QunaSys Secures Funding to Advance Quantum Computing Industrial Applications

QunaSys, a leading Japanese startup in quantum computing software, has completed a funding round, solidifying its position as a key driver of industry growth. The company’s vision and strategic objectives align with its investors, including Zeon Corporation, Fujitsu Limited, Mitsubishi Electric Corporation, ANRI, Global Brain Corporation, and IBM Ventures.

Dr. Shintaro Sato, Fellow, SVP & Head of Quantum Laboratory at Fujitsu Research, praised QunaSys’ exceptional technical expertise. At the same time, Satoshi Takeda, Executive Officer, CDO at Mitsubishi Electric Corporation, expressed high expectations for further growth. Masahiro Sameshima, General Partner at ANRI, noted that the real journey in the quantum industry is now beginning. Dr. Scott Crowder, Vice President of IBM Quantum Adoption and Business Development, commended QunaSys’ strides in developing quantum algorithms and services. Tennin Yan, CEO of QunaSys, thanked investors for their trust and reiterated the company’s commitment to fostering quantum-native talent and creating a future where quantum computing contributes to the industry.

What’s impressive about QunaSys is its focus on developing software and algorithms that can harness the power of quantum computers to solve real-world problems in chemistry and other fields. The company’s commitment to creating “industrial applications of quantum computing” has earned it recognition from industry leaders and investors alike.

The comments from existing investors are telling. Masahiro Sameshima, General Partner at ANRI, notes that the quantum industry is at a critical juncture, where it must prove itself as more than just a bubble. Yasuhiko Yurimoto, President & CEO of Global Brain Corporation, praises QunaSys’s dedication to its vision and its development of a unique error-correction architecture.

Dr. Scott Crowder, Vice President of IBM Quantum Adoption and Business Development, highlights the company’s impressive strides in developing quantum algorithms and services, such as its recently released Qiskit Functions service. Emily Fontaine, Vice President and IBM Global Head of Venture Capital, notes that IBM’s investment in QunaSys demonstrates the power of its capital-plus model in driving innovation.

Tennin Yan, CEO of QunaSys, expresses gratitude to investors for their trust in the company’s vision and technologies. He acknowledges that while near-term industrial applications of NISQ computers may require revision, the success of error-correction demonstrations has made the practical use of fault-tolerant quantum computers increasingly realistic.

As a science journalist, I’m excited to see how QunaSys will continue to push the boundaries of quantum computing and its industrial applications. With its talented team and world-class capabilities, the company is well-positioned to drive the adoption of quantum technology in society.

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As the Official Quantum Dog (or hound) by role is to dig out the latest nuggets of quantum goodness. There is so much happening right now in the field of technology, whether AI or the march of robots. But Quantum occupies a special space. Quite literally a special space. A Hilbert space infact, haha! Here I try to provide some of the news that might be considered breaking news in the Quantum Computing space.

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