Quantum software company Haiqu has secured $11 million in seed funding to accelerate development of its execution platform for near-term quantum computers.
The round was led by Primary Venture Partners, with participation from Qudit Investments, Alumni Ventures, Collaborative Fund, Silicon Roundabout Ventures, and returning investors Toyota Ventures and Mac Venture Capital.
The funding will be used to advance Haiqu’s software stack, which aims to reduce the cost and complexity of running large-scale quantum workloads on today’s hardware.
Founders focus on practical progress in quantum computing
Haiqu was founded in 2022 by Richard Givhan, a Stanford-trained engineer, and Mykola Maksymenko, a quantum researcher with experience at the Max Planck Society and the Weizmann Institute of Science. The founders say the current pace of quantum progress is limited by high cloud costs and inefficient execution on noisy hardware.
According to Givhan, many quantum teams struggle to experiment at scale because running meaningful workloads is still too expensive and performance remains inconsistent across machines.
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Software bridges gap between algorithms and hardware
Haiqu develops an operating system designed to sit between quantum algorithms and physical hardware. The platform optimizes quantum circuits, manages data more efficiently, and applies proprietary error-shielding techniques to improve execution on imperfect devices.
Unlike single-hardware approaches, the firm’s system adapts dynamically to different quantum architectures, allowing applications to run across multiple machines without being locked into a specific vendor or modality.
Targeting larger workloads at lower cost
The company’s goal is to enable larger quantum applications to run at a fraction of current cloud execution costs. By reducing inefficiencies at the middleware level, Haiqu aims to make near-term quantum experimentation more accessible for research teams and early industrial users.
The founders believe this approach can unlock faster iteration cycles and help close the gap between experimental quantum research and commercially useful applications.
About Haiqu
Haiqu is a quantum software company building a new execution stack for near-term quantum computers. Its platform supports large-scale data loading, advanced simulations and noise-resilient quantum machine learning, helping teams extract practical performance from today’s imperfect quantum hardware.
