ColdQuanta Acquires


ColdQuanta, a Boulder, CO-based global quantum ecosystem company, acquired, a  Chicago-based leader in quantum software application and platform development.

The amount of the deal has not been disclosed.

The acquisition aims to transform ColdQuanta into a multi-platform, quantum hardware and software company.’s full team of quantum information scientists and software developers, including CEO Pranav Gokhale and Chief Scientist Fred Chong, will join ColdQuanta and lead the company’s new Chicago office.

ColdQuanta also announced the beta launch of Hilbert, a gate-based cold atom quantum computer, which supports the Qiskit API and will initially be available in beta to customers through its comprehensive multi-tenant cloud platform. Integration with public clouds services will be available later in the year.’s optimized software stack includes:

  • SuperstaQ: The company’s flagship write-once, run anywhere software enables customers to write quantum programs in any source language, which can be optimized and executed on any quantum computer and native gate set.
  • SupermarQ:’s open source benchmark software is a comprehensive quantum computing benchmarking platform, based on real-world use cases and applications.
  • Applications: designs quantum algorithms to address critical use-cases in multiple industries.

ColdQuanta’s software experts,, bring a wide range of application and algorithmic capabilities to ColdQuanta. will enhance the capabilities of Hilbert by improving circuit performance via pulse-level optimization, optimized transpilation, and error mitigation techniques.

Scott Faris, the CEO, and Paul Lipman – President of Quantum Information Platforms – are ColdQuanta’s leaders. They harness quantum mechanics in order to build and integrate quantum computers, sensors and networks. From fundamental physics to edge commercial products, ColdQuanta enables “quantum everywhere” through an ecosystem of devices and platforms. The company is headquartered in Boulder, CO with offices in Chicago (IL), Madison, WI, or Oxford, UK.

Get latest news from African Startup ecosystem

Latest stories

You might also like...