Bleximo raises $1.5M for its quantum computing accelerators

Right now, Bleximo is mostly looking at speeding up simulations of new materials and molecules for drug development. Quantum computing lends itself to solving these kind of problems, though the company argues that its technology is just as applicable to solving problems in energy, finance, manufacturing and security.

Not everybody seems to agree that general quantum computing is all that far away, though, so it remains to be seen if a real market for this kind of specialized quantum co-processors (Bleximo calls it a “qASIC”) will really develop, especially given that a quantum computer will also be some form of hybrid machine that combines classical and quantum computing. If it does, though, Bleximo seems well-positioned to capitalize on it, especially given that its technology will be a bit simpler (as far as one can say that about anything quantum computing) and won’t need the large amount of qubits with long coherence times that a general-purpose quantum computer would need.