Kvantify

Kvantify launches ground-breaking tool to revolutionize computational drug discovery 🔥 We are extremely proud to introduce the first outcome of our product development - a revolutionizing drug discovery tool. "Our new product is ground-breaking not least because it's the first commercial tool on the market that provides immediate value using our classical computer algorithm, while also being poised to deliver additional value as quantum computer hardware matures," says Hans Henrik H. Knudsen, CEO and Co-founder of Kvantify. This is Kvantify’s first step towards revolutionizing computational drug discovery. Listen to our vision in the full launch video 👉 www.kvantify.com/koffee Press Release 👉 https://lnkd.in/eSqa5k6H Børsen article (Danish) 👉 https://lnkd.in/d6Xg5Hbz

🔥 Kvantify Secures €10M Seed Round 🔥 We’re excited to share that Kvantify has successfully closed a €10 million seed round. This milestone empowers us to advance quantum computing's potential, starting with life sciences. Led by Dreamcraft Ventures, Lundbeckfonden BioCapital, and 2degrees with participation from Redstone QAI Quantum Fund, 2xN, and EIFO this funding round strengthens our global position and accelerates the development of our groundbreaking solutions for drug discovery and beyond. Our CEO, Hans Henrik H. Knudsen, shares: "We believe the greatest potential in quantum computing, one that will create the first revolutionary impact, lies in discovering new and better medicines" We look forward to continue pioneering advancements in quantum computing software with a strong focus on on practical applications of quantum computing, starting with drug discovery and chemistry simulation. Read more at our website here (🇬🇧): https://lnkd.in/dmPhJTVg or in today’s Børsen here (🇩🇰): https://lnkd.in/dJ3-fZwP We are very grateful for all the people believing in us, with or without name. Dreamcraft Ventures | Lundbeckfonden / Lundbeck Foundation BioCapital | 2degrees | Redstone QAI Ventures | 2xN | Export and Investment Fund of Denmark

🚀 Did you catch us in Børsen? They featured an exciting article about how Kvantify has helped Finn Frogne A/S become quantum-ready! But there's more to the story. We've also enabled Frogne to solve larger logistical challenges for the transport industry using classical computers. Here’s a quick overview of our solution: ⏱️ Reduced calculation time from minutes to milliseconds. 📈 Improved route processing ability by over 1,000 times. 💪 Increased computational capacity by a factor of 25. We delivered the solution as a Service Development Kit, making it seamless to integrate into their existing software. Frogne provides logistical solutions to the transport sector, and we're thrilled to support their journey towards more efficient operations! Read more 👉 www.kvantify.com/frogne #quantum #quantumcomputing #logistics #transportsolutions #efficiency

Another great quantum event took place this week. Inside Quantum Technology Helsinki featured many excellent talks on "Scaling Quantum Computers Towards Real-World Applications." Among the speakers was Stig Elkjær Rasmussen, who presented our approach to scaling quantum and classical computing through the cloud. With a strong focus on life sciences and drug discovery, our solutions span across industries. Learn more here 👉 www.kvantify.com/solutions

Having an office on Østerbro means working quite close to a number of embassies, and I have secretly been hoping for a reason to see one from the inside. Recently I was even luckier, being invited to the Australian ambassador's residence on behalf of Kvantify to meet the president of The University of Queensland. Having used some of their excellent quantum optics research in my own work, and having followed PsiQuantums (founded by UQ alumni) wild advances on quantum computing hardware, it ended up being an exciting chance to connect! (Thanks to the embassy staff for the picture of me and Thomas Mollerup)

This is the last post... from Folkemødet (this year) - we promise! Thank you to all our partners and friends in the Danish IT community and beyond. AI was again this year in almost every IT debate as expected (and probably rightfully so), but quantum is finding it's way into a lot of the dialogues as well. As our CEO mentions in this short clip, do reach out if you want to learn more about how quantum computers will impact businesses in the coming years. 📨 𝙘𝙤𝙣𝙩𝙖𝙘𝙩@𝙠𝙫𝙖𝙣𝙩𝙞𝙛𝙮.𝙘𝙤𝙢

🚀 A quiet shift in quantum roadmaps could offer a loud acceleration 🚀 We’re happy to share our latest blog post, by Janus Wesenberg, Head of Research at Kvantify. As a part of our continuous monitoring and testing of QC hardware, Janus comments on the current state of developments. “Recent breakthroughs in quantum error correction have reduced the resource overhead required to maintain qubit integrity. This advancement means the timeline for practical, fault-tolerant quantum computing (FTQC) has shifted forward, supporting our strategy of building quantum-ready solutions.” 📖 Read the full blog post here: https://lnkd.in/d26TTahC

Next week, I will be at IQT Nordics in Finland 🇫🇮 Come and see me, if you want to hear more about the exciting work on quantum algorithms going on in Kvantify. On June 25 at 17:20-18:00 I have the pleasure of moderating Panel 2 where we will shed some light on "How photonics solutions enable the scaling up of quantum computing". I am sure it is going to be an exciting discussion together with Robert Stockill (QphoX), Asger Sellerup Jensen (NKT Photonics), Jussi-Pekka Penttinen (Vexlum), Kalle Palomäki (Modulight Corporation), and Marcello Girardi (Iloomina AB). Also, make sure to attend my colleague Stig Elkjær Rasmussens talk "Democratizing quantum computing through the cloud" (Session 4) on June 26 at 11:00-11:20

Yesterday, Kvantify participated in the Applications and Algorithms Quarterly seminar at NNF Quantum Computing Programme (NQCP) . Pier Paolo Poier gave a presentation of our recent work on running calculations of an enzymatic reaction on quantum computers. The results were very well received by our peers at the seminar and stimulated many interesting questions. For more information about the particular work: https://lnkd.in/dRkDK9s8

INCUBA A/S 👏 🙏 😊