Accenture (NYSE: ACN) has made a strategic investment in Good Chemistry Company, a Vancouver, British Columbia, Canada-based company that uses quantum chemistry, machine learning and quantum computing to accelerate new materials design.
The deal, whose amount was not disclosed, was made through Accenture Ventures.
Led by Arman Zaribafiyan, CEO, Good Chemistry Company provides a platform, QEMIST Cloud, which combines cloud, AI, and quantum computing in an integrated platform designed for developers.
The platform’s engine enables accurate, and scalable ways to perform computational chemistry simulations.
The company is 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.