Agnostiq Closes $6.1M Seed Extension Round

TORONTO, April 5, 2023— Quantum company Agnostiq, Inc. of Toronto today announced it has secured $6.1 million in seed extension funding for development and commercialization of its enterprise-grade quantum and high-performance computing (HPC) platform. The additional financing is led by Differential Ventures, with follow-on participation from Scout Ventures,Tensility Venture Partners,Green Egg Ventures and Rob Granieri, […]

Agnostiq Announces Covalent Support for HPC on AWS

TORONTO, Nov. 9, 2022 — Agnostiq, Inc., a Toronto-based high-performance computing (HPC) startup, today announced a new release of its open-source workflow orchestration platform, Covalent, which now supports Amazon Web Services, Inc. (AWS) resources such as AWS Lambda, Amazon Elastic Container Service (Amazon ECS), Amazon Elastic Compute Cloud (Amazon EC2), AWS Batch, and more. Covalent is […]

Agnostiq Releases Quantum Hardware Benchmarks — ‘Heading in the Right Direction’

TORONTO, March 22, 2022 — Agnostiq, Inc., the quantum computing SaaS startup, today announced its latest benchmark research which analyzed the state of quantum computing hardware to determine its current and future practicality as a mainstream solution. The findings show that quantum computing hardware has improved over time and that application-specific benchmarks can serve as a more […]

Agnostiq Launches Orchestration Platform for Quantum and HPC

Toronto — January 26, 2022 — Agnostiq, Inc., a quantum computing SaaS startup, announced Covalent, an open-source workflow orchestration platform designed specifically for quantum computing and HPC technologies. Covalent aims to make quantum and high performance computing resources more accessible. “Covalent started out as an internal tool for our quantum algorithm research team.” says Agnostiq’s head […]

Agnostiq Partners With Mila to Bridge Quantum-Machine Learning

TORONTO, Jan. 18, 2022 — Agnostiq, Inc., a quantum computing SaaS startup, announced a partnership with Montreal-based Mila, a machine learning research institute, in an effort to bridge the gap between the quantum computing and machine learning communities. “Quantum computing will have a tremendous impact on many fields and machine learning is no exception,” adid Oktay […]