SC Ventures, the venture arm of Standard Chartered Bank, and Fujitsu have announced the launch of Project Quanta, a new joint venture. The project will integrate software and hardware technologies to provide a platform for clients to explore, develop, and integrate quantum computing and quantum-inspired applications.
The joint venture will leverage Fujitsu’s expertise in quantum computing R&D and software-and-algorithm development, which includes insights from its superconducting quantum computer development. This will be combined with SC Ventures’ venture-building expertise and insights into financial institutions to accelerate the development of quantum use cases and intellectual property. The platform will provide a development environment, pre-built algorithms for areas such as fraud detection, risk simulations, and derivative pricing, and access to backend hardware.
The project is intended to address the fragmentation in the current quantum development industry by providing a single platform for clients to scale their quantum capabilities. The initiative will utilize Fujitsu’s quantum computing technology. Fujitsu is currently developing a 1,000-qubit superconducting quantum computer with RIKEN, scheduled to begin operation in fiscal 2026, and is planning the development of a 10,000+ qubit system by fiscal 2030.
Read the full announcement here.
September 27, 2025
