XeedQ logo — Democratizing Quantum Computation

XeedQ

Democratizing Quantum Computation

Founded 2021 Germany Leipzig, Germany 8 employees Grant Total: $30.00M Information Technology, Quantum

General Information

Company Name XeedQ
Founded Year 2021
Location Germany Leipzig, Germany +1
Employees 8
Industries Information Technology, Quantum
Funding Stage Grant
Social

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About XeedQ

XeedQ, with the slogan "Democratizing Quantum Computation," is pioneering the field of quantum computing, surpassing the limits of traditional computation. Founded in 2021 and headquartered in Germany, the startup operates in the Information Technology and Quantum industries. Notably, XeedQ secured a significant €30.00M grant investment on 12 December 2022, marking a milestone in their financial development. The source of this investment, however, is not disclosed. XeedQ's innovative approach to quantum computing is poised to drive substantial advancements in the tech industry.

Taxonomy: quantum computing, democratization, computation, technology, innovation, computational power, expertise, development, startups, investment, emerging technology, disruptive technology

Services & Products

Development and provision of energy-efficient and modular quantum processors and systems
quantum algorithms
AI integration
cryptography
and fintech solutions.

Target Customers

Potential customers include businesses and organizations seeking to leverage quantum computing for AI fintech and pharmaceutical applications as well as those in need of secure communications solutions.

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• - 12 Dec 2022

XeedQ Alternatives & Competitors

XeedQ vs
PsiQuantum
PsiQuantum United States

Building the world’s first useful quantum computers.

Series E
628 employees
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XeedQ vs
QuantWare
QuantWare The Netherlands

Accelerating the advent of the quantum computer.

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XeedQ vs

We realize a world where everyone has access to Quantum Technologies

Series A
12 employees
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FAQ About XeedQ

Democratizing Quantum Computation
XeedQ was founded in 2021.
XeedQ is headquartered in Leipzig, Germany.
XeedQ operates in the following industries: Information Technology, Quantum.
XeedQ has approximately 8 employees.
XeedQ has completed 1 funding round, raising a total of $30.00M. The latest funding stage is Grant.
XeedQ offers: Development and provision of energy-efficient and modular quantum processors and systems, quantum algorithms, AI integration, cryptography, and fintech solutions..
Top alternatives and competitors to XeedQ include PsiQuantum, QuantWare, Quanmatic Inc., Strangeworks, Welinq. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
XeedQ and PsiQuantum are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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