QSimulate closes a $2.5 million financing round to boost businesses in Europe and Asia
Jan 22, 2024•over 1 year ago
Amount Raised
$2.5 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers