Horizon Quantum Computing gets over $3M in seed funding

The Singapore based company, Horizon Quantum Computing has announced funding of its seed round led by Sequoia Capital India.

Horizon Quantum Computing develops tools to automatically accelerate programs written for conventional computers and adapt them for quantum processors. 

The conventional approach to developing quantum applications is to explicitly specify the individual steps of a quantum algorithm, or to use a library where such explicit steps are specified. What makes our approach unique is that we construct quantum algorithms directly from conventional source code, automatically identifying places where it can be sped up,

Dr Si-Hui Tan, Chief Science Officer at Horizon Quantum Computing

The idea is that the software can accept conventional programs and look for areas that can be enhanced without requiring the user to have in-depth knowledge of quantum computing. The target source code is first parsed and then recast in a form that untangles and simplifies the code so that quantum speedups can be more easily found.

Some aspects of the program are then classified and replaced with more efficient quantum subroutines which accomplish the same task. Finally, these are translated into the basic building blocks of quantum algorithms and processed into a quantum program which can be executed with a quantum computer.

The main mission behind Quantum Horizon Computing is to allows greater flexibility and the opportunity to produce quantum algorithms for new areas without requiring any quantum expertise. You can read more about the company here.

The Quant

The Quant

The Quant possesses over two decades of experience in start-up ventures and financial arenas, brings a unique and insightful perspective to the quantum computing sector. This extensive background combines the agility and innovation typical of start-up environments with the rigor and analytical depth required in finance. Such a blend of skills is particularly valuable in understanding and navigating the complex, rapidly evolving landscape of quantum computing and quantum technology marketplaces. The quantum technology marketplace is burgeoning, with immense growth potential. This expansion is not just limited to the technology itself but extends to a wide array of applications in different industries, including finance, healthcare, logistics, and more.

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