Kvantify Announces Second Close of Funding Round Totaling €7 Million
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Insider Brief Kvantify secured a second close of its €7 million funding round with support from the European Innovation Council Fund and Delphinus Venture Capital to advance its quantum-classical computing platform for molecular discovery. The company is developing tools that combine quantum and classical computing to improve molecular simulation, a core challenge in drug discovery and materials design that becomes increasingly complex as molecules grow in size. Kvantify plans to use the investment to expand commercialization of its Qrunch platform, launched in November 2025, and deepen partnerships with drug discovery organizations to test quantum workflows on current quantum hardware. Image: MAD CAT productions, 2026. PRESS RELEASE — Kvantify is excited to announce the successful second close of its total €7M funding round. The long-term investors European Innovation Council Fund (EIC) and Danish-based Delphinus Venture Capital support the Company’s mission to transform molecular discovery by coupling quantum and classical computing. “We are thrilled to have the EIC Fund and Delphinus Venture Capital on board for this round extension. Their support empowers us to accelerate innovation and strengthens Europe’s position in quantum technology,” says Dr. Jörg Weiser, Executive Chairperson at Kvantify. Technology with Immense Potential Quantum computing has the potential to solve problems that are currently too complex for even the most powerful classical computers. As the technology matures, it will unlock breakthroughs in areas such as drug discovery and general molecular design. Many drug discovery challenges relate to molecular simulation and require solving quantum mechanical equations that scale exponentially with molecular size – this is at the heart of what the concept of quantum computing was originally invented to handle. As quantum hardware and algorithms mature, these capabilities may dramatically lower drug development attrition rates, lower R&D costs, and open the door to discovering entirely new classes of medicines. \“Supporting pioneering technologies is at the heart of our mission. Kvantify’s work at the intersection of quantum computing and life sciences represents a transformative opportunity for Europe to lead in next-generation innovation. We are glad to play a role in accelerating this vision,” says Svetoslava Georgieva, Chair of the EIC Fund Board. Investment Set to Expand on Market Presence and Business Development In November 2025, Kvantify launched Qrunch, a technology for running quantum chemistry on real quantum computers, strengthening the platform to accelerate drug discovery. The next step will be to make this breakthrough technology available to users in the relevant domains to ensure uptake where it matters the most. This is the place at which visionary technologies meet real-world customer needs. Qrunch allows end users to run realistic workflows with present quantum hardware. With this investment, Kvantify will be able to propel its roadmap as the leading company in coupling quantum and classical computing, as well as increasing collaborative partnerships with drug discovery organizations to make the biggest impact for customers. “We see Kvantify as a key player in unlocking the potential of quantum computing for real-world applications in drug discovery and molecular design. This investment reflects our confidence in their team, technology, and ability to deliver impact in a rapidly evolving market,” says Mathias Lorenz, Managing Partner at Delphinus Venture Capital.
Matt Swayne LinkedIn With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses. matt@thequantuminsider.com Share this article: