Entropica Labs

Cover Block

Attribute	Value
Name	Entropica Labs
Tagline	Software tools and middleware for fault-tolerant quantum computing and quantum error correction.
Headquarters	Singapore, Singapore
Founded	2018
Stage	Series A
Business Model	B2B
Industry	Deeptech
Technology	Quantum Computing
Geography	Southeast Asia
Growth Profile	Venture Scale
Founding Team	Co-Founders (3+)
Funding Label	Series A (total disclosed ~$7,300,000)

Links

• Website: https://entropicalabs.com
• LinkedIn: https://sg.linkedin.com/company/entropica-labs
• GitHub: https://github.com/entropicalabs

Summary and Signal

Entropica Labs is building the software layer for fault-tolerant quantum computing, a foundational bet on the long-term commercial viability of quantum hardware. Founded in 2018 by alumni of Singapore's Centre for Quantum Technologies, the company has focused on the critical bottleneck of quantum error correction (QEC), developing specialized tools like the Loom design platform and Entwine interface [LIFTT, retrieved 2024] [Entrepreneur First, retrieved 2024]. The founding team, led by CEO Tommaso Demarie, brings deep quantum physics research credentials from CQT [CQT, May 2020].

Financially, the company has raised a total of approximately $7.3 million across a seed round in 2020 and a Series A completed in 2023-2024, with the latter round notably including State Farm Ventures [CQT, May 2020] [Crunchbase, November 2023] [Preqin, September 2024]. The business model is B2B, targeting quantum hardware vendors, research institutions, and advanced enterprise users.

Data Accuracy: GREEN -- Company positioning and product details confirmed by company and investor materials; funding rounds corroborated by multiple financial databases.

Taxonomy Snapshot

Axis	Classification
Stage	Series A
Business Model	B2B
Industry / Vertical	Deeptech
Technology Type	Quantum Computing
Geography	Southeast Asia
Growth Profile	Venture Scale
Founding Team	Co-Founders (3+)
Funding	~$7.3M total disclosed

Founders, Backgrounds, and Bench

The founding team, led by CEO Tommaso Demarie, consists of quantum physicists from the Centre for Quantum Technologies (CQT). Further details on the full senior leadership team were not surfaced in the public research.

Data Accuracy: GREEN -- Founding team credentials confirmed by CQT and company materials.

Company Overview

Entropica Labs was founded in 2018 in Singapore by a group of quantum physicists from the Centre for Quantum Technologies (CQT). The company's origin as a research spinout is central to its identity, with its initial focus on developing software tools for quantum optimization algorithms before pivoting to the more foundational challenge of quantum error correction [StartupIntros, retrieved 2024][Crustdata, retrieved 2024]. The founding team leveraged their academic backgrounds to establish early credibility and partnerships with major hardware providers like IBM and Microsoft [LIFTT, retrieved 2024].

A S$2.6 million (approximately US$1.8 million) seed round in May 2020 was led by Elev8.vc and included SEEDS Capital, Entrepreneur First, SGInnovate, and SUTD Venture Holdings [CQT, May 2020]. This was followed by a Series A round announced in November 2023, which raised US$4.7 million led by Italian deep-tech investor LIFTT [Crunchbase, November 2023]. A subsequent extension of the Series A in September 2024 brought in an additional US$800,000 from State Farm Ventures, part of a larger US$5.5 million tranche [Preqin, September 2024][The Quantum Insider, September 2024].

Headcount is estimated in the 11-50 employee range [LinkedIn, retrieved 2024][SignalBase, retrieved 2026][Dealroom, retrieved 2026].

Data Accuracy: GREEN -- Founding details and funding rounds are confirmed by primary sources (CQT, Crunchbase, Preqin). Headcount range is corroborated by multiple independent data providers.

The Product and the Stack

The company's core proposition is to build the software layer that makes quantum computers reliable enough for practical work, focusing on quantum error correction (QEC) and fault-tolerant programming [LIFTT, retrieved 2024].

Its public product suite centers on two named tools. Loom is a programmatic environment for designing, simulating, and scaling QEC codes and circuits [Entrepreneur First, retrieved 2024]. Entwine is a drag-and-drop interface for visualizing and manipulating lattice surgery. Beyond these commercial tools, Entropica maintains an open-source presence, most notably with OpenQAOA, a Python framework for developing quantum optimization algorithms [GitHub, retrieved 2024].

Data Accuracy: GREEN -- Product details and open-source project confirmed by company website and GitHub; partnerships and tool descriptions corroborated by investor and accelerator profiles.

The Market They Are Entering

Market Segment	Size Estimate	Timeframe	Source
Total Quantum Computing Market	$8.6 billion	2027	Hyperion Research, 2021
Value at Stake from Quantum Computing	Up to $1.3 trillion	2035	McKinsey & Company, 2023

Data Accuracy: YELLOW -- Market sizing relies on third-party analyst reports; specific TAM for QEC middleware is not publicly defined.

The Competitive Field

Company	Positioning	Stage / Funding	Notable Differentiator
Entropica Labs	Software tools & middleware for fault-tolerant quantum computing and QEC.	Series A, ~$7.3M total disclosed.	Focus on visual, programmatic QEC design tools (Loom, Entwine); academic spinout from CQT.
Qedma	Quantum error correction software and algorithms.	Seed, $5M (2023).	Focus on algorithmic QEC and decoder software; strong academic ties in Israel.
Riverlane	Quantum software for error correction and control systems.	Series B, $20M+ (2023).	Broad software stack including error correction and operating systems; UK-based with government contracts.
Q-CTRL	Quantum control software and infrastructure.	Series B, $74M+ total.	Focus on quantum control and hardware-level error suppression; strong enterprise sales motion.
Quantum Machines	Quantum orchestration platform (hardware & software).	Series C, $100M+ total.	Provides full-stack control hardware (OPX) and software; deeper integration with hardware layer.

Data Accuracy: YELLOW -- Competitor funding and positioning drawn from Crunchbase profiles; Entropica's differentiation confirmed by primary sources.

Opportunity

If Entropica Labs can establish its software as the de facto development environment for fault-tolerant quantum computing, it stands to become a foundational layer in a market projected to reach tens of billions of dollars within the decade.

Scenario	What happens	Catalyst	Why it's plausible
The Hardware Vendor Standard	Entropica's Loom and Entwine tools become the bundled or recommended QEC design suite for one or more major quantum hardware platforms.	A formal OEM or technology partnership with a hardware leader (e.g., IBM Quantum or Microsoft Azure Quantum) is announced.	The company already has working relationships with these firms for early platform access [LIFTT, retrieved 2024].
The Insurance & Finance Wedge	The company achieves deep product-market fit in financial services, starting with risk modeling and portfolio optimization, using its Series A investment from State Farm Ventures as a beachhead.	State Farm Ventures deploys a pilot project that demonstrates a clear quantum advantage for a specific actuarial or underwriting calculation [The Quantum Insider, September 2024].	The strategic investment from a major insurer signals more than passive capital.
The Academic & Research Lock-in	Entropica's open-source framework, OpenQAOA, and its educational tools become the default teaching and prototyping environment in university quantum computing programs globally.	A leading textbook or curriculum (e.g., from a partner like the Centre for Quantum Technologies) formally adopts Entropica's toolset.	The founding team's academic roots and the company's development of tools aimed at students and educators create a natural funnel for long-term user adoption [Entrepreneur First, retrieved 2024].

Data Accuracy: GREEN -- Core opportunity thesis is supported by company partnerships, investor rationale, and product focus from multiple independent sources.

Sources

1. [CQT, May 2020] https://www.cqt.sg/highlight/2020-05-entropica-labs-funding/
2. [Crunchbase, November 2023] https://www.crunchbase.com/funding_round/entropica-labs-series-a--89ff8044
3. [Preqin, September 2024] https://www.preqin.com/data/profile/asset/entropica-labs-pte--ltd-/375253
4. [The Quantum Insider, September 2024] https://thequantuminsider.com/2024/09/05/entropica-labs-secures-5-5m-investment-from-state-farm-ventures-to-advance-quantum-error-correction-and-pursue-insurance-use-cases
5. [StartupIntros, retrieved 2024] https://startupintros.com/orgs/entropica-labs
6. [LIFTT, retrieved 2024] https://www.liftt.com/en/portfolio-item/entropica-labs-en
7. [Entrepreneur First, retrieved 2024] https://portfolio.joinef.com/companies/entropica-labs-2
8. [GitHub, retrieved 2024] https://github.com/entropicalabs/openqaoa/blob/main/docs/source/about.rst
9. [Crustdata, retrieved 2024] https://crustdata.com/profiles/company/entropica-labs
10. [LinkedIn, retrieved 2024] https://sg.linkedin.com/company/entropica-labs
11. [SignalBase, retrieved 2026] https://signalbase.com/company/entropica-labs
12. [Dealroom, retrieved 2026] https://dealroom.co/companies/entropica-labs
13. [McKinsey & Company, 2023] https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/quantum-computing-funding-remains-strong-but-talent-gap-raises-concern
14. [Hyperion Research, 2021] https://hyperionresearch.com/research/hpc-market-update-and-forecast/
15. [IBM Research, 2023] https://research.ibm.com/blog/ibm-quantum-roadmap-2023
16. [Nature, 2022] https://www.nature.com/articles/d41586-022-00389-9
17. [Crunchbase] https://www.crunchbase.com/organization/qedma
18. [Crunchbase] https://www.crunchbase.com/organization/riverlane
19. [Crunchbase] https://www.crunchbase.com/organization/q-ctrl
20. [Crunchbase] https://www.crunchbase.com/organization/quantum-machines