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§ Private Profile · 2081 Center St, Ste 7, Berkeley, CA 94704, United States
Quantum computing company developing full-stack superconducting application-specific quantum computers for drug development, energy, and finance.
Berkeley, California-based Bleximo develops full-stack, superconducting application-specific quantum computers and hardware accelerators designed to solve complex industry problems. Rather than building general-purpose systems, the organization focuses on co-designing specialized hardware, processors, control systems, and algorithms to run targeted simulations for commercial sectors such as pharmaceutical drug development, aerospace, and advanced materials. The enterprise has raised $1.5 million in initial seed funding from a syndicate of early-stage venture capital investors that includes Eniac Ventures and Boost VC. To advance its chip design, fabrication, and system integration capabilities, Bleximo maintains strategic research partnerships with prominent institutions like UC Berkeley, Lawrence Berkeley National Laboratory, and NY CREATES. The company is currently expanding its physical prototyping operations to the Albany NanoTech Complex in Upstate New York. Bleximo was officially founded in 2017 by chief executive officer Alexei Marchenkov.
Bleximo has raised $9.0M across 1 funding round.
Bleximo has raised $9.0M in total across 1 funding round.
Bleximo is a quantum computing startup founded in 2017 and headquartered in Berkeley, California, specializing in full-stack, superconducting application-specific quantum systems.[1][2][3][4] The company builds special-purpose quantum computation systems using superconducting qubits and quantum application-specific integrated circuits (qASICs) that co-design processors, software, and control stacks to solve industry's hardest practical problems, aiding conventional computers in areas like global logistics, aerospace, pharmaceuticals, advanced materials, and energy.[1][2][3][4] It serves organizations with established quantum programs, such as R&D partners including University of California Berkeley, Lawrence Berkeley National Laboratory, NY CREATES, and Q-CTRL, targeting high-impact computational challenges through lower complexity, higher reliability, and reduced costs.[2][3][4]
Bleximo's growth includes a $1.5 million seed round led by Eniac Ventures in 2018, participation in the Cyclotron Road program for entrepreneurial scientists, and expansions like a new R&D partnership at Albany Nanotech Complex to scale patent-pending modular superconducting processors with integrated cryogenic silicon photonics.[3][4]
Bleximo was founded in 2017 by Dr. Alexei Marchenkov, a quantum expert and Cyclotron Road fellow, as an affiliate of the Cyclotron Road program supporting scientists and engineers in commercializing innovations.[1][3][4] Marchenkov, now CEO, leveraged his expertise in superconducting quantum hardware to address practical computational bottlenecks, emerging from collaborations with national labs and universities.[2][4] Early traction came via a $1.5 million seed funding round in 2018 led by Eniac Ventures, with participation from Boost VC, Creative Ventures, KEC Ventures, and Gyan Kapur, enabling development of full-stack systems.[3] Pivotal moments include partnerships like Q-CTRL for quantum control solutions and NY CREATES in Albany for scaling R&D and commercialization of modular processors.[3][4]
Bleximo stands out in quantum computing through its application-specific, full-stack approach:
Bleximo rides the quantum computing trend toward quantum advantage, where specialized hardware outperforms classical systems on practical problems, amid growing demand in pharmaceuticals, energy, and logistics.[2] Its timing aligns with maturing superconducting tech and national pushes for quantum infrastructure, like U.S. lab partnerships, enabling faster commercialization over rivals chasing universal machines (e.g., PsiQuantum's photonics or QC Ware's software).[1][2][4] Market forces favoring it include error reduction needs—via cat-like qubits and co-design—and cost barriers that Bleximo tackles by eliminating unnecessary hardware, influencing the ecosystem through open R&D collaborations that standardize application-specific quantum tools.[1][2][4]
Bleximo is poised to deliver deployable quantum systems via Albany expansions and photonic integrations, targeting 1,000+ qubit processors for enterprise pilots in 2026+.[4] Trends like hybrid quantum-classical workflows and error-corrected scaling will propel it, potentially evolving its influence from R&D partner to key supplier in fault-tolerant quantum ecosystems. As quantum shifts from hype to utility, Bleximo's practical, cost-efficient edge positions it to power innovation where others falter, fulfilling its founding mission of transformative computing.[2][4]
Bleximo has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Seed in September 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2018 | $9M Seed | Eniac Ventures | 10100, AAF Management Ltd., Addition, BoxGroup, Founder Collective, M.g. Siegler, Javelin Venture Partners, Lightspeed Venture Partners, Mayfield, ONE WAY Ventures, SOSV, Staircase Ventures, Surface Ventures, Trinity Ventures, Y Combinator, ADE Olonoh, Greg Kidd, Louis Beryl, MG Siegler, Gyan Kapur, Boost VC, Creative Ventures, KEC Ventures | Announced |
Bleximo has raised $9.0M in total across 1 funding round.
Bleximo's investors include ENIAC Ventures, 10100, AAF Management Ltd., Addition, BoxGroup, Founder Collective, M.G. Siegler, Javelin Venture Partners, Lightspeed Venture Partners, Mayfield, One Way Ventures, SOSV.