Fujitsu and SC Ventures announce roadmap for Qubitra Technologies, a new joint venture for quantum-powered applications and platform

Fujitsu Limited and SC Ventures today announced 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. SC Ventures by Standard Chartered is a platform for organisations driving innovation and transformation.

Previously incubated as Project Quanta in September 2025, the new venture will launch under the name Qubitra. Today, Fujitsu and SC Ventures unveiled its roadmap for the year ahead and introduced its founding leadership team. The company, which will operate in the UK, 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.

Vishal Shete, CEO, Qubitra Technologies, comments: “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.”

Alex Manson, CEO, SC Ventures, comments: “We use modern and at times frontier technologies to re-invent financial services: Qubitra, with access to Fujitsu’s quantum software and hardware, 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, CTO, in charge of System Platform, Fujitsu Limited, comments: “Qubitra’s applications for financial institutions, in the areas of fraud detection, derivatives pricing and in financial markets trading, will utilise novel machine learning and optimisation 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.”

Product roadmap

Qubitra’s strategy focuses on two core pillars:
1. High-performance, quantum-enabled applications 2. A marketplace platform for the global quantum ecosystem

Quantum-enabled applications
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.

Marketplace platform
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 2025¹.

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

Founding leadership team
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 are:
● 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.

● 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.

● 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 UK, and the company is headquartered in London.

^[sup]1[/sup] SC Ventures and Fujitsu join forces to incubate Project Quanta” (Press release, September 25, 2025: https://global.fujitsu/en-global/pr/news/2025/09/25-02)

About Fujitsu
Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share.

global.fujitsu
About SC Ventures
SC Ventures builds and invests in breakthrough ventures in and beyond banking. SC Ventures by Standard Chartered provides a platform for organisations to collaborate and co-create fintech ecosystems to reimagine the future of finance.

We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.