1QBit
Toronto, Canada
Founded 2012
Commercial About
1QBit develops quantum software and applications for complex computational problems in finance, healthcare, and logistics, focusing on quantum-enhanced optimization algorithms and quantum machine learning techniques that provide practical advantages over classical approaches while offering consulting services to help enterprises integrate quantum computing into their operations. 2025 Developments: The company continues to enhance its quantum software platform and developer tools in 2025. Focus remains on improving algorithm efficiency and expanding use case applications. Active engagement with the quantum developer community drives product evolution.
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Key People
Andrew Fursman (CEO), Landon Downs (Co-founder)
Quick Facts
Country: Canada
City: Toronto
Founded: 2012
Type: commercial
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