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Classiq Achieves 97% Quantum Circuit Compression in Material Development Breakthrough

Classiq Technologies, a portfolio company of Qino Cyber Capital, collaborated with Deloitte Tohmatsu and Mitsubishi Chemical to demonstrate significant quantum circuit optimization.
December 11, 2024
Portfolio News

Classiq Technologies, a Qino Cyber Capital portfolio company, has achieved a major breakthrough in quantum computing. Working with Deloitte Tohmatsu and Mitsubishi Chemical, Classiq compressed quantum circuits by up to 97 percent while maintaining calculation accuracy.

Quantum computers require algorithms written as circuits. Longer circuits accumulate errors during calculation. Classiq's platform translates algorithms into its quantum modeling language (Qmod), then generates far more efficient circuits. In this demonstration, QAOA compression achieved 54 percent circuit reduction while QPE reached 97 percent compression.

Shorter circuits run faster with fewer errors, directly improving real-world performance. The breakthrough applies beyond chemical materials. Drug discovery, artificial intelligence, finance, manufacturing, and logistics all require complex calculations with high precision using quantum resources.

As a Qino Cyber Capital portfolio company, Classiq represents the fund's focus on foundational quantum infrastructure. The collaboration with Deloitte Tohmatsu and Mitsubishi Chemical validates the investment thesis: companies solving core quantum computing problems unlock significant market potential and accelerate industry adoption of quantum technology.

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