1QBit

Quantum computing software company based in Vancouver 1QB Information Technologies Inc. 1QBit_Corporate_Logo.svg Privately held company 2012 12 1 Vancouver, British Columbia Canada Andrew Fursman Landon Downs Software 1Qloud; QEMIST; xrAIRegulator fast-tracks 1QBit’s X-ray software to help fight COVID-19 Business in Vancouver April 14, 2020 https://www.biv.com/news/technology/regulator-fast-tracks-1qbits-x-ray-software-help-fight-covid-19-8259668 29 August 2025 1001QBit Founder & CEO Discusses Need for Skilled Talent to Grow Quantum Companies Inside Quantum Technology July 17, 2019 https://www.insidequantumtechnology.com/news-archive/1qbit-founder-ceo-discusses-need-skilled-talent-grow-quantum-companies/ 29 August 2025 2019 http://www.1qbit.com/ 1QB Information Technologies, Inc. (1QBit) is a quantum computing software company, based in Vancouver, British Columbia. 1QBit was founded on December 1, 2012Founding of 1QBit http://1qbit.com/founding-of-1qbit/ December 1, 2012 May 26, 2016 February 10, 2019 https://web.archive.org/web/20190210044446/https://1qbit.com/founding-of-1qbit/ dead and has established hardware partnerships with Microsoft, IBM, Fujitsu and D-Wave Systems.D-Wave Systems Building Quantum Application Ecosystem, Announces Partnerships with DNA-SEQ Alliance and 1QBit http://www.dwavesys.com/press-releases/d-wave-systems-building-quantum-application-ecosystem-announces-partnerships-dna-seq June 9, 2014 June 17, 2014 June 14, 2014 https://web.archive.org/web/20140614024823/http://www.dwavesys.com/press-releases/d-wave-systems-building-quantum-application-ecosystem-announces-partnerships-dna-seq dead While 1QBit develops general purpose algorithms for quantum computing hardware, the organization is primarily focused on computational finance, materials science, quantum chemistry, and the life sciences.http://1qbit.com/research.html 1QBit.com Research Papers 16 June 2014 https://web.archive.org/web/20140619053448/http://www.1qbit.com/research.html 2014-06-19 dead Technology 1QBit has divisions focused on universal quantum computing, advanced AI techniques, cloud based quantum processing, and hardware innovation. 1QBit's 1Qloud platform is focused on optimization including reformulating optimization problems into the quadratic unconstrained binary optimization (QUBO) format necessary to compute with quantum annealing processors and similar devices from organizations such as Fujitsu, D-Wave, Hitachi and NTT.Dion Marco J.P. Morgan Equity Quant Conference 2013 November 4, 2013 6 12 http://www.quantresearch.info/JPM_CONFERENCE_SUMMARY_2013.pdf Europe Equity Research 16 June 2014 History 1QBit was founded as the first dedicated quantum computing software company in 2012.CNBC Exponential Finance 8 May 2014 https://www.cnbc.com/phil-goddard/ CNBC 14 April 2016 In 2013, 1QBit raised seed funding from US and Canadian angel investors, before closing a Series A financing round led by the Chicago Mercantile Exchange in 2014.Marek Lynne CME makes a new bet on the future http://www.chicagobusiness.com/article/20140503/ISSUE01/305039965/cme-makes-a-new-bet-on-the-future 16 June 2014 Crain's Chicago Business May 5, 2014 On August 5, 2015, the World Economic Forum announced 1QBit as a recipient of the 2015 Technology Pioneer Award2015 Technology Pioneers http://widgets.weforum.org/techpioneers-2015b/ The World Economic Forum 16 August 2015 recognizing 1QBit as a leader among the world's most promising technology companies.Shaw Gillian August 5, 2015 Vancouver company named among world's most promising tech pioneers Vancouver Sun https://vancouversun.com/technology/Vancouver+company+named+among+world+most+promising+tech+pioneers/11268818/story.html dead August 16, 2015 https://web.archive.org/web/20150809001734/http://www.vancouversun.com/technology/Vancouver+company+named+among+world+most+promising+tech+pioneers/11268818/story.html August 9, 2015 In 2017, 1QBit raised a $45M Series B financing round led by Fujitsu with participation from Allianz, Accenture, The Royal Bank of Scotland and the Chicago Mercantile Exchange.Greenwood Max November 28, 2017 1QBit Announces $45 Million Series B and Partners with Accenture Tech Vibes https://techvibes.com/2017/11/28/1qbit-secures-45-million-series-b-partners-with-accenture Feb 6, 2019 In April 2018, 1QBit joined the IBM Q Network, a global community of Fortune 500 companies, academic institutions, startups, and national research labs designed to explore practical applications for quantum computing.https://www.bctechnology.com/news/2018/4/6/Vancouver-Based-1QBit-Joins-the-IBM-Q-Network-to-Explore-Practical-Applications-for-Quantum-Computing.cfm?v=2 Vancouver-Based 1QBit Joins the IBM Q Network to Explore Practical Applications for Quantum Computing bctechnology.com 2020-03-18 In May 2020, 1QBit and its collaborators serving health authorities from East to West obtained support from the Digital Technology Supercluster to facilitate the clinical implementation of XrAI, the first Artificial Intelligence (AI) radiology platform to be accredited by Health Canada as a Class III Medical Device.7 May 2020 1QBit and Canadian health care providers team up to empower front-line clinicians with Health Canada's first approved AI tool for radiology in the fight against COVID-19 https://www.prnewswire.co.uk/news-releases/1qbit-and-canadian-health-care-providers-team-up-to-empower-front-line-clinicians-with-health-canada-s-first-approved-ai-tool-for-radiology-in-the-fight-against-covid-19-811944524.html live https://web.archive.org/web/20200515165049/https://www.prnewswire.co.uk/news-releases/1qbit-and-canadian-health-care-providers-team-up-to-empower-front-line-clinicians-with-health-canada-s-first-approved-ai-tool-for-radiology-in-the-fight-against-covid-19-811944524.html 2020-05-15 28 August 2020 Cision PR Newswire Locations 1QBit is headquartered in Vancouver, British Columbia, Canada.Contact Us http://1qbit.com/contact-us/ 1QBit Website 25 May 2016 In early 2019, 1QBit opened a hardware innovation lab at the University of Waterloo in Waterloo, Ontario. See also Adiabatic quantum computation Quantum computing Quantum simulator Timeline of quantum computing and communication References 30em External links http://www.1QBit.com/ Category:Companies based in Vancouver Category:2012 establishments in British Columbia Category:Software companies established in 2012 Category:Financial software companies Category:Quantum information science Category:Software companies of Canada Category:Quantum programming