Entropica Labs: Difference between revisions
Created page with "{{Infobox Startup |logo=Entropica-labs.png.webp |status=Active |website=https://entropicalabs.com/ |vertical=Quantum computing |trl=Development (TRL 4-6) |latest_funding=Series A+ |founding_year=2018 |spun_off_from=National University of Singapore }} {{PAGENAME}} is a COUNTRY-based startup developing TECHNOLOGY for APPLICATION. ==Technology== Describe the underlying science and technology of the startup here. Ideally, it should provide a layman introduction of any ke..." |
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|spun_off_from=National University of Singapore | |spun_off_from=National University of Singapore | ||
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{{PAGENAME}} is a | {{PAGENAME}} is a Singapore-based startup developing [[quantum error correction]] solutions. | ||
==Technology== | ==Technology== | ||
The startup is creating modular software tools that simplify quantum error correction (QEC) from design to execution. This includes an Integrated Development Environment (IDE) and a algorithmic layer that transforms quantum programs into fault-tolerant circuits<ref>{{Cite web |title=Technology {{!}} Entropica Labs |url=https://entropicalabs.com/technology/ |access-date=2025-12-23 |website=entropicalabs.com}}</ref>. | |||
The company also released Loom Design, an open-source toolkit to design, simulate, and validate quantum error correction (QEC) frameworks<ref>{{Cite web |title=Loom Design |url=https://loom-docs.entropicalabs.com/ |access-date=2025-12-23 |website=loom-docs.entropicalabs.com}}</ref>. | |||
==Traction== | ==Traction== | ||
In 2024, the startup announced that they would be working with their Series A+ investor to test their quantum software tools on insurance use cases<ref name=":0">{{Cite web |last=Choucair |first=Cierra |date=2024-09-05 |title=Entropica Labs Secures Investment from State Farm Ventures to Advance Quantum Error Correction and Pursue Insurance Use Cases Entropica Labs Secures Investment from State Farm Ventures to Advance Quantum Error Correction and Pursue Insurance Use Cases |url=https://thequantuminsider.com/2024/09/05/entropica-labs-secures-5-5m-investment-from-state-farm-ventures-to-advance-quantum-error-correction-and-pursue-insurance-use-cases/ |access-date=2025-12-23 |website=The Quantum Insider |language=en-US}}</ref>. | |||
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==Funding== | ==Funding== | ||
Entropica Labs raised a US$4.7 million Series A Round in November 2023 led by [[Liftt]] and [[Wavemaker Partners]]<ref>{{Cite web |last=Chong |first=Claudia |date=2023-11-07 |title=Quantum startup Entropica Labs raises US$4.7 million in Series A round |url=https://www.businesstimes.com.sg/startups-tech/startups/quantum-startup-entropica-labs-raises-us47-million-series-round |access-date=2025-12-23 |website=The Business Times |language=en}}</ref>. In September 2024, the startup extended their Series A funding to $5.5 million with an additional investment with State Farm Ventures<ref name=":0" />. | |||
== | The startup raised their S$2.6 million seed round in 2020, led by [[Elev8.vc]]<ref>{{Cite web |title=Tech in Asia - Connecting Asia's startup ecosystem |url=https://www.techinasia.com/entropica-labs-seed-funding |access-date=2025-12-23 |website=www.techinasia.com |language=en-US}}</ref>.{{Startup/Funding history}} | ||
== References == | == References == | ||
{{Reflist}} | {{Reflist}} | ||