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Quantistry secures €3M funding for quantum-based chemical simulations.

Mar 14, 2024almost 2 years ago

Amount Raised

€3 Million

Round Type

seed

BerlinMachine LearningArtificial IntelligenceBiotechnology

Investors

Family OfficeIbb VenturesChemovator (Basf's Business Incubator)Ananda Impact Ventures

Description

Berlin-based chemical simulation startup Quantistry has successfully closed a €3 million funding round led by Ananda Impact Ventures and Chemovator (BASF's business incubator), with contributions from IBB Ventures and a Family Office.

Company Information

Company

Quantistry

Location

Berlin, Berlin, Germany

About

A Berlin-based chemical simulation startup focused on developing a holistic computational platform integrating quantum technologies, physics-based simulations, and machine learning to address key challenges in industrial R&D.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers