Cambridge Quantum Computing

Type| Privately Held Company
Industry| Quantum Computing
Founded| 2014 (2014)
Headquarters|

Cambridge

England , UK

Key people

| Ilyas Khan (Founder)
Niels Nielsen (Chairman)
Bob Coecke (Chief scientist)
Products|

* IronBridge
* Eumen
* t∣ket⟩

Number of employees

| 130 (2021)
Subsidiaries| Cambridge Quantum Computing, LLC
Website| cambridgequantum.com

Cambridge Quantum (CQ) is an independent quantum computing company, based in Cambridge, England . Founded in 2014, CQ builds tools for the commercialization of quantum technologies with a focus on quantum software and quantum cybersecurity.[1][2] CQ has developed an architecture agnostic quantum software development platform, TKET, around which the company has built enterprise applications for quantum cryptography, quantum chemistry, quantum machine learning and Quantum artificial intelligence.[3][4]

## Contents

* 1 History
* 2 Technology
* 2.1 Quantum software development platform – TKET
* 2.2 Quantum cybersecurity - Quantum Origin
* 2.3 Quantum chemistry – EUMEN
* 2.4 Quantum machine learning
* 2.5 Quantum NLP
* 3 Ownership
* 4 Locations
* 5 External links
* 6 References

## History

CQ was established in 2014, and conceived through the University of Cambridge's “Accelerate Cambridge” program.[5] Béla Bollobás, Imre Leader, Fernando Brandão and Simone Severini were its first scientific advisors.

In September 2020, CQ announced the launch of the first cloud-based Quantum Random Number Generation Service with integrated verification for the user. The application generates true maximal randomness on an IBM Quantum Computer.[6]

In December 2020, CQ completed a $45 million financing from investors including Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments, and Talipot Holdings. This is the largest private investment ever announced for a quantum software company.[7]

In January 2021, CQ appointed Prof Bob Coecke as its Chief Scientist, and opened an Oxford campus.[8]

Sifted, backed by The Financial Times, placed CQ on its list of European Startups to Watch in 2021.[9]

In June 2021, CQ announced its combination with Honeywell Quantum Solutions.[10] The combined group announced their formal merger and launch as a new organization named "Quantinuum" in December 2021.[11][12]

## Technology

CQ has divisions dedicated to four core domains: quantum compiler (TKET), quantum cybersecurity (Quantum origin), quantum chemistry (EUMEN), quantum machine learning, .

### Quantum software development platform – TKET

TKET is an architecture agnostic quantum software development platform that enables quantum software developers to optimize large circuits for general purpose quantum algorithms. TKET's routing and scheduling protocol translates machine independent algorithms into executable circuits by optimizing for physical qubit layout while reducing the number of required operations. TKET's Python module, pytket, allows any Python user with access to a quantum computer to deploy the tket SDK in any context, including commercially.[13][14][15][16]

### Quantum cybersecurity - Quantum Origin

CQ has launched the first cloud-based quantum random number generation (QRNG) service with integrated verification for the user. The application developed by CQ generates true maximal randomness (or entropy) implemented on an IBM quantum computer that can be verified and thus certified as truly quantum – and therefore truly and maximally random – for the first time. This cannot be done on a classical computer.[17][18][19][20]

### Quantum chemistry – EUMEN

CQ has developed EUMEN, an enterprise-grade quantum chemistry platform to perform computational chemistry calculations on current quantum hardware machines. EUMEN enables the design of pharmaceuticals, speciality chemicals, performance materials and agrochemicals.[21][22][23][24]

### Quantum machine learning

CQ has efforts in QML with a focus on quantum circuit learning on near-term noisy intermediate-scale quantum (NISQ) computers. The company has commercial work in deploying deep learning for time-series modeling and decision-making and specializes in quantum enhanced solutions for machine learning and optimization problems.[25][26][27]

### Quantum NLP

In 2020, CQ performed quantum natural language processing (NLP) on IBM hardware. This was the first time NLP has been performed on quantum hardware.

## Ownership

Quantinuum is not listed on any stock exchange and is privately held. 54% of the company is owned by Honeywell, and Ilyas Khan, the founder of Cambridge Quantum and Chief Product Officer of Quantinuum, is the next largest shareholder.[28][29]

## Locations

CQ is headquartered in Cambridge, but has offices in London (Victoria and St. James's), Oxford, Cambridge, Chessington, San Francisco , Washington, D.C. and Tokyo.[30]

## External links

* Official website

## References

1. ↑ Moutafis, Rhea (2020-11-24). "Will We See a Quantum Computing Revolution?". https://builtin.com/founders-entrepreneurship/quantum-computing-revolution. Retrieved 2021-01-18.
2. ↑ Henderson, James (2020-10-06). "Flying the UK's Quantum Flag". https://www.digitalbulletin.com/features/technology/2020/october/cqc/flying-the-uks-quantum-flag/. Retrieved 2021-01-18.
3. ↑ Quested, Tony (2020-02-14). "Quantum leap as IBM invests in Cambridge trailblazer". https://www.businessweekly.co.uk/news/hi-tech/quantum-leap-ibm-invests-cambridge-trailblazer. Retrieved 2021-01-18.
4. ↑ Murphy, Margi (2020-10-29). "Tech Hot 100: The five key areas to watch (from a Silicon Valley perspective)". https://www.telegraph.co.uk/technology/2020/10/29/tech-hot-100-five-key-areas-watch-silicon-valley-perspective/. Retrieved 2021-01-18.
5. ↑ Swayne, Matt (2020-08-18). "TQD Exclusive: CQC CEO Ilyas Khan Says Research, a Deep Scientific Bench of World Class Talent, and Product Focus Drive Firm's Mission to 'Get the Very Best Out of Quantum Computers Today And in the Future" (in en-US). https://thequantumdaily.com/2020/08/18/tqd-exclusive-interview-cqc-ceo-ilyas-khan-says-research-a-deep-scientific-bench-of-world-class-talent-and-product-focus-drive-firms-mission-to-get-the-very-best-out-of-quantum-co/.
6. ↑ Combs, Veronica (2020-09-17). "IBM and Cambridge Quantum Computing announce random number generator service" (in en). https://www.techrepublic.com/article/ibm-and-cambridge-quantum-computing-announce-random-number-generator-service/.
7. ↑ Swayne, Matt (2020-12-09). "Cambridge Quantum Computing Completes $45 Million Financing, Valuation Estimated at $450 Million" (in en-US). https://thequantumdaily.com/2020/12/09/cambridge-quantum-computing-completes-45-million-financing-valuation-estimated-at-450-million/.
8. ↑ Wang, Una (6 January 2021). "Cambridge Quantum Computing appoints new Chief Scientist: Prof. Bob Coecke. – Quantum Zeitgeist" (in en-GB). https://quantumzeitgeist.com/cambridge-quantum-computing-appoints-new-chief-scientist-prof-bob-coecke/.
9. ↑ "European startups to watch in 2021 | Sifted". https://sifted.eu/rankings/european-startups-top-rankings.
10. ↑ Smith-Goodson, Paul. "Honeywell Quantum Solutions And Cambridge Quantum Computing Merge With Go-Public In Mind" (in en). https://www.forbes.com/sites/moorinsights/2021/06/08/honeywell-quantum-solutions-and-cambridge-quantum-computing-merge-and-plan-to-go-public-by-end-of-year/.
11. ↑ "Introducing Quantinuum: The World's Largest Integrated Quantum Computing Company" (in en-US). 2021-11-30. https://finance.yahoo.com/news/introducing-quantinuum-worlds-largest-integrated-220000928.html.
12. ↑ Shankland, Stephen (2021-11-30). "Quantum computing heavyweight arrives as merger creates Quantinuum". https://www.msn.com/en-us/news/technology/quantum-computing-heavyweight-arrives-as-merger-creates-quantinuum/ar-AARjbfO.
13. ↑ Combs, Veronica (February 4, 2021). "Cambridge Quantum Computing releases tket v0.7 with open access to all Python users" (in en). https://www.techrepublic.com/article/cambridge-quantum-computing-releases-tket-v0-7-with-open-access-to-all-python-users/.
14. ↑ "The votes are in, t|ket takes the lead as the most popular language.". 2020-08-31. https://quantumzeitgeist.com/the-votes-are-in-tket-takes-the-lead-as-the-most-popular-language-we-look-at-the-language-in-more-depth/. Retrieved 2021-01-18.
15. ↑ Swayne, Matt (2020-10-15). "Cambridge Quantum Computing Announces Update to t|ket⟩™ Quantum Software Development Kit". https://thequantumdaily.com/2020/10/15/cambridge-quantum-computing-announces-update-to-tket⟩-quantum-software-development-kit/. Retrieved 2021-01-18.
16. ↑ Long, Stephanie (2020-11-02). "Quantum computing startups are making waves". https://www.wraltechwire.com/2020/11/02/quantum-computing-startups-are-making-waves-so-too-are-ibm-toshiba/. Retrieved 2021-01-18.
17. ↑ Palmer, Maija (2020-09-17). "Finally a way to make money out of quantum: selling randomness". https://sifted.eu/articles/finally-a-way-to-make-money-out-of-quantum-selling-randomness/. Retrieved 2021-01-18.
18. ↑ "Quantum computing: randomness as a service". 2020-09-20. https://www.ft.com/content/45fe1862-2792-45b3-acf2-dd91a536e6ab. Retrieved 2021-01-18.
19. ↑ McKenzie, James (2020-11-13). "Quantum technology: why the future is already on its way". https://physicsworld.com/a/quantum-technology-why-the-future-is-already-on-its-way/. Retrieved 2021-01-18.
20. ↑ Chowdhry, Amit (2020-09-20). "Cambridge Quantum Computing Launches Cloud-Based Quantum Random Number Generation" (in en). https://pulse2.com/cambridge-quantum-computing-launches-cloud-based-quantum-random-number-generation/.
21. ↑ Mullin, Rick (2020-09-13). "Let's talk about quantum computing in drug discovery". https://cen.acs.org/business/informatics/Lets-talk-quantum-computing-drug/98/i35. Retrieved 2021-01-18.
22. ↑ Fowler, Gary (2021-01-11). "Which Industries Will Be Most Impacted By Quantum Computing?". https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2021/01/11/which-industries-will-be-most-impacted-by-quantum-computing/?sh=7fe3792562c7. Retrieved 2021-01-18.
23. ↑ "CQC and Q-CTRL Develop Extensions to IBM's Qiskit that Provide Further Improvements". 19 April 2019. https://quantumcomputingreport.com/news/cqc-and-q-ctrl-develop-extensions-to-ibms-qiskit-that-provide-further-improvements/. Retrieved 2019-05-20.
24. ↑ Dahad, Nitin (2021-04-30). "Quantum Computing Tie-up To Better Simulate Battery Cells" (in en-US). https://www.eetimes.eu/quantum-computing-tie-up-to-better-simulate-battery-cells/.
25. ↑ Palmer, Maija (2020-12-10). "Quantum computers will create better versions of Alexa and Siri". https://sifted.eu/articles/quantum-computers-nlp/. Retrieved 2021-01-18.
26. ↑ Kaur, Dashveenjit (2020-12-14). "Over chatbots already? Quantum computing could change that". https://techhq.com/2020/12/over-chatbots-already-quantum-computing-could-change-that/. Retrieved 2021-01-18.
27. ↑ "CQC Releases Trading Interface TA> Under Open Source Licence". 2017-05-30. https://cambridgequantum.com/cqc-releases-trading-interface-ta-under-open-source-licence/. Retrieved 2019-05-20.
28. ↑ "Things to Know about Quantinuum". https://www.honeywell.com/us/en/news/2021/11/things-to-know-about-quantinuum.
29. ↑ "Quantinuum | Leaders" (in en). https://www.quantinuum.com/about/leadership.
30. ↑ "Cambridge Quantum Computing - About Us". https://www.cambridgequantum.com/about/. Retrieved 2019-05-20.

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