November 01, 2024

Global Brain has invested in QunaSys Inc., a quantum startup developing and providing algorithm and software

Global Brain has invested in QunaSys Inc. (QunaSys), a quantum startup developing and providing algorithm and software, through its ME Innovation Fund L.P. (ME Innovation Fund), KDDI Open Innovation Fund III (KOIF III), and Kyocera Venture Innovation Fund-I.

This is a follow-on investment from ME Innovation Fund and the initial investment from KOIF III and Kyosera Venture Innovation Fund-I. Global Brain invested in the company in November 2019 through its GB-VII Growth Fund Investment Limited Partnership and in May 2022 through its GB-VI & GB-VII Follow-on Growth Fund Investment Limited and ME Innovation Fund.

QunaSys develops quantum algorithm and quantum software, delivering the full potential of universal quantum computers. QunaSys has accumulated experience and know-how from early on in utilizing quantum hardware provided by IBM, Quantinuum, and QuEra Computing. In addition, QunaSys is the leading startup in Japan in terms of joint research projects with Japanese enterprises and is expanding its business track records. Additionally, as a new business venture, QunaSys is developing a unique error correction architecture that has competitive advantages even globally, striving to contribute to the acceleration of industrial application in the quantum computer market.

Global Brain is highly impressed by QunaSys’s strengths: technological capabilities comparable with its competitors in US and Europe, the excellent management team in terms of both business and technology, and strong support from its technological advisors who are highly renowned Japanese academic researchers in the field of quantum informatics. Global Brain will continue to actively engage in supporting the business of QunaSys, which has high potential to succeed as a Japanese startup in the global market.

About QunaSys

Location
Bunkyo-ku, Tokyo, Japan
Representative
Tennin Yan
Founded
February 2018
URL
https://qunasys.com/en/

About ME Innovation Fund

Name
ME Innovation Fund L.P.
General Partner
Global Brain Corporation

About KOIF III

Name
KDDI Open Innovation Fund III
General Partner
Global Brain Corporation

About Kyocera Venture Innovation Fund-I

Name
KVIF-I Limited Partnership
General Partner
Global Brain Corporation

About Global Brain

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January 1998
URL
https://globalbrains.com