Bloq Quantum Raises INR 1.3 Crore ($155K US) in Pre Seed-Round Led by Inflection Point Ventures

Business / Press Release August 2, 2024

August 1, 2024 -- Bloq Quantum, a AI quantum software startup, has raised INR 1.3 Crore — or about $155,000 US — in Pre Seed Round led by Inflection Point Ventures.

Bloq Quantum simplifies enterprise adoption of quantum computing with its user-friendly low-code interface. It accelerates quantum algorithm development by tenfold, providing valuable business insights. Designed for users at all skill levels, Bloq Quantum streamlines the path to quantum computing.

Sreekuttan L S, Co-Founder & CEO, brings a strong physics background from IISER Pune and experience as a Product Manager at The Quantum Insider. Jay Patel, Co-Founder and CTO, combines his expertise in Computer Engineering and Quantum Machine Learning, honed at CERN, with three global Quantum Challenge awards and multiple quantum software prototypes. Together, they drive innovation in quantum computing with their complementary skills and deep industry knowledge.

Mitesh Shah, Co- Founder, Inflection Point Ventures says, “Understanding quantum technology and its intricate algorithms is daunting and applying it effectively in business is even more challenging. By bringing a platform where beginners and experts alike can work on quantum algorithms with a user-friendly low-code interface, Bloq Quantum’s USP brings satisfaction and business to its customers.. At IPV, we  believe not only in Sreekuttan’s capabilities but also in the entire team behind Bloq Quantum’s remarkable journey.”

Sreekuttan L S, CEO, Bloq Quantum, says, “Enterprises face challenges in adopting quantum computing due to fragmented and complex algorithm development processes. Bloq Quantum aims to streamline this by offering a comprehensive solution that simplifies the creation of quantum solutions, providing a seamless experience for businesses”.