Tech Company Financing Transactions
Horizon Quantum Computing Funding Round
Horizon Quantum Computing, based in Singapore, received $18.1 million from Sequoia Capital, Expeditions Fund and Pappas Capital.
Transaction Overview
Company Name
Announced On
3/31/2023
Transaction Type
Venture Equity
Amount
$18,100,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, to strengthen its science and engineering teams to accelerate product development, establish its new engineering centre in Europe and bring its technology to the market.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
79 Ayer Rajah Cres 03-01
Singapore, 139955
Singapore
Singapore, 139955
Singapore
Phone
Undisclosed
Website
Email Address
Overview
Horizon Quantum Computing is developing a new generation of programming tools to simplify and expedite the process of developing software for quantum computers. By removing the need for prior quantum computing experience, Horizon's tools will democratise the development of quantum-enhanced applications, making the power of quantum computing accessible to every software developer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joseph Fitzsimons
Chief Scientific Officer
Si-Hui Tan
Browse more venture capital transactions:
Prev: 3/31/2023: Ledger venture capital transaction
Next: 3/31/2023: Infinant venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs