Qunova Computing

Quantum advantage for chemistry and materials science

Daejeon, United States · Founded 2021 · $10.0M raised

Headquarters
Daejeon
Employees
11–50
Founded
2021
Business Model
B2B
Total Funding
$10.0M
Last Round
$10.0M Series AAug 2025
Rounds
1

About

Qunova Computing is a South Korea-based quantum software startup specializing in quantum algorithm development for chemistry, pharmaceuticals, and engineering. Founded in 2021 and headquartered in Daejeon, the company developed HI-VQE (Hardware-efficient Iterative Variational Quantum Eigensolver), a hardware-agnostic quantum algorithm that has demonstrated quantum advantage over supercomputing for molecular simulation tasks. Qunova's algorithms are tested on IBM and AWS quantum systems and target practical applications in drug discovery and materials science. The company raised $10M in Series A funding in August 2025 from S Ventures and others.

Summary

Qunova Computing is a Quantum Computing company based in Daejeon, United States, founded in 2021. It has raised $10.0M in total across 1 round, most recently a $10.0M Series A round in Aug 2025.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Series ASeries AAug 2025
$10.0M

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