After intense months of excellent work by the whole Kvantify team, we are excited to announce that we have secured the EIC Accelerator grant, which will support and speed up the advancements of our solutions for vital pharmaceutical workflows.
In a highly competitive process, we had the opportunity to demonstrate to the juries of the European Innovation Council that our hybrid approach of high-performance computing and quantum computing algorithms already shows significant and unprecedented improvements in accuracy and speed.
The Pharmaceutical industry stands to reap substantial rewards as #quantumcomputing matures, and at Kvantify we are very proud to be among the teams leading the charge.
The EIC Accelerator offers start-ups and SMEs grants of up to €2.5 million combined with equity investments through the EIC Fund ranging from €0.5 to €15 million or more. In addition to financial support, all projects benefit from a range of Business Acceleration Services that provide access to leading expertise, corporates, investors and ecosystem actors.