Kipu Quantum acquires quantum computing platform built by Anaqor AG to accelerate development of industrially relevant quantum solutions

Kipu Quantum, the world’s leading quantum software company, has announced a pivotal acquisition of PlanQK, a prominent German quantum computing platform developed by Anaqor AG. This strategic acquisition marks a significant step in Kipu Quantum’s mission to advance the field of quantum computing by integrating PlanQK’s platform and expert team. This move follows Kipu Quantum’s successful second closing of a €11.4 million seed funding round in late 2023, led by HV Capital and DTCF.

Strategic Acquisition Overview

• Acquisition Announcement: Kipu Quantum acquires PlanQK, a leading quantum computing platform.
• Objective: To enhance Kipu Quantum’s quantum computing capabilities and accelerate commercialization efforts.
• Funding Success: The acquisition follows a successful €11.4 million seed funding round led by HV Capital and DTCF.

Impact of the Acquisition

• Expansion of Quantum Ecosystem: PlanQK’s platform, with a network of over 100 organizations, will be integrated into Kipu Quantum’s operations.
• Enhanced Accessibility: The acquisition will enable frictionless access to Kipu Quantum’s hardware- and application-specific algorithms for a broad range of industries including pharmaceuticals, chemicals, logistics, and finance.
• Accelerated Growth: By leveraging PlanQK’s established infrastructure, Kipu Quantum aims to make quantum computing solutions more accessible and effective across various sectors.

Statements from Leadership

• Daniel Volz (CEO of Kipu Quantum): “Kipu Quantum’s massively compressed algorithms can tackle industrial-scale problems with today’s quantum processors. This acquisition will expand our reach and make our world-leading quantum computing services available to a wider audience.”
• Michael Falkenthal (Principal Architect of PlanQK): “Combining our expertise with Kipu Quantum’s capabilities will accelerate quantum computing advancements and facilitate the integration of these solutions into existing processes.”
• Enrique Solano (Co-Founder and Chief Visionary Officer of Kipu Quantum): “We are excited to welcome the PlanQK team and pursue our shared mission of demonstrating quantum advantage by 2026. This acquisition positions us to make history in the quantum computing field.”
• Alexandra Beckstein (CEO and Co-Founder of QAI Ventures): “Kipu Quantum’s acquisition of PlanQK is a bold move that reinforces their commitment to advancing quantum computing. We look forward to supporting their efforts in achieving impactful quantum solutions.”

PlanQK’s Proven Success

• Platform Overview: PlanQK’s platform is well-regarded for managing complex quantum computing tasks and serving high-profile clients such as BASF, DB Systel GmbH, T-LABS, and TRUMPF.
• Air Miles Reward Program: The acquisition includes the Air Miles Reward Program, the largest coalition loyalty program in the Middle East.

About Kipu Quantum

Kipu Quantum is a leader in the quantum software industry, focused on creating advanced quantum computing solutions for a range of applications. With a mission to make quantum computing useful for real-world problems, Kipu Quantum is committed to innovation and achieving quantum advantage by 2026.

• Recent Achievements: Successful €11.4 million seed funding round in late 2023
• Clients: BASF, DLR, MasOrange
• Mission: To deliver effective quantum computing solutions and achieve a quantum advantage

About PlanQK

PlanQK is a German quantum computing platform developed by Anaqor AG. The platform is known for its robust capabilities in managing complex quantum computing tasks and serving a diverse range of industries.

• Ecosystem: Over 100 organizations including BASF, DB Systel GmbH, T-LABS, and TRUMPF
• Program: Includes the Air Miles Reward Program in the Middle East
• Focus: Community-driven platform supporting quantum innovation

The acquisition of PlanQK by Kipu Quantum represents a major advancement in the field of quantum computing. By integrating PlanQK’s platform and team, Kipu Quantum aims to enhance accessibility to quantum computing solutions across various industries and accelerate the path to achieving quantum advantage.