Advanced Diamond Technologies

Advanced Diamond Technologies (ADT) is a US materials company founded in 2003 that develops advanced diamond thin film materials and quantum-grade diamond products for quantum computing, quantum sensing, and quantum photonics applications, providing chemical vapor deposition (CVD) diamond films, diamond-on-insulator substrates, and custom diamond solutions with controlled nitrogen-vacancy centers and other quantum defects, serving quantum technology companies and research institutions with specialized diamond materials that enable quantum sensors, quantum memory devices, and quantum electronic applications requiring the exceptional properties of synthetic diamond for quantum information processing.

Compute Everything Technologies

Compute Everything Technologies is a Canadian quantum software company developing quantum simulation and computational tools for materials science applications, focusing on quantum algorithms for molecular modeling, materials discovery, and chemical simulation. The company provides quantum software platforms for researchers and enterprises in materials science, chemistry, and pharmaceutical industries seeking to leverage quantum computing advantages for complex molecular simulations and materials property calculations. Compute Everything Technologies specializes in quantum chemistry algorithms, materials simulation software, and consulting services for organizations developing new materials, catalysts, and chemical compounds using quantum-enhanced computational approaches.

Element Six

Element Six is a UK synthetic diamond technology company established in 1946 that has become the world’s leading supplier of synthetic diamond materials for quantum technologies, producing ultra-pure single crystal diamonds with nitrogen-vacancy (NV) centers for quantum sensing, quantum computing, and quantum communication applications, providing specialized diamond substrates, quantum-grade diamond materials, and custom diamond solutions that enable quantum sensors, quantum memory devices, and quantum photonics components used by research institutions and quantum technology companies worldwide for applications requiring the unique properties of diamond’s quantum defects and exceptional material characteristics.

HQS Quantum Simulations

HQS Quantum Simulations is a leading quantum software company focused on developing quantum algorithms and applications for materials science, chemistry, and pharmaceutical research. Founded in 2017 by Michael Marthaler, Iris Schwenk, and Konstantin Willeke from the Karlsruhe Institute of Technology, the company specializes in quantum simulations of molecular and material systems that are computationally challenging for classical computers. HQS develops quantum software solutions for drug discovery, catalyst design, battery materials, and chemical process optimization, working with pharmaceutical companies, chemical manufacturers, and materials research organizations. Their quantum algorithms enable the simulation of complex molecular interactions, electronic structures, and chemical reaction pathways with unprecedented accuracy and efficiency. The company’s platform integrates with existing quantum hardware and classical simulation workflows, providing a bridge between current computational chemistry methods and future quantum advantage. HQS has established partnerships with quantum hardware providers and major industrial customers, positioning them at the intersection of quantum computing and materials innovation.

Phasecraft

Phasecraft develops quantum algorithms specifically designed for materials modeling and condensed matter physics applications, focusing on creating quantum software that can efficiently simulate complex many-body systems and materials properties using near-term quantum devices to accelerate materials discovery and development.

Company Information

• Founded: 2018
• Country: UK
• Website: https://phasecraft.io
• Categories: quantum materials

Key People

Toby Cubitt (Co-founder, CEO), Ashley Montanaro (Co-founder, CTO)

Investment Information

• Status: private
• Total Raised: $50M
• Last Valuation: $200M

Recent Funding Rounds

• 2025-09-02: series-b - $34M - Series B funding for quantum algorithms and material discovery applications
• 2021-07-15: series-a - $16M - Series A funding round

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