Cambridge Quantum Computing
Financials
Estimates*
EUR | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | <1m | <1m | <1m | <1m | 1.1m | 1.1m |
% growth | - | - | 27 % | 221 % | 59 % | 16 % | - |
EBITDA | (1.0m) | (3.4m) | (10.4m) | (16.5m) | (29.6m) | - | - |
% EBITDA margin | - | (2299 %) | (5509 %) | (2725 %) | (3078 %) | - | - |
Profit | (1.2m) | (3.7m) | (13.2m) | (14.1m) | (28.9m) | - | - |
% profit margin | - | (2510 %) | (6995 %) | (2336 %) | (3002 %) | - | - |
R&D budget | - | - | <1m | - | - | - | - |
R&D % of revenue | - | - | 106 % | - | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $400k | Early VC | |
N/A | $3.9m | Early VC | |
£140k | Grant | ||
N/A | $10.0m | Series A | |
$4.0m | Series A | ||
N/A | Early VC | ||
N/A | $5.0m | Early VC | |
$14.2m | Series A | ||
* | $45.0m | Late VC | |
* | N/A | Merger | |
Total Funding | €79.2m |
Recent News about Cambridge Quantum Computing
EditCambridge Quantum Computing (CQC) is a pioneering company in the field of quantum software and algorithms. Founded in 2014, CQC focuses on developing advanced quantum computing solutions that enable businesses to leverage the transformative potential of quantum technology. The company serves a diverse range of clients in the chemical, energy, financial, and material science industries, helping them to optimize their operations and solve complex problems that are beyond the reach of classical computing.
CQC operates in the rapidly evolving quantum computing market, which is poised for significant growth as quantum technology matures. The company's business model revolves around the development and licensing of quantum software and algorithms, as well as providing consulting services to help clients integrate quantum solutions into their existing workflows. By offering cutting-edge quantum solutions, CQC generates revenue through software licensing fees, consulting engagements, and strategic partnerships.
The company's team comprises over 70 accomplished scientists and engineers who are dedicated to pushing the boundaries of what is possible with quantum computing. CQC's technologies are designed to harness the power of both existing and emerging quantum computers, ensuring that clients can achieve the best possible performance from their quantum investments.
Keywords: quantum computing, quantum software, quantum algorithms, chemical industry, energy sector, financial services, material science, optimization, consulting, technology integration.