APPLIED QUANTUM COMPUTING LIMITED
Applied Quantum Computing (AQC) is a London-based quantum software firm developing quantum optimisation and quantum machine learning applications for healthcare and financial services clients. It monetises via bespoke consulting mandates and UK government grant-funded collaborative research, and holds IBM Quantum Network membership.
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount—
- GTM typeB2B
- OfferingServices
What APPLIED QUANTUM COMPUTING LIMITED does
Applied Quantum Computing Limited (AQC) is a London-based quantum computing software and consulting firm that develops quantum optimisation and quantum machine learning (QML) applications for complex business problems. The company operates two principal research focus areas: quantum optimisation, applied to factory workflow, aircraft scheduling, traffic-flow, portfolio optimisation, and option pricing using both quantum annealing and gate-based approaches; and quantum machine learning, used to enhance ML model performance across healthcare and finance use cases. AQC is a member of the IBM Quantum Network, providing access to IBM's quantum hardware and SDK ecosystem, and has developed proprietary techniques including alternative Ising Hamiltonian encoding methods for highly constrained combinatorial optimisation problems and research into passive quantum memories for long-lived quantum error correction.
The company's customer base is heavily concentrated in UK healthcare, with grant-funded research collaborations with NHS trusts including Hampshire Hospitals NHS Foundation Trust, Evelina London Children's Hospital (Guy's and St Thomas'), and academic partners UCL, Imperial College London, and Brunel University, alongside government stakeholders STFC Harwell, NQCC, Digital Catapult, and Innovate UK. The financial services sector is named as a target vertical with use cases in portfolio optimisation and option pricing, but no commercial financial-services customers are disclosed. Peer-reviewed research outputs include a December 2025 Journal of Optical Communications and Networking paper on quantum annealing for routing and wavelength assignment in optical networks and a November 2022 arXiv paper on NISQ-era ambulance positioning optimisation.
AQC generates revenue from two streams: bespoke quantum computing consulting and technical advisory services for organisations seeking quantum readiness, and collaborative R&D funded primarily through UK government grants (STFC/NQCC SparQ programme, Innovate UK). Pricing is not publicly disclosed and engagements are structured as custom consulting mandates and grant-funded co-development projects. The company completed an initial capital raise from a group of angel investors in December 2025, operates from a single London office (20-22 Wenlock Road, N1 7GU), and is led by a 7-person team supplemented by an internship programme.
APPLIED QUANTUM COMPUTING LIMITED firmographics
Firmographics- Name
- APPLIED QUANTUM COMPUTING LIMITED
- Legal name
- Applied Quantum Computing Ltd
- Website
- https://aqcquantum.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Short description
- Applied Quantum Computing (AQC) is a London-based quantum software firm developing quantum optimisation and quantum machine learning applications for healthcare and financial services clients. It monetises via bespoke consulting mandates and UK government grant-funded collaborative research, and holds IBM Quantum Network membership.
- Ownership category
- akta.pro rank
APPLIED QUANTUM COMPUTING LIMITED industry classification
Industry- Product category
- Quantum Computing Consulting
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Managed Quantum Services & Enterprise Support (HDAGAIAI)
- akta.pro secondary industry
- Managed Quantum Services & Operations (M-QOps) (HDAGALAL)
Keywords
Where APPLIED QUANTUM COMPUTING LIMITED is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
APPLIED QUANTUM COMPUTING LIMITED business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Quantum Computing Consulting and Technical Advisory Services: AQC supports organisations through consulting and technical advisory services, helping them understand and apply quantum computing methods to complex high-impact business problems. This includes quantum readiness assessments, strategy development, and implementation planning. Fees are likely structured as project-based or retainer engagements, though no specific pricing is publicly disclosed.
- Research and Development of Quantum Software Applications: AQC researches and develops quantum computing software applications of high commercial and societal importance in collaboration with end-user partners. Revenue may derive from grant funding (e.g., STFC/NQCC, Innovate UK) as well as co-development contracts with partner organisations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
APPLIED QUANTUM COMPUTING LIMITED product offering
Product offeringCore offering
Applied Quantum Computing (AQC) develops quantum optimisation and quantum machine learning (QML) software applications and delivers consulting and technical advisory services that help organisations apply quantum computing methods to complex business problems. Working in collaboration with end-user partners (NHS trusts, universities, financial institutions), the company formulates hybrid classical-quantum algorithms for real-world problems such as clinical decision support, ambulance positioning, factory workflow, aircraft scheduling, and portfolio optimisation. AQC is a member of the IBM Quantum Network, granting it access to quantum hardware and SDK ecosystems for algorithm development and benchmarking.
Product overview
Applied Quantum Computing is a quantum computing software applications company offering a portfolio of consulting and technical advisory services, use case exploration, and hybrid classical-quantum algorithm development. The company operates two primary research focus areas: Quantum Optimisation (for business problems such as workflow, scheduling, routing, and portfolio optimization) and Quantum Machine Learning (QML for enhancing ML model performance). Their services help organisations achieve quantum readiness through strategy planning, use case experimentation, and early-stage application development for healthcare and financial services clients.
Differentiator
Problem solved
Functional benefit
Products and services
- Quantum Computing Consulting Services
Quantifiable outcome
- Proof-of-concept demonstrations validated quantum computing techniques applicable to NHS operational healthcare optimisation problems
- +2 more outcomes
Companies that use APPLIED QUANTUM COMPUTING LIMITED
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
APPLIED QUANTUM COMPUTING LIMITED technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature6 records
APPLIED QUANTUM COMPUTING LIMITED partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and flagship.
- University College LondoncoreAQC collaborates with UCL on the STFC/NQCC SparQ programme project 'Quantum-Enhanced Clinical Decision Support for Intensive Care Medicine'. UCL brings clinical expertise and domain knowledge in intensive care medicine to the partnership.
- Evelina London Children's Hospital at Guy's and St Thomas' NHS Foundation TrustcoreAQC collaborates with Evelina London Children's Hospital (part of Guy's and St Thomas' NHS Foundation Trust) on the STFC/NQCC SparQ grant project to investigate prediction of adverse events for patients in intensive care using classical-quantum hybrid methods.
- Imperial College LondoncoreCollaborator on the STFC Cross Cluster Proof of Concept: SparQ Quantum Computing Call grant to investigate QML application in identifying cancer in liquid biopsies. Imperial College contributes academic research expertise in quantum computing and cancer detection.
- Brunel UniversitycoreCollaborator on the STFC/NQCC grant investigating QML for early cancer detection via liquid biopsies. Brunel University contributes research capabilities to the multi-institution project team.
- Digital CatapultcoreCollaborator on the STFC/NQCC QML cancer detection grant. Digital Catapult provides access to advanced technology capabilities and ecosystem connections relevant to the project's objectives.
- STFC HarwellcoreCollaborator on the STFC/NQCC QML cancer detection project, based at Harwell Science and Innovation Campus. STFC Harwell provides research infrastructure and facilities supporting the project's quantum computing work.
- National Quantum Computing Centre (NQCC)flagshipAQC has received three STFC/NQCC SparQ programme grants (as of February 2026), including Proof of Concept grants for operational healthcare and QML cancer detection, and a third grant for quantum-enhanced clinical decision support. NQCC is the UK's national quantum computing centre, providing both funding and technical collaboration.
- Quantum Business Incubation Centre (QuBIC)coreAQC was chosen as one of the first three companies to join QuBIC, a quantum business incubation programme based at Harwell Science and Innovation Campus in Oxfordshire. Supported by the Science and Technology Facilities Council (STFC) in partnership with the National Quantum Computing Centre, the programme assists AQC in scaling up and leveraging support available to participants.
- Hampshire Hospitals NHS Foundation TrustcoreCollaborator on an Innovate UK grant to research the feasibility of developing operational healthcare applications using quantum computing techniques. The trust provides real-world healthcare operational context and data for the research.
- The Public Service Consultants (the PSC)coreAQC's partner in operational healthcare research, including co-authoring the whitepaper 'How can quantum computing be applied to operational healthcare?' PSC brings public sector consulting expertise to the collaboration.
- IBM Quantum NetworkcoreAQC is a member of the IBM Quantum Network, providing access to IBM's quantum computing infrastructure, hardware, and software development kit (SDK) ecosystem. This membership is a foundational element of the company's technical capability, enabling the development and testing of quantum algorithms on real quantum hardware.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
APPLIED QUANTUM COMPUTING LIMITED competitors and assessment
Company assessmentBroad incumbents
- Rigetti Computing: Rigetti is a full-stack quantum hardware and quantum cloud services firm offering quantum processors and a quantum-software developer environment; its end-to-end platform competes more broadly than AQC in the quantum services market while touching AQC's hybrid algorithm and consulting space.
- IBM Quantum: IBM Quantum is a broad incumbent operating a full-stack quantum hardware, cloud, and services business; AQC is itself an IBM Quantum Network member, and IBM's professional-services arm represents an upstream/downstream incumbent with overlapping enterprise quantum advisory capabilities.
Direct peers
- 1QBit: 1QBit is a quantum and advanced computing software firm building applications for finance, materials, and life sciences; it is comparable to AQC through hybrid classical-quantum application development and a vertical-focused enterprise consulting offering.
- QC Ware: QC Ware is a quantum software and services company offering enterprise access to quantum hardware and algorithms for optimisation and machine learning; its managed-service enterprise support offering and use-case-led delivery closely mirror AQC's consulting-plus-application model.
- Phasecraft: Phasecraft is a UK-based quantum algorithms company focused on near-term hybrid classical-quantum applications in optimisation and materials; it shares AQC's NISQ-era approach, UK ecosystem footprint (including research collaborations), and enterprise-facing commercial model.
- Multiverse Computing: Multiverse Computing is a quantum software firm applying quantum and quantum-inspired algorithms to finance and industrial optimisation; it directly overlaps AQC's quantum optimisation value proposition in portfolio construction, option pricing, and financial services use cases.
- Quantinuum: Quantinuum is a direct peer in quantum computing software and applications, formed from the merger of Cambridge Quantum and Honeywell Quantum Solutions; it develops hybrid classical-quantum algorithms and enterprise software targeting the same optimisation and machine-learning use cases AQC addresses, with comparable UK presence and access to leading hardware.
Emerging players
- Strangeworks: Strangeworks is a quantum computing platform and services company offering multi-vendor access and enterprise support; its managed-services posture and cross-hardware quantum delivery model position it as a partial competitor to AQC's enterprise quantum support offering.
- Zapata AI: Zapata AI builds enterprise AI and quantum-AI applications combining generative AI and quantum techniques for industrial use cases; it overlaps AQC's quantum machine-learning direction while operating with a broader generative-AI platform mandate.
- Classiq: Classiq provides a quantum software development platform for designing and executing quantum algorithms at the application layer; it is an adjacent emerging player serving enterprises that need quantum software engineering capabilities comparable to AQC's hybrid algorithm development work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
APPLIED QUANTUM COMPUTING LIMITED social profiles
Digital presenceAPPLIED QUANTUM COMPUTING LIMITED financial estimates
Financial estimateRevenue estimate
Valuation estimate
APPLIED QUANTUM COMPUTING LIMITED leadership team
Management profileNumber of profiles
Profiles7 records
APPLIED QUANTUM COMPUTING LIMITED funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
APPLIED QUANTUM COMPUTING LIMITED 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 APPLIED QUANTUM COMPUTING LIMITED
What does APPLIED QUANTUM COMPUTING LIMITED do?
Applied Quantum Computing (AQC) develops quantum optimisation and quantum machine learning (QML) software applications and delivers consulting and technical advisory services that help organisations apply quantum computing methods to complex business problems. Working in collaboration with end-user partners (NHS trusts, universities, financial institutions), the company formulates hybrid classical-quantum algorithms for real-world problems such as clinical decision support, ambulance positioning, factory workflow, aircraft scheduling, and portfolio optimisation. AQC is a member of the IBM Quantum Network, granting it access to quantum hardware and SDK ecosystems for algorithm development and benchmarking.
Is APPLIED QUANTUM COMPUTING LIMITED a public or private company?
APPLIED QUANTUM COMPUTING LIMITED is a private company. It is classified as venture growth investor backed and is currently operating.
When was APPLIED QUANTUM COMPUTING LIMITED founded?
APPLIED QUANTUM COMPUTING LIMITED was founded in 2020.
Where is APPLIED QUANTUM COMPUTING LIMITED based?
APPLIED QUANTUM COMPUTING LIMITED is headquartered in London, United Kingdom, in the Europe region.
How does APPLIED QUANTUM COMPUTING LIMITED make money?
Two revenue lines are on record. Quantum Computing Consulting and Technical Advisory Services are the primary driver. The others are research and Development of Quantum Software Applications.
Who are APPLIED QUANTUM COMPUTING LIMITED's main competitors?
Broad incumbents on record are Rigetti Computing and IBM Quantum. Direct peers are 1QBit, QC Ware, Phasecraft, Multiverse Computing and Quantinuum. Emerging players are Strangeworks, Zapata AI and Classiq.
Does APPLIED QUANTUM COMPUTING LIMITED have an API?
No public API is recorded for APPLIED QUANTUM COMPUTING LIMITED.
What industry is APPLIED QUANTUM COMPUTING LIMITED in?
APPLIED QUANTUM COMPUTING LIMITED's product category is Quantum Computing Consulting. Its primary akta.pro industry code is HDAGAIAI, Managed Quantum Services & Enterprise Support, with a secondary code of HDAGALAL, Managed Quantum Services & Operations (M-QOps). Its NAICS code is 541511 and its SIC code is 7371.