/Companies

G2Q Computing

Techstars '24

Milan, IT · Founded 2023 · 11 employees on LinkedIn · 1 known investors

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G2Q Computing develops hybrid quantum-classical software that runs on High-Performance Computing systems and quantum computers to accelerate optimization and machine learning tasks. Its solutions target industries such as financial services, Earth observation/satellite data, and multiphysics engineering simulation.

Also known as G2Q · G2Q Computing S.r.l.

Investors · 1

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Funding

SEC filings, press & company announcements
  • Undisclosed amountPre-seed RoundOct 2024
    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

G2Q Computing is a Milan-based scientific computing company founded in 2023 that develops hybrid quantum-classical applications. Its software combines quantum mechanics, high-performance computing and advanced optimization and artificial intelligence algorithms so that organizations can work with complex, large-scale or hard-to-interpret datasets beyond the limits of classical approaches. The product is described as modular: quantum algorithm modules designed for existing quantum computing hardware can be combined with classical computation modules, allowing clients to choose the mix suited to a given problem.

Current solution areas include financial risk analysis, cybercrime and fraud prevention, satellite image optimization and satellite data analysis, quantum-enhanced algorithms for clustering and the analysis of complex geometric structures, and quantitative models for multiphysics simulations that integrate mechanics, thermodynamics, fluid dynamics and electromagnetism. The company positions itself as a bridge between laboratory research and industrial application, stating that quantum technology is a tool rather than an end in itself.

Founding story

G2Q Computing was founded in 2023 by Ekaterina Polyakova and Leonardo Chhabra, combining expertise in financial modeling, quantum physics, machine learning and engineering. Polyakova, Founder and CEO, studied at Bocconi University in Milan and holds a Master's degree in Quantitative Finance and Risk Management, with over 11 years of experience in quantitative finance and software development at major banking groups; she leads technological strategy and the application of advanced models with financial institutions and industrial partners. Chhabra, Co-founder and COO/CTO, is a mechanical engineer with a Master's degree in Applied Mathematics from the University of Warwick and previously worked at the European Central Bank on the validation of mathematical models used to price complex derivatives; he coordinates product development, solution engineering and the integration of optimization and machine learning models across verticals. The founding insight was that problems such as fraud detection, risk analysis, interpretation of complex images and network optimization are exceeding the limits of classical computational approaches.

Business model

G2Q Computing supplies customizable hybrid quantum-classical computing software and engages enterprise and institutional clients through applied projects, proofs of concept and technological partnerships rather than prototypes confined to research settings.

Traction

Reported technological partnerships with Intesa Sanpaolo and Altair/Siemens and projects with MEF, SNAM, CINECA/ESA, Ausenco, Genergo and Baker Hughes. A proof of concept with Intesa Sanpaolo on quantum credit risk analysis produced a joint scientific paper based on experiments run on Italy's first quantum computer at the University of Naples Federico II. The team numbered nine people as of February 2026.

Latest developments

As of February 2026, the company was profiled by Intesa Sanpaolo Innovation Center following its Techstars Transformative World Torino participation, with an ongoing Intesa Sanpaolo proof of concept on quantum credit risk analysis and a joint scientific paper from experiments on the University of Naples Federico II quantum computer.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

An early-stage Italian quantum-classical software developer active in finance and aerospace, backed in its early stages by the Italian Institute for Research on HPC, Big Data and Quantum Computing, Intesa Sanpaolo and the University of Naples Federico II.

Modularity that lets clients combine quantum and classical components for a given problem, a team spanning mathematics, physics, quantum mechanics and statistics that converts abstract mathematical methods into application code, and a stated focus on deployed customer work over laboratory prototypes.

Technology

The company's modular software integrates quantum algorithms with classical computation and high-performance computing, together with optimization, machine learning and artificial intelligence methods. Quantum modules are designed for existing quantum computing hardware. In work with Intesa Sanpaolo, the team implemented efficient probability distribution encoding on quantum hardware for quantum credit risk analysis and executed variational quantum circuits on the superconducting quantum computer at the University of Naples Federico II, studying how hardware-specific characteristics affect end-to-end results.

Go-to-market

The company grows through applied projects and proofs of concept with large customers and institutional partners, supported by participation in accelerators and research programs such as Techstars Transformative World Torino, ICSC, QC4EO ESA and Creative Destruction Lab.

Financial institutions and banking groups, public-sector bodies, and industrial and aerospace organizations, including customers in energy and engineering services.

Geography

Headquartered in Milan, Italy, with partnerships and projects concentrated in the Italian research and financial ecosystem, including the University of Naples Federico II, CINECA/ESA and Turin-based acceleration programs.

History

Founded in 2023 in Milan, the company announced a $2 million pre-seed round in October 2024 to expand research and development of its modular quantum-classical software. It was selected for the 2024 edition of the Techstars Transformative World Torino acceleration program, supported by Intesa Sanpaolo Innovation Center, where it worked with mentors from Intesa Sanpaolo's Tech Observatory and Quantum Competence Center. Within roughly two years of founding, the team grew to nine people and the company established technological partnerships and customer projects across finance, energy and aerospace.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee countOct 20242-10 employees
HeadcountAug 202611
Team sizeFeb 20269 people
Total fundingOct 2024$2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 4

launches, deals, and filings
Feb 2026
Proof of Concept with Intesa Sanpaolo on quantum credit risk analysis

Agreement with Intesa Sanpaolo for a Proof of Concept titled 'Efficient Probability Distribution Encoding on Quantum Hardware for Quantum Credit Risk Analysis', developing quantum algorithms for credit risk analysis. Variational quantum circuits were executed on the superconducting quantum computer of the University of Naples Federico II, producing a joint scientific paper.

source ↗

Feb 2026
Technological partnerships with Intesa Sanpaolo and Altair/Siemens

Reported technological partnerships with Intesa Sanpaolo and Altair/Siemens, alongside projects with MEF, SNAM, CINECA/ESA, Ausenco, Genergo and Baker Hughes.

source ↗

Oct 2024
G2Q Computing raises $2M pre-seed round

The company announced a $2,000,000 pre-seed raise to expand research and development of its modular software integrating quantum algorithms with classical computation.

$2M source ↗

Jan 2024
Selected for Techstars Transformative World Torino 2024

G2Q Computing applied and was selected for the 2024 edition of the Techstars Transformative World Torino acceleration program, supported by Intesa Sanpaolo Innovation Center. The program ran through Mentor Madness, an execution phase and Pitch Day.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does G2Q Computing do?
Milan-based scientific computing startup building hybrid quantum-classical software for finance, aerospace and engineering.
Who are G2Q Computing's investors?
G2Q Computing's investors include Techstars.
Where is G2Q Computing headquartered?
G2Q Computing is headquartered in Milan, IT.