Tech Company Financing Transactions
Quantagonia Funding Round
Quantagonia, based in Bad Homburg, secured $4.7 million from BMH Beteiligungs-Managementgesellschaft Hessen mbH and Tensor Ventures.
Transaction Overview
Company Name
Announced On
7/4/2023
Transaction Type
Venture Equity
Amount
$4,660,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate the development and implementation of its platform while simultaneously increasing its market reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Foellerweg 37
Bad Homburg, 61352
UK
Bad Homburg, 61352
UK
Phone
Website
Email Address
Overview
Quantagonia's Hybrid Quantum Platform (HQP) provides businesses with an easy on-ramp to quantum and hybrid computing, delivering value today while helping to generate first-mover advantages for users as quantum computers continue to develop. HQP does this by accepting x86, optimization, simulation, and ML/AI model code, analyzing and transforming that code for optimal use across available HPC and quantum hardware, and then orchestrating the use of that hardware.
Management Team
Title
Name
Email & Social
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