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QSimulate closes a $2.5 million financing round to boost businesses in Europe and Asia

Jan 22, 2024over 1 year ago

Amount Raised

$2.5 Million

Round Type

seed

BostonSoftware Development

Investors

Kyoto I CapU Tokyo Ipc2x N

Description

QSimulate announces the closing of a $2.5 million financing round led by quantum technology investment firm 2xN. The round will support QSimulate's rapidly expanding business centered on its quantum physics-based drug-discovery platform, QSP Life, which includes QUELO, QuValent, and QuantumFP.

Company Information

Company

QSimulate

Location

Boston, Massachusetts, United States

About

As QSimulate is expanding the team, we have multiple open positions including scientists, software engineers, project management, and business development. Our offices are located in Boston MA, Berkeley CA, and Ghent, Belgium. For technical positions, we also consider remote options. Please write to us at info@qsimulate.com for more information.

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Funding Insights

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