QAI Ventures launched the inaugural cohort of its Singapore Quantum Accelerator, a five-month program that aims to accelerate quantum and advanced computing ventures into the APAC market and is backed by Enterprise Singapore.
“Singapore made an early and patient bet on quantum, and that foundation is now translating into a commercial opportunity that is maturing,” said Alexandra Beckstein, CEO of QAI Ventures. “This cohort brings together some of the most technically advanced startups in the world, and our job is to help them build businesses that compete globally from Singapore.”
Singapore Quantum Accelerator
Four deep-tech startups have been selected from QAI Ventures’ inaugural Singapore cohort, out of 63 applications from 12 countries, all aiming to enter the APAC market. Each receives a SGD 300,000 investment package, in-person masterclasses, coaching, and access to QAI Ventures’ worldwide network.
The four companies include:
- Quantum Logic (Netherlands): A computer chip maker for quantum computers
- Qualia Therapeutics (Armenia): Creator of AI-powered tools to help treat certain brain conditions (stroke, depression)
- QPICs (United States): maker of Quantum Photonic Integrated Circuits, tiny chips that use light to send data
- Regenesis Materials (Indonesia): the company that turns trash into sustainable materials and installs ocean barriers to prevent ocean plastic pollution
“Singapore has built a strong foundation in quantum science and deep-tech innovation. The next phase is to build globally competitive, best-in-class quantum companies. By complementing QAI Ventures’ venture-building efforts with a dedicated accelerator in Singapore, this program creates a launchpad for international quantum startups entering the region, while giving local founders the networks, capital and commercial support to scale from Singapore into Asia and beyond,” said Sophia Ng, executive director, Startup Ecosystem, Enterprise Singapore.
