StreamNovation
- Company typePrivate
- Founded2009
- HeadquartersBudapest, Hungary
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What StreamNovation does
StreamNovation Kft. is a privately held Hungarian software development company founded in 2009 as a spin-off of Pázmány Péter Catholic University's Faculty of Information Technology and Bionics (PPKE ITK). The company develops GPU-optimized scientific computing software for quantum chemistry, quantum mechanical, and quantum informatics calculations, with its flagship BrianQC module recognized internationally by both academic and industrial users and protected by granted US patent US10,102,043.
The technology platform centers on BrianQC, a GPU-accelerated software module, and a proprietary tensor-contraction engine with compiler technology for automatic GPU optimization. Building on this foundation, StreamNovation has developed or is developing an AI-augmented quantum chemistry simulation software for drug research and molecular design that combines NMR-spectrum-driven structure estimation with quantum-chemistry NMR computation; a nanopore-based small-molecule detection software package combining quantum chemistry, modern AI, and materials science for clinical diagnostics and personalized medicine; GPU-optimized ReaxFF computational chemistry modules for nano-layer material design developed jointly with Furukawa Electric Technológiai Intézet Kft.; and a pedestrian-detection software module deployed in vehicles. Research results have been published in leading international journals including JCTC and J. Comput. Chem.
The business model is predominantly grant-funded R&D: StreamNovation secures non-dilutive funding through Hungarian national (NKFIH) and EU (H2020 SME Phase 2 via EISMEA, EUREKA, VEKOP) programs, with cumulative grant support in the seven-figure USD range. On the commercial side, the company issues recurring joint software releases with US-based QChem Inc., integrating BrianQC as an accelerator within the Q-Chem quantum chemistry platform, implying licensing/royalty or technology-integration revenue. Pricing is quote-based and not publicly disclosed; the go-to-market is project-based, addressing enterprise/research customers in pharmaceutical and materials science verticals through collaborations with academic institutions and industrial partners. Managing Director Illés József leads the company alongside co-founder Balázs Gergely Soós, with headquarters at Práter utca 50/A, Budapest.
StreamNovation firmographics
Firmographics- Name
- StreamNovation
- Legal name
- StreamNovation Kft.
- Website
- https://streamnovation.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
StreamNovation industry classification
Industry- Product category
- Computational Chemistry Software
- NAICS
- Scientific Research and Development Services (5417), Computer Systems Design and Related Services (5415), Software Publishers (5132)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro industry
- Quantum Compilation Toolkits (Frontend SDK Layer)Quantum Algorithm Prototyping & Application Templates
Keywords
Where StreamNovation is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices1 record
Markets served
StreamNovation business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure
Revenue model
- Non-dilutive R&D grant funding: Revenue derived primarily from competitive Hungarian (NKFIH, VEKOP) and EU (H2020 SME Phase 2, EUREKA) research grants covering R&D project costs. Examples: H2020 SME Phase 2 support; EUREKA project 2020-1.2.3-EUREKA-2022-00023 (total 198,613,800 HUF, StreamNovation portion 96,411,600 HUF); GYORSÍTÓSÁV project (89,536,200 HUF support out of 110,736,600 HUF total); VEKOP-2.1.7-15 (49,959,219 HUF); VEKOP-2.1.1-15 (100,379,461 HUF with Furukawa Electric).
- Joint commercial software integration (QChem Inc.): Recurring joint software releases with QChem Inc. (USA) suggest licensing/royalty or technology integration revenue from industry partners utilizing StreamNovation's GPU optimization in commercial quantum chemistry packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Quote-based licensing of BrianQC and related software modules via partner integrations and R&D collaborations |
StreamNovation product offering
Product offeringCore offering
StreamNovation develops and licenses GPU-optimized scientific computing software centered on BrianQC, a quantum chemistry simulation module leveraging a proprietary tensor-contraction compiler engine for automatic GPU optimization. The portfolio also includes AI-augmented quantum chemistry software for drug research, nanopore-based small molecule detection, GPU-accelerated ReaxFF computational chemistry modules, and an in-vehicle pedestrian detection software. Distribution occurs primarily through joint software releases with QChem Inc. and grant-funded R&D collaborations.
Product overview
StreamNovation Kft. operates as a single technology platform centered on GPU-optimized scientific computing software, built around its flagship BrianQC module and complemented by several R&D-stage sub-products/modules. The BrianQC module (with patent US10,102,043) anchors the platform, with regular joint releases co-developed with QChem Inc. Building on this core, the company has developed or is developing: an AI-based quantum chemistry simulation software for drug research (2020-1.1.5-GYORSÍTÓSÁV project), a nanopore-based small-molecule detection software package (2020-1.2.3-EUREKA project), GPU-optimized ReaxFF computational chemistry modules for nano-layer material design (VEKOP-2.1.1 project with Furukawa Electric), an innovative tensor-engine for compiler-supported GPU optimization of quantum methods (VEKOP-2.1.7 project), and a pedestrian-detection software module deployed in vehicles. Together these offerings form a portfolio of GPU-accelerated computational chemistry, AI-assisted molecular modeling, sensor-signal analysis, and embedded computer-vision modules.
Differentiator
Problem solved
Functional benefit
Brands
- BrianQC: A GPU-optimized software module developed by StreamNovation for quantum chemical / quantum mechanical simulations, jointly released with US-based QChem Inc. and protected by international patent US10,102,043. Hosted at brianqc.com.
Companies that use StreamNovation
Customer profileIdeal customer profiles1 record
StreamNovation technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability7 records
Feature6 records
StreamNovation partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
StreamNovation competitors and assessment
Company assessmentDirect peers
- QChem Inc. US-based commercial quantum chemistry software platform with which StreamNovation co-develops and co-releases BrianQC as an accelerator. Most direct comparable given shared product integration, customer base, and joint software roadmap.
- TeraChem (PetaChem): GPU-accelerated quantum chemistry and ab initio molecular dynamics software. Direct technical competitor in GPU-optimized quantum chemistry, focused on similar computational chemistry workloads.
Broad incumbents
- Schrödinger Inc. Leading commercial computational chemistry and materials science platform serving pharma and industrial R&D. Overlaps with StreamNovation's quantum chemistry and drug discovery software but at much larger scale and broader portfolio.
- Gaussian Inc. Industry-standard quantum chemistry software package widely used in academic and industrial research. Comparable in target customers (computational chemists) but focused on CPU-based methods rather than GPU optimization.
- NVIDIA (cuQuantum): Provides cuQuantum and GPU-accelerated scientific computing infrastructure that underpins much of the quantum chemistry and computational chemistry ecosystem. Indirect peer/complementor whose platform strategy affects StreamNovation's GPU-compiler differentiation.
- Dotmatics: Scientific R&D software platform for life sciences and materials science, including computational chemistry and molecular modeling workflows. Broadly comparable end-customer base in pharma and academic R&D.
Emerging players
- QSimulate: Quantum chemistry simulation software company focused on delivering fast, accurate methods including GPU acceleration. Directly comparable in targeting GPU-optimized quantum chemistry for industrial and academic users.
- Xanadu: Quantum computing software company (PennyLane) with quantum chemistry application stacks. Tangential peer given shared quantum software/chemistry intersection, though focused on actual quantum hardware rather than GPU acceleration.
- Oxford Nanopore Technologies: Developer of nanopore-based nucleic acid sequencing and emerging small-molecule sensing platforms. Comparable to StreamNovation's nanopore small-molecule detection project (EUREKA) as the dominant commercial player in the same sensor modality.
- Psi4 (open source): Open-source quantum chemistry software package widely used in academic research. Comparable in target users and quantum chemistry focus, with overlapping developer community served by StreamNovation's BrianQC acceleration layer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
StreamNovation social profiles
Digital presenceStreamNovation financial estimates
Financial estimateRevenue estimate
Valuation estimate
StreamNovation leadership team
Management profileNumber of profiles
StreamNovation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
StreamNovation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about StreamNovation
What does StreamNovation do?
StreamNovation develops and licenses GPU-optimized scientific computing software centered on BrianQC, a quantum chemistry simulation module leveraging a proprietary tensor-contraction compiler engine for automatic GPU optimization. The portfolio also includes AI-augmented quantum chemistry software for drug research, nanopore-based small molecule detection, GPU-accelerated ReaxFF computational chemistry modules, and an in-vehicle pedestrian detection software. Distribution occurs primarily through joint software releases with QChem Inc. and grant-funded R&D collaborations.
Is StreamNovation a public or private company?
StreamNovation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was StreamNovation founded?
StreamNovation was founded in 2009. It employs 1 to 10 people.
Where is StreamNovation based?
StreamNovation is headquartered in Budapest, Hungary, in the Europe region.
How does StreamNovation make money?
Two revenue lines are on record. Non-dilutive R&D grant funding is the primary driver. The others are joint commercial software integration (QChem Inc.).
Who are StreamNovation's main competitors?
Direct peers on record are QChem Inc. and TeraChem (PetaChem). Broad incumbents are Schrödinger Inc., Gaussian Inc., NVIDIA (cuQuantum) and Dotmatics. Emerging players are QSimulate, Xanadu, Oxford Nanopore Technologies and Psi4 (open source).
Does StreamNovation have an API?
No public API is recorded for StreamNovation.
What industry is StreamNovation in?
StreamNovation's product category is Computational Chemistry Software. Its primary akta.pro industry code is HDAGACAF, Quantum Compilation Toolkits (Frontend SDK Layer), with a secondary code of HDAGACAG, Quantum Algorithm Prototyping & Application Templates. Its NAICS code is 5417 and its SIC code is 7373.