Tech Company Financing Transactions
Kvantify Funding Round
Kvantify secured a $11 million Seed funding round on 7/3/2024. Investors included Dreamcraft Ventures, 2xN and EIFO.
Transaction Overview
Company Name
Announced On
7/3/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to consolidate its position as a player in quantum computing, with an initial focus on developing applications for the life science sector.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Rosenvængets Allé 11
København, 2100
Denmark
København, 2100
Denmark
Phone
Undisclosed
Website
Email Address
Overview
At Kvantify, our journey began with a clear purpose -- To democratize application of advanced computing technology and help businesses contribute to a better world. We are built on a strong academic foundation, and in order to make a real impact in the world, we engage with businesses directly and solve real problems. Our goal is to create software that makes quantum computing and High Performance Computing (HPC) available, enabling businesses to access its transformative power without large in-house investments.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/3/2024: Tembo venture capital transaction
Next: 7/3/2024: Altrove venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We report on every notable VC transaction. VC investment data records on this site are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs