Acquiring Company
Redwood AI
Acquired Company
Quantum.IQ Technologies
Description
Redwood AI Corp. has successfully completed the acquisition of Quantum.IQ Technologies Inc., adding a quantum-resistant cybersecurity platform to its offerings. This transaction allows Redwood to expand beyond its core AI-powered chemistry platform. Quantum.IQ will now operate as a wholly owned subsidiary, enhancing Redwood's capabilities in securing data against quantum threats.
Fundz sees it the moment Redwood AI makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Quantum.IQ Technologies?
Quantum.IQ Technologies was acquired by Redwood AI, based in Boca Raton. The deal was reported on October 2, 2026. Redwood uses advanced artificial intelligence to accelerate chemistry R&D, aiming to assist in drug discovery and development. Redwood AI is publicly traded (GRDX) and operates in Information Technology.
When did Redwood AI acquire Quantum.IQ Technologies?
Redwood AI's acquisition of Quantum.IQ Technologies was reported on October 2, 2026. Redwood AI Corp. has successfully completed the acquisition of Quantum.IQ Technologies Inc., adding a quantum-resistant cybersecurity platform to its offerings. This transaction allows Redwood to expand beyond its core AI-powered chemistry platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Quantum.IQ Technologies do?
Quantum.IQ Technologies Inc. is an AI-driven company specializing in quantum cybersecurity solutions. It develops software aimed at helping high-security organizations upgrade and manage their encryption systems against quantum-enabled cyber threats. It is privately held, operating in Information Technology, and is based in Vancouver.
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