Horizon Quantum is part of a new crop of startups that focus on building new tools for building software for quantum computers. The Singapore-based company, which is hardware-agnostic but also launched a close partnership with Rigetti Computing in 2018, today announced that it has raised a $3.23 million funding round led by Sequoia Capital India. Previous investors SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV also participated.
Ahead of the TNW Conference in Amsterdam where our CEO Dr Joe Fitzsimons will be a speaker, he sat with Thomas Macaulay to discuss the tremendous potential of quantum computing and our industry’s current challenges, from talent shortage to the need for patient capital.
The Trinity Quantum Alliance is a new collaboration that brings together experts from research and industry, and which will provide a new custom space in Trinity East for innovative projects in quantum science and technology, simulation, education and computation in Ireland.
Singapore, 31 March 2023 – Horizon Quantum Computing, a Singapore-based company building software development tools to unlock the potential of quantum computing hardware, announced today that it has raised USD 18.1 million Series A investment from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital and Expeditions Fund.
Quantum Zeitgeist featured Horizon's CEO Joe Fitzsimons in their list of 10 quantum leaders running quantum computing companies: "We love the mission to make Quantum Computing a general-purpose quantum technology. Making quantum computing truly accessible to everyone could be a world-leading quest, and we like it!”
Singapore’s great quantum quest makes the cover story of The Business Times. Our CEO Joe Fitzsimons, who was interviewed for the article, speaks about the fast development of the technology: "Year by year, month by month, even week by week, progress is made in the field."
As part of its 20th-anniversary celebrations, the Singapore Businesses Federation launched the book ‘20 Conversations’. Deputy Prime Minister Mr Heng Swee Keat was the guest of honour at the event along with the attendance of 100 business leaders, trade associations and chamber leaders.