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Startup Launch Opportunity! Establishing Quantum Software Ventures in Five Key Fields: Quantum Chemistry, Manufacturing Optimization, Drug Discovery, Finance, and More

Yuichiro Minato

2024/11/13 11:47

#Featured

Startup Launch Opportunity! Establishing Quantum Software Ventures in Five Key Fields: Quantum Chemistry, Manufacturing Optimization, Drug Discovery, Finance, and More

[New Startup] QuantumFabric — Accelerating DX in Manufacturing with Quantum Computing, Mathematical Optimization, and Machine Learning

[New Startup] Quantum Molecular Labs — Revolutionizing Materials Development with Quantum Technology and Generative AI

[New Startup] Quantum Biotech Labs — Exploring Quantum Computing and Generative AI Applications in Healthcare

[New Startup] Quantum Financial Innovations — Next-Generation Financial Innovation Driven by Quantum Computing

One more company announcement is coming soon.

Current Status and Direction at Blueqat:

Blueqat is now ranked 49th in Japan by market capitalization. While a high valuation is a strength, growing the company to such a scale demands significant resolve and patience.

We have discontinued our quantum software contracting business. The optimal valuation for contracted quantum software likely ranges between 500 million and 2 billion yen, but we have surpassed this range and need a shift in strategy to bring returns to our shareholders.

Therefore, we are launching multiple quantum software ventures, providing each with tools, expertise, and funding to facilitate efficient management, meet demand, and pursue exit strategies. If anyone wishes to aim for a public listing or run their company independently in the long term, we can discuss that at the appropriate time.

In addition, with our 10 years of experience, we understand the caution needed in the quantum industry. We intend to ensure stability from the start and support our ventures in gaining capital returns and growth.

The quantum industry is undergoing rapid change, and newly established ventures today have substantial financial and talent advantages over traditional companies like ours.

Key Goals and Characteristics:

  1. Each venture will be a quantum software company leveraging classical optimization and machine learning to achieve breakthroughs in the current quantum landscape.
  2. Address specific challenges in each field for large companies, utilizing existing tools and developing solutions and new technologies.
  3. Young, dynamic teams aiming for early buyouts; for those interested in going public, we can discuss it as an alternative path.
  4. Shared back-office functions across five companies to reduce costs. Flexible operations with shared offices and primarily remote work.
  5. All technical and operational training provided by Blueqat, fostering business-minded talent while allowing focus on technology.
  6. If anyone wishes to exit mid-project, we can arrange transitions with clients to ensure career continuity without undue risk.
  7. Primarily focused on the Japanese market, assisting large domestic corporations.
  8. Prioritize capital gains while balancing salary and company valuation.
  9. Work with university advisors to ensure accurate technical direction.
  10. Develop specialized expertise in each field, combining quantum technology with in-depth domain knowledge.

Capital Planning:

  1. Angel round: Approximately 1-3 million yen.
  2. Seed round: Approximately 30 million yen.
  3. Series A: Approximately 100-500 million yen.
  4. Series B: Approximately 1-2 billion yen.

Dilution is expected to range between 10-20% in later rounds, with efficient management through collaboration with VCs.

Ideal Candidate Profile:

  • University or graduate students (please aim to graduate).
  • Graduation is encouraged for future career development, as early withdrawal may present challenges in Japan.
  • Business-minded individuals.
  • Those enthusiastic about startups.
  • Strong presentation skills.

Selection Process:

  • Selections will be made in consultation with university professors.
  • Focus on motivation and demonstrated achievements.

Technical Areas of Focus:

  • Quantum optimization algorithms.
  • Quantum machine learning.
  • Quantum gate-based algorithms.
  • Quantum annealing technologies.
  • Classical machine learning and mathematical optimization.
  • Generative AI (crucial!).

We’ll avoid the traditional time-consuming approach to learning technical skills; instead, we’ll incorporate past knowledge into generative AI systems and combine it with a Python-based data processing foundation. This will allow us to reduce labor and R&D costs and generate results efficiently.

Work Format:

  • Primarily remote work.
  • Occasional in-person collaboration using stylish shared offices like WeWork (affordable plans with conference room access or join Blueqat events).
  • Mainly online meetings and contract work.
  • Active promotion through social media and YouTube.

Expected Salary Range:

  • Initially 4-6 million yen per year plus capital gains.
  • Compensation set moderately to support company sustainability and market valuation growth.
  • Remote-friendly environment.

Timeline and Milestones:

  • A structured approach with a 3-5 year timeline.
  • Start by the end of 2024, with evaluations in 2027 and 2029.
  • 2027 is a tentative evaluation; final evaluation will be in 2029.

Advice:

  • The success of ventures often depends on external conditions beyond individual or team efforts.
  • Setting goals and targets is essential. The goal here is a buyout, though going public may also be an option depending on the market.
  • Designed to allow young individuals to complete their journey by age 35, recruiting those with a spirit of challenge, particularly ages 26-30.

Contact us at info@blueqat.com. We will soon launch a recruitment website. Even without external candidates, we will move forward with these plans with Blueqat employees.

Thank you.

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