The University of Chicago and IBM are collaborating to support startups in Duality, the nation’s first quantum startup accelerator. This partnership will accelerate the development of quantum software and applications using the IBM Quantum System Two, set to be deployed at the Illinois Quantum and Microelectronics Park (IQMP).
Selected startups will receive funding from IBM, access to its quantum computers, and technical expertise, reinforcing the Midwest’s role in quantum innovation. Duality, led by the University of Chicago’s Polsky Center and the Chicago Quantum Exchange, has founding partners that include the University of Illinois at Urbana-Champaign and Argonne National Laboratory.
Both institutions are also collaborating with partners in Japan and South Korea to prepare 40,000 students for careers in quantum computing over the next decade.
Recent initiatives include the UChicago Science Incubator, featuring a quantum suite, and Harper Court Ventures, a $25 million fund focused on high-impact sectors. Since its launch in 2021, Duality has supported over 25 startups, helping them raise more than $50 million in follow-on funding.
KEY QUOTES:
“The University of Chicago is proud to play a leading role in building the quantum economy—advancing breakthrough science, supporting startups and shaping technologies that will power everything from the highest-resolution sensors to next-generation computing. Partnering with IBM reflects the kind of cross-sector collaboration that makes Chicago’s quantum ecosystem so strong. Together, we’re not just accelerating innovation—we’re helping secure the nation’s technological future.”
Nadya Mason, Interim Vice President for Science, Innovation, and Partnerships at UChicago and dean of the UChicago Pritzker School of Molecular Engineering
“We are excited to support the startups selected to explore the development of new quantum-centric algorithms through Duality’s quantum software track. This work is poised to be a foundational element to our mission to deliver useful quantum computing. Enabling innovators with access to IBM’s performant quantum computers available on the cloud today, along with collaborations across Chicago’s vibrant ecosystem of academic and industry experts, will help us to build the future of computing together.”
Jay Gambetta, vice president of IBM Quantum
“This collaboration with the Polsky Center at the University of Chicago underscores IBM’s commitment to growing and fostering a dynamic quantum ecosystem in Illinois and beyond. By equipping startups in the Duality accelerator with access to funding from IBM Ventures, IBM cutting-edge quantum technology, and deep domain expertise, we aim to accelerate innovation and empower the next generation of quantum leaders that will shape the future.”
Emily Fontaine, global head of IBM Ventures
