FirstQFM
Category: AI Infrastructure
AI-powered foundation models to enhance the performance and scalability of quantum computers FirstQFM was founded in 2023. The company is led by Vish Ramakrishnan. Based in Stockholm, Sweden. Team size: 1-10. Total funding raised: €1.2 million. Latest round: Pre-seed. Key investors include BSV Ventures, Almi Invest, Further than Capital, Luminar Ventures.
- Founded
- 2023
- Headquarters
- Stockholm, Sweden
- Team size
- 1-10
- Total funding
- €1.2 million
Value proposition
To accelerate commercial quantum computing by improving the performance, scalability, and reliability of quantum hardware through proprietary AI foundation models
Products and solutions
Proprietary machine learning foundation models for quantum device calibration and error correction
Unique value
FirstQFM's approach of using proprietary foundation models to address the core challenges of quantum computing, such as device calibration and error correction, is a key differentiator. They focus specifically on the NISQ-era quantum machines with path toward fault-tolerant quantum computing.
Target customer
Quantum hardware developers and researchers
Industries served
Chemistry, Finance, Life Sciences, Mobility
Technology advantage
The company's AI-driven models are designed to enhance the utility of current NISQ-era quantum machines and accelerate the path toward fault-tolerant quantum computing. They improve device performance, scalability, and availability across multiple layers of the quantum stack.
How they differentiate
FirstQFM is developing proprietary, patent-pending AI foundation models specifically designed to improve the performance and scalability of quantum computers. This is a highly specialized niche within the broader quantum software industry, which is more focused on algorithm and application development.
Main competitors
Zapata AI, QC Ware, Classiq
Key partnerships
Quantum hardware developers, Enterprises for joint development projects
Notable customers
Not public
Major milestones
Raised a €1.2 million pre-seed funding round in October 2025, Developed patent-pending AI foundation models for quantum computing, Initial performance gains demonstrated on superconducting quantum hardware
Growth metrics
Not public
Market positioning
As an early-stage startup, FirstQFM is positioning itself as a critical enabler for the commercialization of quantum computing. By focusing on a software/AI layer that enhances hardware capabilities, they aim to become an essential component of the quantum computing stack.
Geographic focus
FirstQFM is based in Stockholm, Sweden, with initial focus on the European market, but with global competitive focus as quantum computing landscape is worldwide.
Patents and IP
Patent-pending AI foundation models (specific patents not public)
About Vish Ramakrishnan
Co-founder and CEO at FirstQFM. This is his third venture. Previously founded CogniFrame (Toronto-based quantum algorithms company) and Logistrics (platform used by largest U.S. crew hauler with >60% market share). Held senior leadership roles at HSBC, Scotiabank, and Emergis. Holds an MBA from University of Mumbai.
Official website: https://www.firstqfm.com/