Phasecraft is a quantum computing software company that focuses on developing algorithms and software for quantum computers.

John Morton

Toby Cubitt

Simone Severini

Ashley Montanaro

Phasecraft

Qnami is a company that develops and commercializes quantum technologies for sensing and imaging applications, offering scientific instruments and analytical solutions for nanotechnology, life science, and earth science.

Qnami

OpenEye Scientific develops molecular modeling software and provides consulting services for drug discovery. The company focuses on computational molecular design and offers a range of tools for biopharmaceutical research.

OpenEye Scientific

Phasecraft is the quantum algorithms company. We’re building the mathematical foundations for quantum computing applications that solve real-world problems.

Our team brings together many of the world’s leading quantum scientists, including founders Toby Cubitt, Ashley Montanaro, and John Morton and quantum consultant Andrew Childs.

In 2020 we completed a record £3.7m seed round for a quantum computing company in the UK, led by VC firm LocalGlobe.

UCL Technology Fund

Parkwalk Advisors

Episode 1

LocalGlobe

Today we took the wraps off one of our most important projects as a company so far: a suite of algorithms that makes simulating materials on quantum computers simpler and more efficient than ever before. 

One of our focuses at Phasecraft is creating algorithms to discover new materials that could lead to advances in renewable energy, manufacturing and pharmaceuticals. Yet the current crop of quantum computers can’t carry out complex simulations because they’re limited by the number of operations they can reliably perform.  

Published today in Nature Communications, our algorithms combine and optimise classical mapping with quantum simulation to break down these limitations. 

The first stage performs calculations and optimisations on classical computers to produce an effective representation of the material
The second stage produces the world’s most efficient quantum circuits to simulate the material’s behaviour
The framework is encapsulated in an integrated software pipeline, drastically reducing the number of quantum gates needed to run the simulations, by a factor of more than a million in some cases

For instance: lithium copper oxide, which is used in advanced lithium-ion battery technology, can now be simulated with 410,000 gates, compared to the baseline technique of 1.5 trillion gates. 

With these algorithms, we’re one step closer to running complex material simulations on near-term quantum computers - what was once beyond reach now seems to be within striking distance. This could accelerate advancements in the development of more efficient batteries and solar cells to power the renewable energy transition. 

This work is the culmination of multiple years of research and we’re extremely proud of the team for their work achieving this. A special thanks to @Innovate UK whose grant made the work possible and to the @National Quantum Computing Centre and the Scientific Computing Department @STFC who collaborated with us on the development of our materials database. 
 
You can try the database out for yourself here, featuring each material’s circuit depth and qubit requirements: https://lnkd.in/e-uX_vT5  

https://lnkd.in/e2jhvpQt

We are delighted to launch our 2024 Quantum Algorithms Intern programme! To find out more about this exciting opportunity at Phasecraft please click on the link below. The closing date is 12th February 2024. We look forward to hearing from you! https://lnkd.in/e47mySFv #quantumcomputing #phasecraft #intern #algorithms

Our Co-founder and CEO Ashley Montanaro speaks to Ollie Tiramuragan Collard and Becky Sage about founding Phasecraft and taking it from a small academic collaboration to a team of over 25 people tackling ambitious problems by accelerating the practical application of quantum computing. 

Apple: https://lnkd.in/dPgRpxC4

Spotify: https://lnkd.in/dWQsHJXu

#quantumcomputing

Interested in doing a PhD in quantum computing? We're supporting a fully-funded PhD project "Error-mitigated near-term quantum algorithms", at @BristolUniMaths and based with our team. 

Application deadline 31 Jan. Details at https://lnkd.in/e8GUip8B

"For us on the software side, it’s all about coming up with clever mathematical ideas to make algorithms more efficient and work on today’s early-stage, small-scale quantum devices."

Our co-founder and CTO/CSiO Toby Cubitt spoke to Hamish Johnston at Physics World to discuss how Phasecraft is accelerating the path to near-term quantum advantage by designing advanced algorithms.

https://lnkd.in/eqa59FJv

Quantum computing has enormous potential. In this great piece in Euronews our co-founder and CEO Ashley Montanaro helps us understand exactly if, when and to what extent quantum computing can contribute to solving the climate crisis. 

🌍 As COP28 comes to an end next week, we hope the delegates will agree that we need all technological solutions to solve the Net Zero jigsaw puzzle. 

#quantumcomputing  #netzero #cop28

https://lnkd.in/ejvmKiRH

From cold Helsinki to sunny California, our co-founder and CTO/CSciO Toby Cubitt and Principal Quantum Scientist Glenn Jones will be at @QC Ware’s Q2B conference this week in Silicon Valley talking about quantum simulation case studies. Catch their talk on Thursday and come say hi! 

#q2b #quantumalgorithims #quantumsimulation

Following Google DeepMind's exciting discovery of 380,000 new stable materials using their AI tool GNoME, our Principal Quantum Scientist Glenn Jones discusses how deep learning and quantum computing can come together to further enhance computational materials discovery.

The results of Fast Company's Next Big Things in Tech awards are in and we're thrilled to have been named as winners in not only one but TWO categories – Excellence in Innovation, and Computing, Chips and Foundational Tech. 

Next Big Things In Tech shines a light on the breakthroughs and innovations that are helping to positively define the future. Thousands of projects and companies globally, across all sectors, are considered each year and it’s an honour to have been named one of 2023’s double-recipients by Fast Company’s panel of editors and writers. 

Accelerating the path to quantum advantage is our mission so to have this recognised, while sitting alongside huge players in tech like Adobe, The Walt Disney Company, and Wiliot is a landmark moment for us. We're incredibly proud of everything we’ve accomplished, and can’t wait to see what the future holds!

The UK is a global leader in quantum computing and we’re delighted to see continued commitment from the UK Government to quantum missions that will be delivered over the next decade. Among other applications, quantum computers will enable rapid and accurate modelling of novel materials that are vital for the clean energy revolution.

The long-term support for work on quantum hardware, algorithms and software provided by the UK's Quantum Computing Mission is essential to help the industry go beyond these early advantages. As other countries invest heavily in this area, it’s very welcome to see the UK government backing the sector with additional funding which will enable quantum computers to deliver a host of scientific and technological breakthroughs of great benefit to society.

(Ashley Montanaro - Co-founder and CEO)

Metric
Company Name	Phasecraft	Qnami	OpenEye Scientific
Symbol
MSH ID	IO:PHASECRAFT	CH:QNAMI	COM:EYESOPEN
Market	PRIVATE	PRIVATE	PRIVATE
Sector	Information Technology	Technology	Healthcare & Health Services
Industry	Technology	Quantum Technologies	Biotechnology
Country	GB	CH	US
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Employee Count	27	11
Website	phasecraft.io	qnami.ch	eyesopen.com
LinkedIn	phasecraft		openeye-scientific-software
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Monthly Web Traffic	892	43
Web Traffic Growth	1.03
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IO:PHASECRAFT

Phasecraft

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