Our investment in Qu&Co

A key enabler of innovation in the physical world is to predict the properties of molecules and materials. For example, battery experts might be able to create better performing batteries if only they could predict the chemistry happening inside. But if you try to simulate chemistry on a classical computer, you quickly run into limitations – these types of simulations are exponentially complex. 

That is where quantum computing comes in – by using the counter-intuitive properties of quantum mechanics to perform computations, one could in principle build a computer that can deal with such complexity. 

Today, no quantum computer powerful enough to simulate complex chemistry exists yet – but there is good reason to believe that may change in the next couple of years, as there are several hardware advancements made in the field.  

Qu&Co is a quantum computational software startup that preempts the arrival of powerful enough quantum computers by building quantum algorithms and software. Their products will not only be useful to simulate complex chemistry and materials, but also to simulate multiphysics (which is useful for e.g. aerodynamics of cars and airplanes). 

We have been very impressed not only by the technical progress the team has made in the last few years, but also by their ability to develop multi-year R&D collaborations with large corporates, including LG Electronics, Johnson & Johnson, BMW Group and Airbus. 

That is why are excited to take part in Qu&Co’s latest investment round (with Runa Capital and led by Quantonation) and support the team to unleash the power of quantum computing.