Quantistry, a Berlin, Germany-based leader in chemical simulations, raised €3M in funding.
The round was led by Ananda Impact Ventures, with participation from Chemovator.
The company intends to use the funds to accelerate its efforts to transform chemical R&D and discovery of new materials.
Led by CEO Marcel Quennet, Quantistry provided a cloud-native chemical simulation platform used for the design and discovery of new sustainable materials. By focusing on sustainability and efficiency, the solution empowers leaders across strategic industrial sectors worldwide to meet challenges through Quantum and AI-based solutions.
Commenting on the news, Marcel Quennet said: “With the backing of Ananda, Chemovator (BASF), and IBB Ventures we’ve found the perfect partners to realize our vision. It’s clear: simulations not only transform the industrial R&D landscape but also steer it towards a greener future—yet, they remain out of reach for many. Together, we’re democratizing this technology, shaping the future of chemical R&D and materials science from Quantum to AI.”
FinSMEs
12/03/2024