News

JIC Venture Growth Investments (VGI), through its JIC Venture Growth Fund 1 (VGF1), has acquired the shares in QunaSys Inc. (QunaSys).

QunaSys was founded in 2018 and is developing algorithms and application software that can run on quantum computers, with a focus on the chemical industry domain. QunaSys is involved in joint research with companies seeking to utilize quantum computers, provides the cloud service "Qamuy" that allows researchers to perform chemical calculations using quantum computers, and operates QPARC, a consortium for studying applications of quantum calculation with a cumulative participation of more than 50 companies. The company has assembled a team of personnel with expertise in quantum computers and chemical computation and has invited leading Japanese researchers in quantum algorithm research as advisors, and its high level of knowledge of quantum computer algorithm is highly regarded by its clients.

The significance of this investment is to encourage Japanese companies to utilize quantum computers by accelerating QunaSys' business development. In particular, there are many companies in the chemical industry in Japan that have strengths in high-functionality and high-value-added chemicals, and we hope that these companies will effectively use quantum computers to develop new high-value-added chemicals, thereby realizing efficient development and improving industrial competitiveness.

With VGI’s investments, QunaSys will further accelerate its business development and R&D by hiring top-level researchers and business people, and will expand its business not only domestically but also internationally.

^{The information contained in this notice is current at the time of publication and subject to change without notice.}