We are thrilled to lead the $2.5 million financing round in QSimulate, which uses quantum simulations for drug discovery. Congratulations to Toru Shiozaki, Garnet Chan and the whole team! As Niels Nielsen, co-founder of 2xN, said: "QSimulate stands at the forefront of revolutionizing drug design and material science, and we're convinced they're only scratching the surface with their already state-of-the-art QM-based simulation methods. With quantum computing on the rise, the interplay between classical and quantum computing will define the future of computation. QSimulate is well-positioned to benefit from this, having on board both quantum and classical simulation experts. The ongoing collaborations with JSR Corporation and Google Quantum AI are a testament to QSimulate’s pioneering position in harnessing quantum mechanics for drug discovery and materials innovation, setting a new industry benchmark." #quantumtechnology #startup #quantum #drugdiscovery #materialsscience #innovation #vc #funding https://lnkd.in/e2QGYhUy
2xN
Venture Capital and Private Equity Principals
Quantum-inspired VC fund bringing the true value of network effects to early-stage founders.
About us
2xN is a quantum-inspired early-stage VC fund. 2xN was founded by Lars Fjeldsoe-Nielsen, a Silicon Valley operator turned investor, and Niels Nielsen, an entrepreneur and pioneer investor in Quantum Computing to bring the true, high-growth value of network effects to early-stage founders. The 2xN team offers a unique “best of both worlds” approach that merges the platform service typically seen from institutional investors with the kind of dedicated, hands-on trusted support of angels.
- Website
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https://www.2xn.vc/
External link for 2xN
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- United Kingdom
- Type
- Privately Held
- Founded
- 2021
- Specialties
- Quantum Computing, Venture capital, and entrepreneurship
Locations
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Primary
Get directions
London
United Kingdom, GB
Employees at 2xN
Updates
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It was a great pleasure for our 2xN Partner Johan Maunsbach to be part of the Investing in Quantum panel at the #EQTC23 conference, co-organised by #EIC, and speak about leading European quantum companies such as our portfolio companies QuantrolOx, Kvantify and Sparrow Quantum #quantum #tech
Awesome talk by Johan Maunsbach at the #EQTC23 conference of European Quantum Flagship. Amazing insights for the whole #quantum #startup community. Thanks again for 2xN support and great intro to QuantrolOx! European Commission Quantum Valley Lower Saxony Business Finland
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Congratulations to QuantrolOx team! We are very excited to be heading together into a new era of #qubit #control with #QuantumEdge!
Fast, precise and automated: A new era of #qubit #control with #QuantumEdge #Scientists spend years learning how to #tune and #calibrate #qubits manually and use up significant time in the lab that could be better utilized to push the development of #quantum #technology to the next level. #Quantumcomputers require all qubits and their operations to be continuously and precisely calibrated for accurate control of the quantum states during algorithms. As the time for tuning protocols grows with the number of qubits and the achieved fidelity, this rapidly leads to unfeasible tuning overheads to keep a quantum computer up and running. However, QuantrolOx’s #QuantumEdge provides #powerful and #intuitive #qubitcontrol #automation that allows scientists to quickly complete tasks in minutes that currently take hours or even days. #QuantumEdge connects to Qblox #control #electronics to gather data and assess the quantum computer’s state. Next, the software uses #machinelearning that utilizes the data to adjust the timing and type of microwave pulses sent to the qubits. The Qblox quantum control stack, based on the #Cluster, provides a modular and distributed architecture that scales effectively with the number of qubits. Its parallel and scalable processing power makes it an ideal match for Quantum Edge. QuantrolOx and Qblox share a common goal: to accelerate quantum computing and equip #quantumcomputing scientists with state-of-the-art technology aligned with their needs. Come at see us at the SQA Conference in #Munich for a live and hands-on demo, made possible with support from partners at Qblox, Bluefors and QuantWare. Andrew Briggs, Alexander Lidiak. Anssi Collin Barnaby van Straaten Binh Tran David Beattie David Craig Dominic Lennon Federico Fedele Freddie Faulkner Jacob Swain Jelena Trbovic Joel Pendleton Juha Seppä Juho Lamminmäki Kati Suard Khanh Nguyen Lauri V. Natalia Ares Qiaochu Z. Sean Graham Tomi Ruokola Vishal Chatrath Ziyuan Lin (林子元) Samira Nik, PhD Cristina Boto Outi Keski-Äijö Nikolay Dimov Business Finland UK Research and Innovation European Innovation Council applicant support European Investment Bank (EIB)