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Redwood AI completes acquisition of Quantum.IQ

PRIVATEOct 10, 2026

Acquiring Company

Redwood AI

Acquired Company

Quantum.IQ

VancouverInformation TechnologyArtificial IntelligenceSecuritySoftwareSecurityCyber Security

Description

Redwood AI Corp. has successfully completed its acquisition of Quantum.IQ, with part of the consideration settled in shares totaling approximately 14 million. This strategic acquisition is seen as a significant step in Redwood's expansion into oncology-related platforms. The transaction is subject to milestone conditions, which adds complexity to the share issuance for investors. This acquisition complements Redwood's ongoing research projects in artificial intelligence.

Company Information

Company

Redwood AI

Location

Vancouver, British Columbia, Canada

About

Redwood AI is a technology company specializing in artificial intelligence for chemistry and drug discovery. It is pivoting towards the emerging sector of post-quantum cryptography. The company aims to enhance cryptographic intelligence and security planning. Redwood is focused on integrating innovative technologies to serve highly sensitive environments.

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Frequently asked

Who acquired Quantum.IQ?

Quantum.IQ was acquired by Redwood AI, based in Vancouver. The deal was reported on October 10, 2026. Redwood AI is a technology company specializing in artificial intelligence for chemistry and drug discovery. It is pivoting towards the emerging sector of post-quantum cryptography. Redwood AI is privately held and operates in Information Technology.

When did Redwood AI acquire Quantum.IQ?

Redwood AI's acquisition of Quantum.IQ was reported on October 10, 2026. Redwood AI Corp. has successfully completed its acquisition of Quantum.IQ, with part of the consideration settled in shares totaling approximately 14 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Quantum.IQ do?

Quantum.IQ specializes in quantum-resilient security software. Its platform aids various sectors in identifying vulnerabilities in encryption systems. The focus is on helping clients transition to more secure standards resistant to quantum computing threats. It is privately held, operating in Software.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.