Agnostiq Closes $6.1M Seed Extension Funding

Agnostiq, a Toronto, Canada-based distributed computing startup, raised $6.1M in Seed Extension funding.

The round was led by Differential Ventures, with participation from Scout Ventures, Tensility Venture Partners, Green Egg Ventures and Rob Granieri.

The company intends to use the funds to accelerate further development and commercialization of its enterprise-grade quantum and computing (HPC) platform.

Led by CEO Oktay Goktas, Agnostiq develops software tools that make quantum and high performance computing resources accessible to enterprises and developers. Along with its algorithmic research, the company is developing Covalent, an open-source workflow orchestration platform designed to help users manage and execute tasks on heterogeneous compute resources.

FinSMEs

07/04/2023