Good Chemistry uses quantum chemistry, machine learning and quantum computing to accelerate new materials design.
Good Chemistry started off in 2018 as the incubated computational chemistry simulation division of 1QBit — the pioneering company in leveraging advanced computing for solving intractable computational problems — before branching out as its own company in 2021.
The Good Chemistry Company platform, QEMIST Cloud, combines cloud, AI, and quantum computing in an integrated platform designed for developers. The platform’s engine enables faster, more accurate, and scalable ways to perform computational chemistry simulations.
According to the Accenture Technology Vision 2022, 69% of global executives say quantum computing will have a breakthrough or transformational positive impact on their organizations in the future.
“We’re doubling down on the growth potential of quantum computing and uncovering new ways to navigate its potential while empowering our clients to confidently absorb and access this breakthrough technology,” said Tom Lounibos, managing director, Accenture Ventures.
“Simulating chemistry in this new way leverages easily and readily accessible computers on the cloud to perform simulations that were previously intractable even on expensive, high-performance computing environments. This brings a competitive advantage to clients and can change pharmaceutical drug discovery and more.”
Good Chemistry Company is the latest organization to join Accenture Ventures’ Project Spotlight, an engagement and investment program that connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps.
Project Spotlight offers extensive access to Accenture’s domain expertise and its enterprise clients, helping startups harness human creativity and deliver on the promise of their technology.
Arman Zaribafiyan, CEO of Good Chemistry Company said, “With our platform, we are re-imagining the way computational chemistry simulations are done. Simulating chemistry on computers will help drive faster, more accurate and more accessible materials innovation in the decades to come. With Accenture’s support and collaboration, we will be able to explore the vastness of chemical space and enable rational materials design at scale.”