We’re thrilled to announce our co-investment in Molecular Quantum Solutions (MQS), a Rockstart Emerging Tech portfolio company. The recent funding round of €600k was led by Scale Capital in collaboration with Stokbro Invest and the Rockstart team.
MQS provides advanced computational tools that greatly accelerate research and development efforts in the pharmaceutical, biotech, and chemical sectors. Their cutting-edge tools leverage supercomputers and quantum computing technology, utilizing computational models and algorithms to rapidly and efficiently calculate material and chemical properties. The pharma and biopharma industries typically invest between approximately 20 and 60 billion USD in drug formulation and manufacturing upscaling phases. With MQS, users can now screen and evaluate new materials for applications such as batteries, green solvents, pharmaceutical drugs, and biodegradable plastics without the need for expensive laboratory experiments.
With this new funding, MQS has ambitious plans to transform its tool stack into a scalable SaaS solution tailored specifically for the pharmaceutical and chemical industries.
“Over the last three years, we have built a solid infrastructure to run computationally demanding quantum chemistry calculations in the cloud and solve industry-relevant use cases. Further, we have developed novel quantum computing methods which we are integrating into our classical calculation pipeline. We have several collaborations ongoing with quantum computing research institutions and companies. We are now set to push into the worldwide market with our cloud products stack.”
Mark Nicholas Jones, CEO/CTO, Molecular Quantum Solutions
“Increasing computing power will play a pivotal role in tackling global issues and shortcutting its time to market can significantly contribute to worldwide problem-solving. We invested in Molecular Quantum Solutions (MQS) to streamline computing power and drive change in Industry 4.0 & advanced analytics development. The MQS team works relentlessly to build highly complex quantum chemistry solutions in the space of supercomputing and quantum computing and we’re excited to have joined their journey early on.”
Michael Bjørnlund, Managing Partner, Rockstart Emerging Tech
The Rockstart Emerging Tech fund was launched in 2022 and is Rockstart’s third fund. Rockstart Emerging Tech has invested in 11 startups since its launch last year.
