The joint venture will focus on accelerating quantum capability and value by integrating quantum resources and talent on a digital platform.
London, UK, September 25, 2025 – SC Ventures by Standard Chartered Bank, which builds and invests in breakthrough ventures in and beyond banking, together with Fujitsu, a leading developer of quantum software and hardware, are joining forces to incubate Project Quanta. The project will integrate multiple software and hardware technologies to provide clients a platform to rapidly explore, develop and integrate quantum computing and quantum-inspired applications.
“The current quantum development industry is fragmented with some companies excelling at hardware integration while others are better at quantum algorithm building tools. By joining forces with Fujitsu, we want to unlock quantum resources and talent on one platform for corporates looking to scale their quantum capabilities,” said Apurv Suri, Client Engagement & Partnerships Lead, SC Ventures.
The joint venture will leverage Fujitsu’s expertise in quantum computing R&D and software-and-algorithm development, together with SC Ventures’ venture building prowess and deep insights into financial institutions to accelerate the development of quantum use cases, intellectual property, resources and value.
It will utilise Fujitsu’s quantum computing technologies which it has been developing through both software and hardware advancements utilising multiple joint research initiatives. Based on the collaboration with RIKEN, Fujitsu is currently developing a 1,000-qubit superconducting quantum computer, scheduled to begin operation in fiscal 2026. Looking ahead, Fujitsu is also planning the development of a plus-10,000 physical qubit (250 logical qubit) superconducting quantum computer by fiscal 2030.
The joint venture will include in-house solutions development for applications initially focused on financial services use cases such as fraud detection, risk simulations, derivative pricing, algorithmic trading, and credit decision algorithms, with the goal of expanding to multiple sectors in the near future.
“At Fujitsu, we are committed to solving the world’s most complex challenges through innovation and collaboration,” Stafford Bond, Head of Growth Investments, Fujitsu UK, said. “Partnering with SC Ventures on Project Quanta represents a bold step toward democratising access to quantum capabilities and realising true quantum advantage. By combining our expertise in quantum technologies and integration with SC Ventures’ deep industry insight and venture building pedigree, we aim to accelerate the practical application of quantum technologies and unlock transformative value for businesses.”
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.
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.
Standard Chartered
We are a leading international banking group, with a presence in 53 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.
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