🍁 Agnostiq raises $6.1M to integrate quantum with high-performance computing

How will high-performance computing merge with Quantum computing?

Welcome Back!

This Canadian startup has gotten a bit more funding.

Its first round was led by New York’s Differential Ventures, and saw participation from Scout Ventures, Tensility Venture Partners, Boost VC, and Green Egg Ventures. This most recent round saw Differential Ventures and saw participation from existing investors Scout Ventures, Tensility Venture Partners, Green Egg Ventures and Rob Granieri, principal at Jane Street Capital.

So Differential Ventures call themselves an A.I. fund. That’s curious.

Age of AQ Startups

So this is an AQ startup where traditional computing and Quantum tech might see some sort of combination. Toronto-based Agnostiq positions itself at the intersection of quantum and high-performance computing, at a time when the two technologies are increasingly merging with one another to power a new generation of artificial intelligence applications.

Let’s dive into this in a bit more detail: