【PRESS RELEASE】Quemix Selected for Q-STAR and Plug and Play Japan’s “Quantum Startup Accelerator Program”
— Accelerating the Social Implementation of Quantum Technology through Support from a World-Class Accelerator —
Quemix Inc. (Head Office: Chuo-ku, Tokyo; President and CEO: Yu-ichiro Matsushita; hereinafter "Quemix"), a company engaged in the research and development of quantum computer algorithms and software, is pleased to announce that it has been selected as one of five companies for the "Quantum Startup Accelerator Program" conducted by the Quantum STrategic industry Alliance for Revolution (hereinafter "Q-STAR") and Plug and Play Japan KK (hereinafter "Plug and Play").
Q-STAR is a Japan-based organization promoting the industrialization of quantum technology, with more than 160 member companies, universities, and research institutions. Through industry-academia-government collaboration, Q-STAR promotes the social implementation of quantum technology and international collaboration. To further accelerate Japan’s quantum ecosystem, Q-STAR has launched, jointly with Plug and Play, a world-class Silicon Valley-based accelerator, a startup support program for companies seeking to develop businesses leveraging quantum technology.
This program is conducted as part of the Cabinet Office’s Council for Science, Technology and Innovation Strategic Innovation Promotion Program (SIP) Phase 3, “Promoting the Application of Advanced Quantum Technologies to Social Challenges” (Managing Organization: National Institutes for Quantum Science and Technology (QST)).
During the three-month program, Quemix will receive hands-on, tailor-made business development support from dedicated teams at Q-STAR and Plug and Play, based on a startup-first perspective. By making full use of Plug and Play’s expertise and network as a world-class accelerator, together with Q-STAR’s strong industrial base, Quemix will strongly advance its business development toward its goal of “the practical application and industrialization of quantum computers in simulation and related fields.”
About Quemix Inc.
Quemix Inc. is a consolidated subsidiary of TerraSky Co., Ltd. (Head Office: Chuo-ku, Tokyo; Representative Director Executive President and CEO: Hideya Sato) conducts research and development in quantum computing, quantum sensing, and computational materials science. Under the vision of "realizing the future humanity has dreamed of through quantum technology," Quemix supports breakthrough innovations for companies leading the next generation of quantum technologies.
Since its establishment in 2019, the company has focused on research and development of algorithms for fault-tolerant quantum computers (FTQC), including the development and patenting of the "Probabilistic Imaginary-Time Evolution (PITE®)," a quantum chemistry calculation algorithm with mathematically proven quantum acceleration. As a leading company in FTQC algorithm research in Japan, Quemix is actively advancing research and development aimed at the practical application of quantum computing in materials computation and simulation by 2030.
Contact Information
Public Relations, Quemix Inc.
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