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