeking sustainable solutions. Marcel Quennet, CEO of Quantistry, indicated that chemical simulations will not only transform industrial R&D but will also help achieve a greener future. Alina Bassi, Investment Manager at Ananda Impact Ventures, highlights the crucial role Quantistry plays in fostering sustainability through quantum chemistry, chemical simulations, and AI. For additional information, you can access the press release provided by Quantistry here.
March 13, 2024