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SEEQC Analysis: $30M Raised

What is SEEQC?

SEEQC is developing the first digital quantum computing platform that integrates classical and quantum technologies. Their focus is on addressing the efficiency, stability, and cost issues associated with quantum computing systems. The company aims to provide scalable solutions for global businesses.
Employees
11-50
Founded
2018
Industry
AI/ML, Cloud Infrastructure, Devtools
Valuation
$3.4M
Latest Funding Amount
$30,000,000
Latest Funding Round Size
$30.0M

Product Features & Capabilities

  • Digital Quantum Management System-on-a-Chip™
  • Custom chip fabrication services
  • Quantum solutions for all qubit modalities
  • Chip foundry services

How much SEEQC raised

Funding Round - $30.0M

Recent

Other Considerations

Raised $30M in funding to enhance quantum chip development; Collaborated with IBM and BASF for quantum initiatives; Featured in major publications like TechCrunch and Reuters

Gtm Strategy

SEEQC employs a hybrid go-to-market (GTM) strategy that combines elements of both product-led growth (PLG) and sales-led approaches.

Upon analyzing the SEEQC website, it is evident that the company emphasizes its Digital Quantum Management System-on-a-Chip™ prominently on the homepage, indicating a focus on product visibility. However, there is no clear option for a free trial or self-service signup, which suggests a lower emphasis on PLG. Instead, the site encourages potential customers to engage through partnerships and collaborations, such as with IBM and BASF, indicating a more structured sales-led approach.

The pricing information is not transparently displayed on the website, which typically aligns with a sales-led strategy where potential customers are encouraged to contact sales for more information. This suggests that SEEQC is targeting larger enterprises rather than small teams, as the pricing structure appears to be oriented towards significant contracts.

Additionally, the presence of educational resources, including blog posts and videos, indicates an investment in customer education, which is a hallmark of PLG. However, the focus on structured partnerships and the lack of immediate product access without sales interaction leans more towards a sales-led model.

Overall, SEEQC's strategy reflects a combination of both approaches, optimizing for high-touch relationships with larger businesses while also providing educational content to facilitate understanding and engagement with their complex quantum computing solutions.

Reported Clients

  1. BASF - SEEQC partnered with BASF to explore quantum computing applications in chemical reactions, particularly in homogeneous catalysis.
  2. Merck - SEEQC collaborates with Merck to explore quantum computing, focusing on a hybrid approach that combines classical and quantum technologies.
  3. Booz Allen Hamilton - The partnership with Booz Allen has been expanded to accelerate the scaling of quantum computers.

Find more companies like SEEQC

US Series A startups

Financial Overview

$30MTotal Raised
Funding Round$30.0M
Recent
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