1QBit is dedicated to solving the world’s most demanding computational challenges.
We research and develop hardware-agnostic platforms and services that enable the development of applications which scale alongside advances in both classical and quantum computing.
1QBit partners with Fortune 500 clients and leading hardware providers to solve intractable industry problems in the areas of optimization, simulation, and machine learning. We focus on solving these problems in the industries of finance, energy, life sciences and advanced materials.
Headquartered in Vancouver, Canada, our interdisciplinary team of 50 comprises mathematicians, physicists, chemists, software developers, and quantum computing experts who develop novel solutions to problems, from research through to commercial applications.
We research and develop hardware-agnostic platforms and services that enable the development of applications which scale alongside advances in both classical and quantum computing.
1QBit partners with Fortune 500 clients and leading hardware providers to solve intractable industry problems in the areas of optimization, simulation, and machine learning. We focus on solving these problems in the industries of finance, energy, life sciences and advanced materials.
Headquartered in Vancouver, Canada, our interdisciplinary team of 50 comprises mathematicians, physicists, chemists, software developers, and quantum computing experts who develop novel solutions to problems, from research through to commercial applications.
Location: Canada, British Columbia, Vancouver
Employees: 51-200
Total raised: $45M
Founded date: 2012
Investors 5
| Date | Name | Website |
| - | Tiny Capit... | tinycapita... |
| - | CME Ventur... | cmegroup.c... |
| - | Granpool | granpool.c... |
| - | KittyHawk ... | kittyhawk.... |
| - | SCB 10X | scb10x.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 28.11.2017 | Series B | $45M | - |
Mentions in press and media 8
| Date | Title | Description |
| 10.11.2025 | Nobel winner, HPE and chip industry firms team up to make a practical quantum supercomputer | SAN FRANCISCO :John M. Martinis, one of this year's winners of the Nobel Prize in physics for breakthroughs in quantum computing, on Monday formed an alliance with HPE and several chip firms to create a practical, mass-producible quantum su... |
| 05.06.2020 | L’Institut quantique becomes the first IBM Q Hub in Canada | L’Institut quantique (IQ), a research organization located at the University of Sherbrooke in Québec, is joining the IBM Q Network as an IBM Q Hub. IQ will be the first Hub in Canada and the 14th globally. “With this initiative, many Québec... |
| 29.07.2019 | Government helping create network to address procurement barrier in Canadian healthtech | CAN Health Network, a $20 million proposed project that aims to help healthtech companies to commercialize their technologies, has received an initial $7 million investment from the federal government. “The goal of this platform is to empow... |
| 15.07.2019 | Vancouver Tech Journal | #69 | In this week’s Sunday Briefing: We are so, so, so close to getting Uber and Lyft in Vancouver; five Vancouverites named to the Digital Finance Institute top 50 women in fintech; Amazon and UBC announced a new cloud innovation centre; and 14... |
| 03.10.2018 | Fujitsu drives quantum-inspired project to help solve NatWest's complex optimisation challenges | News facts: * NatWest is using Fujitsu's quantum-inspired Digital Annealer to solve highly complex financial risk problems. * Technology helps optimise the bank's mix of high-quality liquid assets by comparing countless portfolio permutatio... |
| 01.12.2017 | 1QBit raises $45 million Series B from Fujitsu, Accenture | Vancouver-based 1QBit has closed a $45 million Series B that includes equity and revenue contracts. The funding was led by Fujitsu Limited, with additional strategic investment by Accenture, Allianz, The Royal Bank of Scotland, and CME Vent... |
| 30.11.2017 | APAC Digest: Fujitsu backs $45m Series B in 1QBit; Waddle raises $37.8m in debt financing | Premium 1QBit has closed a Series B round of strategic investment led by Fujitsu, while Waddle has raised additional debt financing. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in C... |
| 28.11.2017 | 1QB Information Technologies Closes C$45M Series B Funding | 1QB Information Technologies Inc., a Vancouver, Canada-based software company handling computational challenges using advanced quantum and classical hardware, closed a C$45m Series B funding round. The round was led by Fujitsu Limited, with... |