Fujitsu Limited and SC Ventures announced Friday the roadmap for Qubitra Technologies, a new joint venture to accelerate quantum capability and value by integrating quantum resources and talent on a digital platform.

The duo said in a statement that Previously incubated as Project Quanta in September 2025, the new venture will launch under the name Qubitra.

The company, which will operate in the United Kingdom, has been established to deliver high-performance applications, spark collaboration, and accelerate innovation in quantum computing and other frontier technologies.

Moving forward, Qubitra will continue to expand its global partnerships and ecosystem throughout 2026 and beyond, driving innovation at the intersection of quantum computing, AI, and financial services.

SC Ventures by Standard Chartered is a platform for organizations driving innovation and transformation.

“Our mission at Qubitra is to turn quantum innovation into business impact by combining high-performance applications with a collaborative ecosystem that advances the industry,” said Vishal Shete, Chief Executive Officer, Qubitra Technologies.

Alex Manson, Chief Executive Officer, SC Ventures, commented that they use modern and at times frontier technologies to re-invent financial services: Qubitra, with access to Fujitsu’s quantum software and hardware, that will leverage quantum technology across a number of use cases to rewire the DNA in banking and beyond.

Vivek Mahajan, Corporate Executive Officer, Corporate Vice President, Chief Technology Officer, who in charge of System Platform, Fujitsu Limited, commented that Qubitra’s applications for financial institutions, in the areas of fraud detection, derivatives pricing and in financial markets trading, will utilize novel machine learning and optimization techniques which harness the latest quantum and quantum inspired computing devices.

“Qubitra is already working with financial institutions including Standard Chartered Bank, to deploy advanced solutions in these areas,

“These approaches are designed to deliver measurable improvements over conventional methods used today, paving the way for broader adoption of quantum technologies in financial services and beyond,” he added.

According to the statement, Qubitra’s strategy focuses on two core pillars: high-performance, quantum-enabled applications; a marketplace platform for the global quantum ecosystem.

Qubitra is developing proprietary solutions in areas such as fraud detection and financial markets trading.

These applications leverage quantum and quantum-inspired algorithms along with various breakthrough machine learning methods to achieve step-change performance today, while remaining future-ready for quantum hardware as it matures.

Initial implementations with financial institutions, hedge funds and family offices are already underway, with the first go-live expected in early 2026.

Qubitra is also building an ecosystem platform that connects quantum software providers, quantum hardware providers, and end users across the quantum community.

The marketplace platform will integrate multiple software and hardware technologies and enable users to experiment, test, and deploy solutions across the full quantum stack, as was outlined in the Project Quanta announcement in September 2025.

The platform will feature Qubitra’s proprietary applications as well as third-party offerings.

It will incentivize innovation through a usage-based compensation model and support open-source collaboration.

Qubitra is in active discussions with several leading quantum software and hardware providers about joining the platform.

In addition to components sourced from across the ecosystem, the platform will include access to Fujitsu’s quantum hardware, Fujitsu’s Digital Annealer and Fujitsu’s proprietary quantum applications.

The MVP will launch with a pilot group of users in 2026, with a full launch to follow.

The leadership team brings together deep expertise across quantitative finance, frontier technologies (including advanced quantum, hybrid, and quantum-inspired algorithms), and fintech venture-building.

Key members of the founding team including Vishal Shete, Chief Executive Officer (CEO) – formerly Managing Director at Terra Quantum, with senior roles across financial services and management consulting and extensive experience in frontier technologies and financial markets.

It also includes Daniel Wynne, Chief Operating Officer (COO) – previously founding COO at Carbonplace, bringing over two decades of experience in banking, capital markets, and scaling high-impact financial innovation.

It also includes Kugendran Naidoo, Chief Scientific Officer (CSO) – joins from J.P. Morgan with over 20 years’ experience in frontier technologies, including quantum algorithms and machine learning, and eight years at IBM leading advanced research initiatives.

The leadership team is based in the United Kingdom, and the company is headquartered in London.

SC Ventures and Fujitsu join forces to incubate Project Quanta