Institute for Quantum Computing
The Institute for Quantum Computing is a University of Waterloo research institute founded in 2002 that conducts fundamental and applied research in quantum computing and quantum information science, funded through university budgets, government grants, and industry partnerships, and serving the academic and research community.
- Company typePrivate
- Founded2002
- HeadquartersWaterloo, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Institute for Quantum Computing does
The Institute for Quantum Computing (IQC) is a scientific research institute operating within the University of Waterloo in Ontario, Canada. Founded in 2002 by Mike Lazaridis and Michele Mosca, IQC conducts fundamental and applied research in quantum computing, quantum cryptography, and related fields of quantum information science. The institute is physically housed in the Mike & Ophelia Lazaridis Quantum Nano Centre (QNC) at 200 University Avenue West, Waterloo, and operates with a headcount in the 101-250 range, drawing on the University of Waterloo's strengths in mathematics, computer science, and engineering.
IQC's core output is research and trained talent rather than commercial products. The institute has no commercial product lines, no APIs or software offerings, and no disclosed pricing in the source material. Its revenue model is grant- and university-funded: research activities are financed through the University of Waterloo's budget, government grants (the only explicitly disclosed external funding event is a $1.5M grant from the Canadian Space Agency in December 2017), and industry partnerships. The institute does not maintain a customer roster of named enterprise buyers; instead, its primary 'customer' segment is the academic and research community, including graduate students, academic researchers, and industry partners engaged in quantum science.
Distribution is correspondingly academic: research is disseminated through scholarly publications, conferences, and collaborative partnerships rather than commercial channels, with social media (Facebook, Instagram, LinkedIn, YouTube) used for research communications and community engagement. IQC operates under the governance, funding, and administrative frameworks of the University of Waterloo and does not maintain independent equity or ownership structures. The institute's market footprint is concentrated in Canada, with no global commercial footprint claim documented in the source data.
Institute for Quantum Computing firmographics
Firmographics- Name
- Institute for Quantum Computing
- Legal name
- University of Waterloo
- Website
- https://uwaterloo.ca
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Institute for Quantum Computing is a University of Waterloo research institute founded in 2002 that conducts fundamental and applied research in quantum computing and quantum information science, funded through university budgets, government grants, and industry partnerships, and serving the academic and research community.
- Ownership category
- akta.pro rank
Institute for Quantum Computing industry classification
Industry- Product category
- Quantum Computing Research
- NAICS
- Colleges, Universities, and Professional Schools (6113)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Quantum Education, Workforce Development & Academic Centers (HDAGAMAM)
- akta.pro secondary industries
- Quantum Tech Commercialization, IP, Tech Transfer & Venture Research (HDAGAMAN), Technical Universities with Computing, Data & AI Focus (EDAHAEAK), Quantum Education & Certification Programs (HDAGALAA)
Keywords
Where Institute for Quantum Computing is headquartered
LocationHeadquarters
- HQ city
- Waterloo
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Institute for Quantum Computing business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Others
Marketing channels4 records
Institute for Quantum Computing product offering
Product offeringCore offering
The Institute for Quantum Computing (IQC) is a scientific research institute at the University of Waterloo that conducts fundamental and applied research in quantum information science and technology, including quantum computing and quantum cryptography. The institute trains graduate students and the next generation of quantum scientists and engineers, and collaborates with industry partners to advance quantum technologies. Research outputs are shared through academic publications, conferences, and collaborative partnerships rather than commercial products.
Product overview
The Institute for Quantum Computing (IQC) is a research institute within the University of Waterloo. The source data does not contain specific product or service offerings for IQC. The available content focuses on the University of Waterloo's general institutional information including admissions, alumni relations, indigenous relations services, athletics, and various academic departments. No dedicated IQC product pages, technology offerings, or service descriptions were found in the provided source material.
Differentiator
Problem solved
Functional benefit
Companies that use Institute for Quantum Computing
Customer profileSegments1 record
Ideal customer profiles1 record
Institute for Quantum Computing technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Institute for Quantum Computing partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Institute for Quantum Computing competitors and assessment
Company assessmentDirect peers
- Chicago Quantum Exchange (CQE): Chicago Quantum Exchange is a multi-institutional hub (University of Chicago, Argonne, Fermilab, Northwestern) advancing quantum information science. It is comparable to IQC as a coordinated academic quantum research consortium with strong ties to national labs and industry.
- Perimeter Institute for Theoretical Physics: Perimeter Institute is a Waterloo-based independent theoretical physics research institute, directly comparable to IQC in operating as a specialized, grant-and-philanthropy-funded research institute in the same Canadian city, often co-hosting quantum events.
- QuTech (Delft University of Technology): QuTech is a Dutch advanced research center for quantum computing and quantum internet, jointly founded by TU Delft and TNO. It is directly comparable to IQC in being a flagship national quantum research institute with both academic and industry partnership focus.
- MIT Center for Quantum Engineering (CQE): MIT CQE is a multidisciplinary quantum research center at a top US university, comparable to IQC in conducting fundamental and applied quantum information research and training graduate students within a leading engineering school ecosystem.
- Institute for Quantum Information and Matter (Arizona State / Caltech): IQIM is an NSF-funded Physics Frontiers Center focused on quantum information science research and workforce training, comparable to IQC in mission, scale, and academic-driven research model.
- Caltech Institute for Quantum Information and Matter (IQIM): Caltech IQIM is a university-based quantum information science and technology research center with similar scope to IQC: fundamental research, training, and cross-disciplinary collaboration in quantum computing, communication, and sensing.
Broad incumbents
- Google Quantum AI: Google Quantum AI operates one of the largest industrial quantum computing research efforts. Comparable to IQC in pushing the frontier of quantum hardware and algorithms, though with vastly larger commercial funding and a for-profit structure.
- National Institute of Standards and Technology (NIST) Quantum Information Program: NIST's quantum information science program is a US federal research effort in quantum computing, communication, and metrology. Comparable to IQC in conducting public-interest quantum research and standards work, though backed by federal government scale rather than university funding.
- IBM Quantum: IBM Quantum is a commercial incumbent with deep quantum research capabilities and industry partnerships. Comparable to IQC in research depth and quantum ecosystem influence, though operating commercially rather than as a non-profit academic institute.
Regional players
- RIKEN Center for Quantum Computing: RIKEN's quantum computing center is a Japan-based national-lab-affiliated quantum research center with comparable R&D scope (hardware, algorithms, theory). It differs geographically from IQC but is highly comparable in mission and structure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Institute for Quantum Computing social profiles
Digital presenceInstitute for Quantum Computing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Institute for Quantum Computing leadership team
Management profileNumber of profiles
Profiles2 records
Institute for Quantum Computing funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
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Institute for Quantum Computing M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about Institute for Quantum Computing
What does Institute for Quantum Computing do?
The Institute for Quantum Computing (IQC) is a scientific research institute at the University of Waterloo that conducts fundamental and applied research in quantum information science and technology, including quantum computing and quantum cryptography. The institute trains graduate students and the next generation of quantum scientists and engineers, and collaborates with industry partners to advance quantum technologies. Research outputs are shared through academic publications, conferences, and collaborative partnerships rather than commercial products.
Is Institute for Quantum Computing a public or private company?
Institute for Quantum Computing is a private company. It is classified as state government owned and is currently operating.
When was Institute for Quantum Computing founded?
Institute for Quantum Computing was founded in 2002. It employs 101 to 250 people.
Where is Institute for Quantum Computing based?
Institute for Quantum Computing is headquartered in Waterloo, Canada, in the North America region.
Who are Institute for Quantum Computing's main competitors?
Direct peers on record are Chicago Quantum Exchange (CQE), Perimeter Institute for Theoretical Physics, QuTech (Delft University of Technology), MIT Center for Quantum Engineering (CQE), Institute for Quantum Information and Matter (Arizona State / Caltech) and Caltech Institute for Quantum Information and Matter (IQIM). Broad incumbents are Google Quantum AI, National Institute of Standards and Technology (NIST) Quantum Information Program and IBM Quantum. RIKEN Center for Quantum Computing is listed as a regional player.
Does Institute for Quantum Computing have an API?
No public API is recorded for Institute for Quantum Computing.
What industry is Institute for Quantum Computing in?
Institute for Quantum Computing's product category is Quantum Computing Research. Its primary akta.pro industry code is HDAGAMAM, Quantum Education, Workforce Development & Academic Centers, with a secondary code of HDAGAMAN, Quantum Tech Commercialization, IP, Tech Transfer & Venture Research. Its NAICS code is 6113 and its SIC code is 8200.